Magic Leap is neither magic nor leaping

Post by jaypaulynice » Sat, Jan 21, 2017, 7:39 PM UTC

cocktailpeanuts wrote: post #42

jaypaulynice wrote: post #32

The problem is honesty isn't rewarded anymore. Someone working hard will be beaten by someone who tells all the fancy stuff...I know a lot of startups that raised millions, but their tech and growth is totally non-existent. I did some research and a lot of companies have little to no social media presence, yet are "growing" crazy. How do people find them? Add network effect and you get overly hyped stuff that don't d…

I see the same phenomenon and think it's the opposite. Raising millions is not a reward. I understand why you think that way since I used to think that way too. But I learned the hard way that raising money is nothing more than the price you have to pay to get to somewhere you want. So what IS reward? Obviously, if your business does well and "growing" crazy, that's your reward. That way you didn't even have to give…

Post by maverick_iceman » Sat, Jan 21, 2017, 8:01 PM UTC

Fricken wrote: post #92

ryandamm wrote: post #50

I think what's missing from this discussion is the demo is apparently really, really good. Google didn't put ~$500m, and Alibaba something like $800m, just on a whim, or some investment thesis. And everyone I've spoken to who's gotten the demo is a believer. I think this article suffers from an overly binary view of technology -- if it isn't market ready, it's vaporware. No, there's probably some real tech there (afo…

Facebook bought Oculus for 2 billion, and what were they buying there? Oculus had a prototype cobbled together using off the shelf parts by a teenager in his garage, a successful kickstarter campaign, and John Carmack jumped on board. And that made Oculus worth two thousand million dollars to Zuckerberg. The acquisition sent a strong signal, though. Shortly afterwards a bevy of competitors, big and small, started thr…

Post by shpx » Sat, Jan 21, 2017, 9:14 PM UTC

ratdiary wrote: post #100

DonHopkins wrote: post #55

Earlier quoted context omitted.

Good meta-discussion. I assumed the article's title was a reference to the SNL skit, but there weren't any more references or allusions to it in the article, so I though other people who didn't recognize the skit might appreciate a reference. I hope my other post linking to their TEDx talk balanced out my frivolity! ;)

You don't have to apologize for your post (... to me, anyway, who laughed out loud). There is value in humor that is separate from information yield.

Post by Sologram » Sat, Jan 21, 2017, 9:54 PM UTC

redgc wrote: post #34

Benedict Evans doesn't seem like the kind of guy to fall for BS though, let alone defend it. And surely at least one of their investors had the technical due diligence capability to investigate how much computing power is in the demo "rigs" and be able to know if such power can be "miniaturized" into a consumer product by year X, perhaps allowing for a little software optimization on the way too.

Post by Sologram » Sat, Jan 21, 2017, 9:59 PM UTC

endorphone wrote: post #106

Kiro wrote: post #27

The author of this article needs to try Hololens. The technology is definitely here.

HoloLens is being pushed with much of the same rigged demos. As a review from a few days ago mentioned- "Maybe Microsoft is saving all the wow factor for its keynotes, but my demo was a less refined and less capable version of what we've seen in on-stage demos. My experience, while impressive, felt like child's play AR compared to what's been in Microsoft's keynotes." Microsoft unveiled it well over a year ago, and s…