this post was submitted on 04 May 2024
533 points (95.1% liked)
Technology
59605 readers
3100 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
At least part of this is due to a direct quote from the CEO mentioning how they need a VERY bespoke Android version for it to run, which is clearly bullshit because you can run the APK on other devices other than the Rabbit R1 hardware.
Since Rabbit was at least partially funded by the "Cyber Manufacture Co" rug-pull and they suffered NO penalty the CEO has taken this as a sign the market will tolerate his scams. You should view the Rabbit R1 through the lens of it being a former "web3" company and I'm sure the shady legacy remains inside that company.
Since Rabbit sells at $199 and then NO monthly charge, there is basically no viable funding model for this company. Every single request you send the Rabbit costs them money. So, it's only a matter of time before the R1 itself is "rugged", whether that's suddenly requiring a monthly fee OR just shutting down entirely.
My guess would be, like the Humane Pin, they wanted to do a monthly fee, but if they did the R1 would sell even worse (since it's basically entirely broken out of the box). If these guys make it 3 years I'll be surprised. And, since the R1 does nothing locally, it turns into a nice paperweight when these guys eventually pull THIS rug.