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What does it mean for the future of innovation if the founder's assessment is correct: . "We fucking started a hardware business! There's nothing else to talk about. We shouldn't have done that."
imho just that you need to build something other companies cannot copy easily.

I worked on that http://pilo.cool and stopped for precisely that reason

I bought a pair of Here Ones. They were awesome, and they were much more capable than Apple Airpods because they contained microphones and processed real-world sound in real time. But the batteries only lasted about two hours. If not for that fatal flaw, I'd have kept them.

Integrating a microphone with the speaker greatly enhances the range of things such a device can accomplish, and I hope somebody eventually figures out how to do it.

Google is releasing such a product too