A lot of skepticism here, which is understandable given the somewhat unbelievable scope of what they are promising. I'm a very active user of Magic+, so I'll give my perspective. (and of course I've been working with them from the beginning at YC, so you're also free to discard my opinion as biased) For me, Magic+ is basically the impossibly good personal assistant, kind of like Jarvis in Iron Man, or Emily in The De…
>but my expectation (as an investor) is that as the tech improves they will be able to bring down the price while maintaining or even improving the quality of the service Call me skeptical, but where exactly is the tech involved? Currently this is just text messages going to people + people doing the things. One possibility would be through AI (a bit of a weasel word most of the time, honestly), but Google and Apple…
Google, Facebook, many other companies (perhaps not Apple) publish many of their research findings and a lot of innovation is coming straight from academia.
To answer your question more directly, the hardware, software and data required to run an effective machine learning platform is getting cheaper and more powerful every year, which should drive down price if they can replace human tasks with AI solutions.