Yes, and there are also plenty of solid niche applications of 3d displays. The point is that both the Segway and the MagicLeap were pitched as being the next mobile phone or automobile (something everyone has at all times).
Of course personal electric vehicles seem to be having a renaissance at the moment (scooters) but the buzz:use ratio of modern scooters is much-much lower than the original segway era from 20 years back.
As far as I've seen, Magic Leap doesn't even have a niche. I can think of plausible niches for some hypothetical future AR tech, but none for what Magic Leap has managed to create.
Oh, sure! But those who didn't live through the hype may not know that it was expected to revolutionize transportation. "Venture capitalist John Doerr predicted it would reach $1 billion in sales faster than any company in history, and that it could be bigger than the Internet." [1]
Presaged in the sense that there was also a lot of VC-driven hype that didn't work out, sure. I'll admit there's a slightly higher chance that scooter rental still might turn into a real business. But it's definitely not a given.
Of course personal electric vehicles seem to be having a renaissance at the moment (scooters) but the buzz:use ratio of modern scooters is much-much lower than the original segway era from 20 years back.