Integration with Third Parties and Revenue Streams

1min Snip

00:00

Play full episode

Summary

Comments

Transcript

Episode notes

The company integrates with third parties and plans to have more in the future. They offer services alongside their devices with a low monthly fee. Their business model includes apps as potential revenue streams, viewing the traditional concept of apps as evolving. They collaborate closely with certain third parties, while also utilizing publicly available resources independently. Currently, revenue is generated through hardware sales. They aim to consistently introduce new experiences enabled by a lightweight client on the device supported by a powerful cloud. This approach ensures ongoing evolution and updates similar to Tesla's software update releases for a seamless customer experience.

Imran Chaudhri and his wife Bethany Bongiorno are responsible for bringing some of the most widely-used screened products to market—like the iPhone, iPad, and Apple Watch.

And while these devices have connected humans like never before, Imran and Bethany couldn’t help but wonder about the downsides of spending so much time tethered to screens. After leaving Apple, they eventually brought a new tool to life; something screenless...

This week on How I Built This Lab, Imran and Bethany’s wearable pin capable of being your personal assistant. Plus, how they believe that AI can be regulated without stifling innovation.

This episode was produced by J.C. Howard with music by Ramtin Arablouei.

It was edited by John Isabella with research help from Kerry Thompson.

You can follow HIBT on Twitter & Instagram, and email us at hibt@id.wondery.com.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.