Just happened upon this Old post from 12-8-98...Philip had a pretty good vision on the future of this technology.
From: pgl53 Date: Tue Dec 8, 1998 1:44 pm
The point here is that the software for speech recognition has failed theis past year, part due to poor performance of these programs, and part due to overestimation of the market ( PC ) for them in the first place. The conclusion is correct, that the future will lie in embedded products, whether it'll be lhspf, or fonix, or TI or LU etc is not clear today. Fonix altered their business plan a year or so ago to supplant the idea of a shrink wrap software product, in this they were correct. This strategic decision led them to the tactical issue of immediate refinancing of their company to pursue their 'suite of human/computer interaction products.' This has been costly, led to dilution and erosion of share holder value; however, to have proceeded otherwise would have been to guarantee failure. Additionally, it it now apparent that the HMM approach will not make it. The future will require some sort of embedded and compressed approach, probably employing extreme compression which fonix has. The role for NN technology will expand greatly in the next year.Where will fonix end up in this, that will depend upon their marketing and the effects of the financing. However, to dismiss speech technology as a commodity misses the picture entirely. It will be a commodity as with apple/talk which isn't used and with IBM and Phillips technology and lhspf all of which are failing in the market place due to their ineffectiveness and poor quality. Whatever company gets it to really work, will have added value, not commodity value. |