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> nay, rewarded Really? I see a low hanging fruit opportunity to get rich: manufacture and sell the same motorcycle vest and sell it at an upfront cost equal t
by bhupy 5y ago
> nay, rewarded
Really? I see a low hanging fruit opportunity to get rich: manufacture and sell the same motorcycle vest and sell it at an upfront cost equal to some approximate amortization of monthly payments over some average LTV.
As a motorcycle rider, I currently have like 10+ different options for motorcycle jackets.
- vr46 5y agoAlso as a motorcycle rider, the whole notion of life-saving protection and safety being a "service" suggests that the thing is too complicated to work 100% of the time, with no fail-safe option, and therefore cannot be trusted at any cost. Protective devices need 100% uptime.
- bhupy 5y agoAgreed, it doesn't seem like this would even need to be a "service", at least in the sense that the core functionality of "inflating" can entirely be serviced offline/locally on the jacket. There's so much wrong with the implementation here, and it looks like a bright flashing opportunity for someone to provide a simpler/saner/cheaper alternative and make a quick buck.
- vr46 5y agoIt looks like they got the marketing badly wrong, because we should be talking about how clever the bag is etc, but instead we don't give a monkey's. Gah. MotoGP has mandatory airbag suits, with accelerometers and gyros. Racing is obviously different, there's no cars and trucks to run you over, but top speeds are completely insane, so the tech might well translate over to the road.
- bhupy 5y agoIt appears their bet was that by having the upfront cost be discounted and making the money back in "service" payments, they increase access to those that might otherwise not be comfortable footing the high upfront cost. The product isn't a motorcycle jacket, it's a financial instrument with life-and-death usury rates. In some sense, it's probably impossible to market a product like this well.
- wombatmobile 5y ago> it's probably impossible to market a product like this well. At the right price, with 100% uptime, motorcycle airbags would be a monster hit product. I say that with confidence because as a motorcycle rider who is aware of the stats which tell me we risk death and serious injury 8X more than car drivers. I want a motorcycle airbag - at the right price and conditions. Who doesn't? And why don't they exist? What would be the cost to manufacture them at the rate of 500 million a year? That's the global market potential. p.s. Do motorcycle airbags actually work to significantly prevent injury and death? If the answer is that they aren't particularly efficacious anyway, even when ideally implemented, I can understand why they scarcely exist in the market.
- bhupy 5y ago> What would be the cost to manufacture them at the rate of 500 million a year? That's the global market potential. Completely agreed. The fact that there's one bad product on the market doesn't mean that one can conclude that our system rewards bad products, per the GGP comment. > p.s. Do motorcycle airbags actually work to significantly prevent injury and death? If the answer is that they aren't particularly efficacious anyway, even when ideally implemented, I can understand why they scarcely exist in the market. Probably not! I think time will tell.
- GauntletWizard 5y agoIf instead of disabling the airbag, they simply repossessed the whole jacket, nobody would give a rat's ass. That's called a rental and it's a legitimate business model (though not one that I'd ever take for lifesaving equipment). Instead, they intentionally added failure modes to their equipment - Making it worse even for customers that bought it up front, because now that code is hanging out and may be accidentally activated.
- jacquesm 5y agoOr purposefully.
- SketchySeaBeast 5y agoI can't wait for them to offer "low latency impact protection".
- jacquesm 5y agoExactly.
- shakna 5y ago> Protective devices need 100% uptime. The manual for the same companies skiing airbag points out that if the GPS drops out, the airbag is disabled. [0] That should pretty clearly indicate how well they take safety. [0] https://www.inemotion.com/myinemotion/documents/ski/2017.user_manual_rpg_in&motion_airbag_vest_en_v1.pdf?v=1554480075 https://www.inemotion.com/myinemotion/documents/ski/2017.use... (Page 16)
- aitchnyu 5y agoHow can they ever justify relying on a GPS? My watch reminds me every 20 minutes of a walk that it lost GPS.
- shakna 5y agoHow can any designer of a safety product justify it having any kind of software shutoff? Safety products must _failsafe_, especially in unexpected situations. This is just failing hard.
- FDSGSG 5y agoWhy would GPS not be reliable while skiing?
- alushta 5y agoTrees.
- shakna 5y agoGPS has service interruptions. Planned and otherwise. GPS jammers may be illegal, but they exist, which means that they can be encountered. Wet leaves on trees have been known to degrade GPS signals. Cross-country skiing exists, and may proceed through forests that are... Wet. GPS connectivity can be impacted when switching from one satellite to another. Safety equipment _must_ have a _failsafe_, not depend on the assumptions of the software. At no point in time is it reasonable for it to depend on something external to itself for whether it works or not.
- 5y ago
- heavyset_go 5y ago> Really? I see a low hanging fruit opportunity to get rich: manufacture and sell the same motorcycle vest and sell it at an upfront cost equal to some approximate amortization of monthly payments over some average LTV. The same company sells the same vest for twice the price without the subscription. However, that doesn't help the people who bought a vest that locks them out of necessary safety features, nor does it help the rest of the market when a business poisons the well like this.