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Comment by Analemma_

2 days ago

Your sympathy is severely misplaced. Magic Leap was Theranos-sized fraud from the beginning: they never had the goods, put out a whole bunch of misleading hype to persuade consumers and gullible investors that they had the goods [0], and eventually it caught up to them. Good riddance.

[0]: https://www.youtube.com/watch?v=E9r2Z5v_E9o

I agree they hyped the product too much, but contrary to Theranos, they did ship two products that actually moved AR tech forward. They just weren't efficient enough and the product market fit wasn't there. Even Apple is failing at AR.