The controversial AI Pin wearable from Humane has since been returned by dissatisfied buyers of the once-promising tech, and a new report has claimed that it is now seeing a faster return. This is in comparison to Humane's selling rate of its touted revolutionary product that leverages artificial intelligence (AI) to users, but one that costs a premium price.
More recently, Humane has started to look for buyers of its entire company despite being in the middle of selling its main product, which many has reportedly seen as a flop.
Humane AI Pin Return Rate is Higher than its Selling Performance
(Photo : Humane)
A total of 10,000 AI Pins and accessories were sold by the company since its release, but it was revealed that only 7,000 units are yet to be returned.
It has also been reported that Humane received an order of 1,000 AI Pins which were immediately canceled before the company had the chance to ship it.
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Over $1 Million Worth of Humane AI Pins Retuned by Buyers
At present, Humane has seen over $1 million worth of their AI Pins that have been returned by its buyers, and the data that the report viewed shows that returns are "outpacing" its sales by as much as $9 million.
The Humane AI Pin will cost users a hefty $699 for the wearable AI assistant, camera, and projector. It should be noted that the company is also requiring a $24 monthly subscription before taxes and fees.
Humane and its AI Pin Wearable Controversy
The company known as Humane is famous for being made up of former Apple employees, who created the startup which centers on different types of wearable experiences for users. Initially, it focused on its advanced laser technology that boasted of its capabilities to turn anything into a display. It has been reported previously of the development of a pair of AR glasses for Android.
However, the company is now focused on the AI Pin, a new kind of wearable that is mostly added to one's clothing, that focuses on generative AI features. However, it could also display media through its projector feature thanks to Humane's laser technology. It is likewise equipped with a camera lens that could capture images and videos on the go.
Despite these advanced promises of a wearable AI, the actual product did not deliver, according to its users who have since returned the pin to the company. Users are reportedly likewise unhappy with the company's monthly subscription requirement.
It remains to be seen if other units of the AI Pin will be returned to Humane by its unsatisfied customers.
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