February 24, 2024

There was a dramatic shift in global technology around 100 years ago. Common people’s access to automobiles was only starting to take off, television had not even been established, and the concept of the internet would have seemed like lunacy to even the most perceptive scientist. Despite the many ways in which technology has improved our lives and contributed to our progress, it is far from perfect. There have been some spectacular technological failures in the past few years, and this trend is continuing.

10 Juicero

Among all things, what do contemporary, hip, proactive, go-getters adore the most? You are spot on if you thought juice and/or useless devices. An annual revenue of $200 billion is within reach for the worldwide juice industry. Indeed, we adore juice. Approximately $17.6 billion is made annually from kitchen appliances. Putting them together is like putting two peas in a pod! I mean, it ought to have been.

Back in 2017, Juicero looked like a total genius. An elegant appliance for the kitchen that can produce delicious juice. A number of well-known investors poured $120 million into the concept, which included an internet-connected equipment that was used to press individual fruit packets.

The apparatus resembled a vise and used four tons of force to press pre-packaged vegetable and fruit packets, resulting in tasty, freshly squeezed juice. The $699 juice press was eventually superseded when someone figured out you could just squeeze the packets by hand. By testing it with their bare hands, reporters found that they could extract the same amount of juice in half the time.

The Juicero’s disastrous debut was unabated, even after the price cut to $400. They were only in operation for a short time until they declared bankruptcy.

9 Zillow’s artificial intelligence

A realty firm that has been receiving a lot of attention lately for its market domination is Zillow. They bought up so many homes in 2021 that they temporarily halted the program for a few months. A combination of overconfidence and, perhaps, stupidity had led to a catastrophic technological disaster.

Many assumed Zillow was merely a place where real estate agents could display properties for sale, but that was far from the truth. Realistically, the firm’s forte was real estate flipping, and they had perfected an AI system to aid them in this endeavor. Because of their unwavering faith, they were allowing the AI to make cash offers on homes. Unfortunately, that was a poor choice.

The corporation had 7,000 homes with a combined value of almost $2.8 billion in their backlog by November. They proved beyond a reasonable doubt that an AI algorithm cannot be allowed to invest in real estate on a national scale due to its careless spending, which led to the shutdown of the algorithm and the suspension of property buying.

8 The Tesla Bot

In today’s market, Tesla is one of the most recognizable brands. The company and its CEO, Elon Musk, are perennial media darlings, so it’s no surprise that the corporation itself makes frequent appearances. Never forget that Tesla is still the undisputed leader in electric cars, and that they never fail to drop jaw-dropping hints with their periodic product releases.

A news conference was organized by Tesla in August 2021 to announce the development of a robot with human characteristics. If Musk is to be believed, the original intention was to build a machine that could take over mundane, risky, or repetitious human jobs. My progress thus far has been satisfactory. The launch was the issue.

Musk, for whatever reason, decided to flaunt the robot concept before anyone had even built a working model. Consequently, they brought out a man dressed as a robot instead. After that, he tried dancing, and it was awful.

Whether or not that was a joke was irrelevant. The following day, the corporation took a thrashing from the media. Many saw it as an attempt to deflect attention away from negative publicity, but whatever the case may be, it brought shame on one of the world’s most powerful corporations and its wealthiest individual.

7 The Liberty Phone

Some Americans will see every action they perceive as harmful or distasteful as an assault on their freedom. In reaction to this assault, they have begun to designate anything that they believe promotes their point of view as “freedom” in an arbitrary and irrational manner. Do you recall the time someone attempted to rebrand French fries as “freedom fries” because France was against the Iraq War? It took place.

A more modern example of this is the Freedom Phone, which was created for Trump supporters who desired to escape the control of “Big Tech” and have access to a libertarian-free smartphone. It would include an anti-surveillance OS and an app marketplace that does not censor apps. What the hey, if that’s your political leanings. It’s possible to profit from appealing to people’s political convictions. The issue was that the phone’s politics were not in line with its own.

First of all, the Freedom Phone was initially nothing more than a rebranded, low-priced Chinese phone. In reality, the Umidigi A9 phone cost $119, not $499, as claimed by Freedom Phone. Has Umidigi never been heard of? Actually, no one else had either. Coming from China, where neither of those qualities is highly prized, the claim that it was surveillance free and censorship free turned out to be somewhat of a farce, thus it wasn’t even built in America. Almost every tech website has warned customers to stay away from this product because: there are no specifications published on the website, the operating system was replaced with one developed by those big tech corporations, their unregulated app store poses enormous privacy problems, and the product itself is not regulated.

6 Quibi

What are your thoughts about Quibi? As if that weren’t bad enough, everyone except the people directly involved seems to have seen this bomb coming from a mile away, making it the most obvious bomb of 2021.

It appeared like the concept of Quibi was to combine more conventional forms of mass media with something more dynamic and easily consumed, similar to platforms like YouTube and TikTok. You could watch these shows on your daily commute because they were all around five minutes long and starred A-list actors and actresses like Anna Kendrick, Sam Raimi, Idris Elba, Kevin Hart, and countless more. Why were so many famous people there? The approximately $2 billion in investment funds might have played a role.

About seven months passed during Quibi. The plane was deserted. Quibi was only available on mobile phones; TVs were not compatible. The shows on Quibi are not screencapable. It cost way too much for what it was and, more significantly, almost all of their products were average at best. Almost every show on the site was criticized by both critics and audiences.

5 the year 2077 in the cyberpunk universe

One of the most anticipated video games of recent years, Cyberpunk 2077, came out at the tail end of 2020. For crying out loud, Keanu Reeves was in it. In addition to becoming one of the fastest-selling games of all time, it had around 13.7 million sales and nearly 5 million pre-orders before to its launch. Yes, it does sound like a major victory. Well, that’s not precise.

The developer ended up refunding almost 30,000 purchasers due to the game’s extremely unstable and nearly unplayable state. Along with reimbursements, the PlayStation Store eventually removed the game from sale.

On both the PS4 and Xbox One, the game has a lot of glitches. Both the games’ poor compatibility with older systems and the developer’s data theft prompted legal action.

Even when everything worked as it should have, and players could relax and enjoy the game, it was still just alright. Very good. A lot of people have basically ignored it since its release because it failed to meet expectations.

4 Most Iconic Cooler

It takes a lot to turn a cooler into a technological flop. The fact that a cooler—which is really just a styrofoam box—needs extraordinary measures on the part of the firm to ensure its failure, much less one that brings technological advancements tumbling down. That being said, that is precisely what the Coolest Cooler accomplished upon its clumsy inception some years ago.

No one could have predicted that the Coolest Cooler, one of Kickstarter’s most successful campaigns ever, would raise an unprecedented $13 million in 2014. Coolers seem to have a lot of fans.

The original plan for the Coolest Cooler included charging capabilities for electronic devices, a built-in blender and Bluetooth speaker, and a few more features. In 2019, after the cooler eventually caught fire, the company declared bankruptcy.

While the CEO laid the blame for the product line’s demise at Chinese tariffs, 2016 reviews had already shown that the cooler was largely useless. For $399, you’d think a high-tech cooler would work properly, but alas, it didn’t. The battery only lasted for approximately four full minutes of mixing, and the blender itself was only adequate.

The cooler was never released during the Kickstarter campaign due to financial constraints; backers who still desired one were had to pay an extra $96. Also, those who purchased one directly from Amazon rather than through the Kickstarter campaign received theirs more quickly.

3 Galaxy Fold

For a while now, the concept of folding technology has captivated us in science fiction. Rollable and bendable electronics, such as phones or tablets, seem appealing because to the fact that a sufficient number of us have damaged our screens from fallen or crushed devices. Samsung used that information to create a screen that could only be folded, rather than rolled. At least that was the plan.

Unveiled in 2019, the Galaxy Fold resembled a wallet in appearance. If you were to fold it in half and unfold it, the screen would be right there, potentially providing twice the screen capacity of the pocket-sized device. It was about $2,000 for this incredible technology. Not much went right.

Samsung was immediately unsuccessful after allowing reviewers to test out their phones. The majority of reviews quickly pointed out that their folding displays were useless after only a couple of days. Some of them worked on both sides of the fold, while others created bulges. Because they were unaware not to, some reviewers smashed the phone by removing the protective layer.

Shortly after releasing the phone, Samsung boasted that they had sold one million copies in four months. However, they soon recanted, stating that the 1 million units were actually their target sales. The embarrassment of rushing the Fold out to market was eventually acknowledged by Samsung’s CEO.

2 Matched X-Ray Devices

Hackers are always lurking around the corner, therefore it’s common knowledge that we need to secure everything that can connect to the internet. For good reason, hackers can and will break into any system, which is why everyone uses a plethora of passwords to secure their possessions. It encompasses sex devices as well.

Connected adult toys that other users can remotely control are a hot commodity for reasons you can probably come up with on your own. However, there is a lack of built-in security in most of these gadgets.

Any personally identifiable information that could be obtained by intruders from an interconnected device poses the gravest threat to security. At first glance, this might not seem like much, and it could only contain humiliating details about your sex toy usage. Not only that, though.

Someone recently took to Twitter to announce that someone had hacked into their computer and obtained access to Metamask, a browser extension that facilitates transactions on Ethereum and other cryptocurrencies. Aside from a sex toy they had put in to charge, the only strange thing the user could think of on their network was the loss of some NFTs and cash.

1 WeWork

One such tech firm was WeWork, which facilitated the provision of shared office space to emerging businesses. In essence, it was just commercial real estate, but they did experiment with virtual spaces in addition to physical ones and made great efforts to mislead people into believing they were active when in fact they were largely inactive. For their day-to-day operations, the company would lease out larger office premises on an ongoing basis, and then subdivide those spaces to accommodate more temporary tenants. An initial valuation of $47 billion was somehow achieved by this concept.

The business began purchasing office space in large cities around the nation after receiving a $8 billion investment from SoftBank. Nobody thought it was crazy when they predicted their company’s market would be worth more than $3 trillion. Everyone who worked at a desk in a city where they had an office was considered a potential member, which is how they got this number.

Almost comically incompetent, the CEO and his wife were infamously terrible businesspeople. While she once let someone go due to “energy” issues, he worked barefoot and did tequila shots at the office.

It felt like the company’s mismanagement of funds was its sole true strength. In 2018, despite $1.8 billion in revenue, they lost $1.9 billion and kept tanking. Even though it didn’t work, the CEO had to step down in order to restore faith in the company. Their 2019 initial public offering was a bust and withdrew. During the first quarter of 2021, they lost more than $2 billion.

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