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There's this really interesting dynamic here, I would never buy an Alexa- why? Because it's an Amazon machine in your home optimized to bankrupt you. We all kin
by SilverBirch 4y ago
There's this really interesting dynamic here, I would never buy an Alexa- why? Because it's an Amazon machine in your home optimized to bankrupt you. We all kind of know it, the aim is for Alexa to figure out ways to monetize you. But having said that, a smart speaker should make money! It's a bit of low margin consumer tech, massive volume. The only way you lose money on that is by.... hiring a load of AI engineers to figure out how to exploit your customers. It's also kind of funny, you sold all these devices at cost.... but why? Apple's homepod sucks, and you (hope) you're clearly differentiated against Google. So why not actually just make money selling it.
I'm just mad once again, that I didn't get the benefit of venture subsidized consumer products.