The reason Magic Leap was called a scam is because they demo'd technology that seemed too good to be true and then never produced a consumer product that delive

The reason Magic Leap was called a scam is because they demo'd technology that seemed too good to be true and then never produced a consumer product that delivered that demo. That's why people described it as a scam- there was no good faith understanding they could deliver what they promised. Compare that to Quibi where they have a platform, they have the content that they paid for. The problem isn't they promised something they can't deliver, the problem is they delivered something no one wants. It's not difficult to see how you'd pour billions into original content and a distribution platform. Netflix does that. It's difficult to understand how a company can show you a fantastic demo, spend billions on development and then produce a product that doesn't even slightly live up to the demo.