I think it really was the M1 Chip that killed Mighty. The product itself looked like it was working great. Before the value proposition was good. You can still use your old laptop and still have a very fast browser experience via remotely running it on a AMD server chip, this way you save on battery life and RAM too. Then M1 speedometer scores started beating AMD Epyc on single core web browsing performance. Not only…
Mighty is only dead because Suhail wanted to pursue what they clearly think is a bigger opportunity [0]. Mighty is already building its own GPU servers, might as well put them to use for AI as the perf and the size of AI models is roughly on an exponential trajectory [1]. It may not be long before AGI is within vicinity [2].
Though I agree a better strategy wouldn't be to accelerate the browser (akin to boiling an ocean?), but instead take one app at a time and make it browser-native (like, Photoshop -> Figma). A similar concept to (I don't remember who said it), take tools hackers use and build it for the Internet (grep -> Google, sendmail -> Hotmail, emacs -> Replit, sftp -> Dropbox etc).
[0] AIs today can automate away humans on quite a few tasks, assist them on quite a few complex ones already. And still: models are getting only way more capable, not less.
[1] https://twitter.com/stephsmithio/status/1501729837366452224
[2] https://twitter.com/ID_AA_Carmack/status/1590816470845771777