Each week Ross Rubin contributes Switched On , a column about consumer technology. The last Switched On discussed how many of the Risks and Challenges sections of Kickstarter campaigns fail to portray an accurate picture of what might go wrong. This was true in the case of the Auris Wily. It, like many campaigns, used this section of the campaign page in the exact opposite way it should be used; they allay concerns about risks and challenges. If the Risks and Challenges section of Kickstarter campaigns reflected reality, they might include some of the following things you should keep in mind for any device project you back: The company could get sued out of existence for patent infringement or something else. The product may turn out to be impossible to make or cost so much to make that it exceeds the amount of funds raised. The product may unintentionally do something illegal. An explosion at the factory could wipe out production. The contract manufacturer could have lied about its capabilities. A critical component for the product could become unavailable. A defect could be found that makes the product unsafe or unusable. The app that the product requires could be denied by Apple or Google. A critical team member may get hit by a bus. The bus may be driven by another team member with whom there’s been a falling out. That apparently earnest guy humbly telling you “Here’s where you come in, ” in the slickly produced pitch video could take the money and vanish to a comfortable retirement in Chile where he feigns a humble existence driving a bus. And of course, even if the project creator delivers working products in a reasonable time frame, there’s no guarantee that it will be around to support the product long enough to honor any warranty, or that a competitor will not come out with something that does what its product does better at half the price. Given the extended gestation of many crowdfunded devices, that’s a genuine possibility. Now, the odds of many of these things happening are very low. But so are many of the risks detailed in S-1s. And both kinds do occur. Indeed, many, if not all, of these scenarios have occurred with products in their early days and certainly happened with Syre and Jorno . All project owners should not be painted with the cavalier brush. All project owners should not be painted with the cavalier brush. Here are some good risks articulated by the developers of the impressive Dash earbuds that have raised more than a million dollars and pack a completely wireless MP3 player and fitness aid into a set of headphones: “Due to the incredible small size of The Dash, we use miniature components. For some of these we only have a single supplier. Even though we have a close dialog with our suppliers, we are not in control of their actions. Every component is highly integrated into and optimized within the design, and an unforeseen component alteration can delay our launch. As Kickstarter continues to contemplate the best way to protect consumers, it should require that these kinds of real risk factors be disclosed universally. “The Dash has a complex Bluetooth setup that we have tested vigorously in our labs. We might encounter real life applications, where we cannot guarantee for the quality of operations. We will continue to improve our software throughout the launch to improve functionality.” The bottom line is that making a hardware product to be delivered on a mass scale is extremely difficult and even the most experienced and resourceful companies in the world occasionally fail in attempting it. As Kickstarter continues to contemplate the best way to protect consumers, it should require that these kinds of real risk factors be disclosed universally. And if the project creators won’t do it, it should be stated on the campaign page or pledge page or both. In the meantime, by all means we should continue to back the projects that we believe in. But like anyone giving money to a cause — be it a venture capitalist funding a startup or a pedestrian sizing up a street beggar — understand the risks, analyze the authenticity and accept that your investment may be squandered. Ross Rubin is principal analyst at Reticle Research , a technology, media and telecom advisory firm, and founder of Backerjack , which covers crowdfunded product innovation. He blogs at Techspressive . Filed under: Misc Comments

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Switched On: Understanding crowdfunding’s caveats, part 2

Rearview mirrors aren’t always as useful as you might like — bright headlights, weather or a basketball team in the back seats can make it tough to see what’s behind you. None of those should be a problem once Nissan’s new Smart rearview mirror reaches cars, though. The peripheral blends a traditional mirror with both an LCD and a rear camera that compensates for bad lighting. Flick a switch and the camera system takes over, giving you a clear view of traffic no matter the road conditions. The smart mirror will first show up in the ZEOD RC Le Mans racer, and Nissan plans to make it an option for everyday cars starting with Japan this spring. Drivers worldwide will get it in 2015. That’s just the start of the automaker’s plans, however. Since the smart mirror is as effective as a large rear window, Nissan expects the technology to influence car design; you may see more aerodynamic vehicles now that there’s less need for glass. Filed under: Transportation Comments Via: SlashGear Source: Nissan

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Nissan’s camera-equipped rearview mirror provides a clear view in low light