"We'll call it AI and people will gladly pay $700 for it!" - Humane's founders, probably. The Humane AI Pin is a lesson in... well, it's a lesson in a *lot* of things. Forget about the fact that its charger could "pose a fire safety risk" because that's just the icing on the cake. But perhaps the most important lesson is that products and services need to deliver value. They need to solve a problem, make lives easier, be entertaining... *something*. This product is, despite some of the interesting engineering, worse than smartphones in just about every way possible. There's going to be a lot of worthless "AI" stuff over the next couple of years. But as you navigate the products and services that utilize AI (or consider building something yourself), ask yourself, "What problem is this solving?" or "How does this make life easier?" Even HP doesn't want to buy this company and they bought Palm for $1.2 billion. https://lnkd.in/gDgznupY
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if you have one of these devices they may catch fire, so read the article.
HOW'S HUMANE AI PIN GOING? Not great. After putting the company up for sale a month after launch, now there are issues with a third-party battery cell that “may pose a fire safety risk”, "out of an abundance of caution" 🔥🔋✨ "Humane is telling AI Pin owners today that they should “immediately” stop using the charging case that came with its AI gadget." "As recompense, the company is offering two free months of its subscription service, which is required for most of its functionality. The company didn’t say if it will offer a replacement charging case, only that it “will share additional information” after investigating the issue." In a separate article (see comments), we learn that: "Questioning the design and dev progress was apparently "against company policy."" 👀 "Thanks to the Times' reporting, we've got some hard sales numbers. How bad does it have to be for founders to want to exit the company? The report says, "As of early April, Humane had received around 10,000 orders for the AI Pin, a small fraction of the 100,000 that it hoped to sell this year, two people familiar with its sales said." At $700 each, if all of those orders were filled, that's around $7 million in revenue, plus whatever the subscription retention is. It's hard to imagine the company making much more after the devastating reviews, press of a potential sale, and fire risks." The report says, "About a week after the reviews came out, Humane started talking to HP, the computer and printer company, about selling itself for more than $1 billion, three people with knowledge of the conversations said. Other potential buyers have emerged, though talks have been casual and no formal sales process has begun." "After apparently not being interested in honest employee feedback during development, once the product launched, Bongiorno called the team together and said the company would have to "lean into painful feedback" and called the reviews “a gift that we’ve been given.” It's unclear how much more runway Humane has left. That $230 million in funding and $7 million in sales needs to cover five years of product development, manufacturing, server time, and paychecks for a peak of 250 employees. The Pin is still for sale at the normal $700–$800 price; the next step ought to be a fire sale of the remaining inventory." 🔥 Do you expect the AI hardware company to turn things around and find a willing buyer at $750 million to $1 billion at this stage? What are the lessons for other AI companies looking to build hardware devices? #ai #humane #aipin #llm #genai #aidevice
Humane warns AI Pin owners to “immediately” stop using its charging case
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▪️Trucker Lady Chasing My American Dream, One Load at a Time ▪️Founder of Freight Freedom Club-Freight That Gives You Freedom ▪️Women in Supply Chain: Rising star Winner
✔ Imagine AI receives a call from a carrier: 'Hey, your load is longer than it's supposed to be, but fortunately, I have an Extendable RGN and can handle this load.' AI fixes it, adds money for a permit, and informs the customer. ✔Then the driver calls, needing the BOL. AI contacts the customer to request it and then sends it to the carrier. ✔ AI also assists with lumper fees and fixes any code issues. ✔ AI gets a call from a carrier reporting that the customer refuses to provide directions, as they don't understand the carrier's accent and suspect it's spam. ✔ AI explains that it's not a scam and clarifies the situation with the customer." That's the kind of help we dream of! Freight pros: What do you wish AI could do for you in our industry? Share with me your wildest desires :) #AIDreams #FreightHelp"
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Transforming the Insurance Industry with Applied AI: Computer Vision and Image Labeling 🚀 In the fast-paced world of insurance, artificial intelligence (AI) is reshaping how companies assess risk, process claims, and serve customers. One key innovation is computer vision and image labeling technology. AI-powered computer vision swiftly analyzes images of damaged property or vehicles, providing accurate damage assessments. This accelerates the claims process and ensures consistency. The future of AI in insurance promises further advancements in accuracy and capabilities. By leveraging AI for image labeling and computer vision, the insurance industry is achieving significant strides in efficiency, accuracy, and customer satisfaction. The age of smart insurance is here. #AIInsurance #ComputerVision #ImageLabeling #InsurTech #Innovation #FutureOfInsurance #SmartInsurance #AITransformation #KASIKORNX #KX
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Product Manager | GenAI Explorer | Agile Enthusiast | Ex Co - Founder of WitBlox
Gone are the days of manual inspections! With AI-powered algorithms, we're enhancing accuracy, efficiency, and consistency in our quality control procedures. By leveraging Computer Vision technology, we're detecting defects, ensuring precision, and maintaining superior product standards across the board. 🌟 Join us on this journey of innovation and excellence in quality assurance! Let's shape the future of manufacturing together. 💡 #QualityInspection #AI #ComputerVision #Innovation #ManufacturingExcellence #visualinspection #manufacturing #productivity #QA #qualitycheck DM me to know more
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Transforming the Insurance Industry with Applied AI: Computer Vision and Image Labeling 🚀 In the fast-paced world of insurance, artificial intelligence (AI) is reshaping how companies assess risk, process claims, and serve customers. One key innovation is computer vision and image labeling technology. Automated Damage Assessment: AI-powered computer vision swiftly analyzes images of damaged property or vehicles, providing accurate damage assessments. This accelerates the claims process and ensures consistency. The future of AI in insurance promises further advancements in accuracy and capabilities. By leveraging AI for image labeling and computer vision, the insurance industry is achieving significant strides in efficiency, accuracy, and customer satisfaction. The age of smart insurance is here. #AIInsurance #ComputerVision #ImageLabeling #InsurTech #Innovation #FutureOfInsurance #SmartInsurance #AITransformation #KASIKORNX #KX
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MobileSpike is a James Bond-style device on police cars to quickly and safely end high-speed chases. ---- Get the latest AI news, tools, powerful prompts, and step-by-step tutorials (with video!) in a daily email. Join 35K+ readers discovering AI-powered opportunities to save time and earn more —> https://lnkd.in/eqg2BJdQ ---- It deploys spikes under a target vehicle’s tires, disabling it within 60 seconds. Activated from inside the car, it reduces risks for officers and the public, though it costs around $20,000 per unit. ---- Don’t be left behind in the AI Revolution! If you want to know how AI tools can serve your work and increase x10 productivity, join 35K+ AI Enthusiasts of the AI Fire Community to get daily AI tutorials, awesome prompts, and the latest AI news to sharpen your AI skills —> https://lnkd.in/eqg2BJdQ ----
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AI automation is bad for brokers. You can argue that AI can put freight brokers at risk by diminishing the value of the human touch in customer service and engagement. The "set it and forget it" mentality can be a recipe for disaster. In freight brokerage, experience shows that every day is different, and every shipment, despite being the same lane, is unique. Edge cases are the norm, so full automation cannot always be the goal. Allowing AI to run unchecked will inevitably result in mistakes and poor service. However, AI can be beneficial when used to empower people. It can provide context, suggestions, insights into previous decisions and previous outcomes to help make quick, educated decisions. When used correctly, AI can enhance the quality of work and be good for business, especially brokers’ businesses. #ai #automation #innovation #operations #business #logistics #transportation #freight
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Investing in AI isn’t just about staying ahead — it’s about achieving tangible return on your investment. AI can help your claims handlers settle more claims in less time, significantly reducing claims operating expenses. It reduces mistakes and overpayments, directly lowering your claims costs. Lowering these costs will improve your result and combined ratio. We’ve already helped insurers reduce processing times, cut costs, and increase customer satisfaction. Curious about the ROI? Let us show you the numbers and how Mavera DSS can improve your financial performance. #ClaimsManagement #Insurtech #AI
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𝗥𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝗶𝘇𝗶𝗻𝗴 𝗙𝗶𝗿𝘀𝘁 𝗡𝗼𝘁𝗶𝗰𝗲 𝗼𝗳 𝗟𝗼𝘀𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗔𝘂𝘁𝗼 𝗔𝗳𝘁𝗲𝗿𝘀𝗮𝗹𝗲𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝘄𝗶𝘁𝗵 𝗔𝗱𝗱𝗲𝗻𝗱𝗮 𝗙𝗡𝗢𝗟 Addenda First Notice of Loss (FNOL) solution transforms the automotive claims process with its innovative approach. Designed to streamline operations, our FNOL system leverages advanced AI and data analytics to ensure seamless interaction between insurers, OEMs, and repair networks. 𝗜𝗻𝘀𝘁𝗮𝗻𝘁 𝗜𝗺𝗮𝗴𝗲 𝗮𝗻𝗱 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁 𝗖𝗮𝗽𝘁𝘂𝗿𝗲: Ensures the correct images and documents are captured with the right resolution. 𝗔𝗜 𝗗𝗮𝗺𝗮𝗴𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀: Our AI engine accurately detects and analyzes damages, providing swift repair recommendations . 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗱 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗝𝗼𝘂𝗿𝗻𝗲𝘆: Enables a smooth claims process that is quick and transparent. Experience the future of automotive claims management with Addenda FNOL. Learn more about how we are driving efficiency and customer satisfaction in the industry. #Addenda #FNOL #AutomotiveInnovation #ClaimsManagement #AI #DataAnalytics #CustomerSatisfaction #Efficiency
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The next layer of value differentiation around AI will be a guarantee or some form of insurance around your AI recommendations. Trust erodes when we use something like the new AI Overview in Google and receive recommendations such as eating small rocks is good for digestion, glue belongs on a pizza, and gasoline goes well with spaghetti. The quality and source of your data driving the AI recommendation matters.
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