Plaud
While watching a YouTube video I saw an advert for the Plaud AI Note Taker [1]. The Plaud device looks pretty good for what it does, taking notes and managing them, using some sort of LLM function to manage the notes. The devices all cost about $300 which is an amount that doesn’t seem unreasonable for someone who’s in a lot of meetings. One of the models is the “NotePin” that seems comparable to the Humane AI Pin I previously blogged about [2].
The business model for Plaud is based on only allowing 5 hours per month of free transcriptions, then charging $16.25/month for 20 hours per month and $33.33/month for unlimited use. That’s quite expensive for any serious use.
The number of people in the market for an audio recording system that automatically transcribes things may be greater than the number of people in the market for all the stuff that the Humane AI Pin did, but it still may not be enough to run a profitable business when competing with apps on mobile phones.
While the product does look decent it seems that they are making the same mistakes as the original Humane developers did, of wanting to lock it down as a subscription based service which reduces the usability of the device. If they had sold an Android hand-held computer with their own app pre-loaded and allowed the user to install a different app then it would have been much more usable. If they had sold Android devices designed for the note taking market and allowed people to choose their own apps to install then their products would have a much longer life expectancy.
The majority of Android devices in use are probably out of support but still working while the Humane AI pin can’t be used any more and at some time in the not too distant future the Plaud devices will also become unusable. People who buy devices like the Plaud seem to be unaware of the history of such things and the expected future for them. But possibly some people just consider $300 for a year of use to be an acceptable price. If someone wanted to purchase a new high end phone every year and sell their previous one they would probably have a net cost of about $500/year.
Maybe I should look for work with a company with an implausible AI based business plan. It would be fun developing such a device if you weren’t emotionally invested in the project. Just develop new technology, earn a heap of money, play with fun computers, and move on to the next thing when it collapses. Just like all the Internet companies about 25 years ago.