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Imo the big problem is that running the NLP for these devices is already expensive. Alexa lost $10 billion last year. I don't think the other smart homes are do
by HDThoreaun 4y ago
Imo the big problem is that running the NLP for these devices is already expensive. Alexa lost $10 billion last year. I don't think the other smart homes are doing particularly well. Why would any VC want to get involved in this space when the largest tech companies have been in it for close to a decade now and are nowhere in terms of monetizing or even breaking even on the devices.
And then you realize transitioning the response to an LLM would make the device even more expensive and the business makes no sense at all.
- hacker_gal 4y agodo you really need an LLM should be the question. Re smart home devices, I haven't seen anyone using it other than setting an alarm, timer, turning on/off the lights, playing music, checking the weather and so on. Probably there are max 1000 things. you can have an end-to-end spoken language understanding rather than speech-to-text and nlp separately. other than big tech, smaller speech companies - snips, picovoice, sensory are all doing that. just because amazon has billions of dollars to acquire user data, or acquire and kill smaller companies, it doesn't mean it's the best or only way.