Welcome to a new episode of Business Lunch, Ryan Deiss and I dissect the recent hype surrounding two new AI-powered gadgets - the Humane AI pen and the Rabbit. Both products promised to revolutionize our lives with features like real-time feedback and enhanced productivity. However, reviews have been scathing, exposing the devices as clunky, unhelpful, and ultimately a letdown. We delve into the challenges of launching new hardware products in a crowded market and explore the dangers of overpromising and failing to deliver, highlighting how a great marketing campaign can backfire if the product itself isn't exceptional.

Highlights:

"The people are not stupid long term, we're all a little stupid short term from time to time."

"It's a game of replacement, not enhancement."

"The better you are at marketing, the better your product better be.”

Timestamps:

00:54 - Introduction

02:36 - Memorial Day

05:26 - AI Devices and Hype

07:17 - The Future of AI Gadgets

12:24 - Apple Vision Goggles

14:21 - Lessons Learned

16:30 - Nobody Wants More Stuff

17:32 - Rabbit Using Chat GPT

23:10 - Marketing Lessons (and Mistakes)

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