I'm skeptical of the analysis because it seems the author has a singular fixation on constantly criticizing ML, and apparently works for competitors. He may be right, but whether or not ML1 is a success really won't depend on whether or not stuff like the original concept of fibre optical scanning light fields will work, the ML1 will succeed or fail based on consumer experience and content availability. And I really…
This is an industry where outsiders have a very limited understanding of the serious serious problems in front of AR.
It's also an industry that is taking advantage of the very limited understanding of just about everyone not in it to hype things far beyond their capabilities.
If you care about AR in even an offhand way you should spend some time self educating and Karl Guttag's site is a good way to get started.
It's very interesting field but there are tremendous challenges in front of it and it serves no purpose to just assume the companies involved have actual magic leaps that solve the problems.