5mo ago

Humane AI finally shuts down, HP pays $116m for the pieces — not including the Ai Pin

pivot-to-ai.com

Fuck AI @lemmy.world

prototype_g2 @lemmy.ml

5mo ago

Humane AI finally shuts down, HP pays $116m for the pieces — not including the Ai Pin

pivot-to-ai.com /2025/02/19/humane-ai-finally-shuts-down-hp-pays-116m-for-the-pieces-not-including-the-ai-pin/

18 comments

HP finding new lows to get to with printers is honestly kind of impressive. depressing as fuck, but impressive. maybe this is how the sentient printers from Gawne's Old Guy verse start up
also, I was sent this earlier:
- Fun question to think about: when was the last time HP made a product that you would actually recommend to anyone?
  
  1970s probably?
- A humane AI in an HP printer?
  I imagine it's just going to send a prompt to chatGPT like "Scan this document, if it seems important, lie about having no ink left. Find a particularly overpriced HP ink stockist near the user and give them a link to it. If they ask how you knew where to get the ink, lie about not tracking them."
LOL. HP buying you is a guarantee your tech will get messed with and forgotten. Just ask Palm.
- RIP Palm Pilots
And to think, almost a year ago to this day, they had just announced a partnership with Softbank.
With the whole capital ventures losing 50% value, they likely expected that.
VC don't go in thinking everything will net them a profit. They expect to lose on most, but that one that does kick off covers for everything that failed.
Plus it's not like they lose much in the end. Those capital losses get used to offset any capital gains from the one that worked.
- per link, venture capital has been very reluctant to unambiguously realise the losses. a $1b book value is an (imaginary) asset you can hug and hold, a $114m loss is not.
  
  venture capital has been very reluctant to unambiguously realise the losses
  don't believe the broadsheets / the gravy train's a-rockin'
- There's something kind of obscene about that, isn't there? Like, instead of needing to exercise judgement about what's going to be a good investment in either the profit-generating or the world-improving senses you just have enough money to keep throwing at whatever weird grifter has the right energy this week, but if you repeat it enough and throw enough money down enough holes then you might accidentally end up becoming the richest of all the rich assholes.
  It's like turning being a shitty poker player into a business plan by assuming (correctly) that you'll always be able to rebuy after you lose your stake.
  
  @YourNetworkIsHaunted @slazer2au yes. Out of all the mechanisms we could have had for deciding how the future is built, we have chosen the absolute worst

18 comments