2023 in review: This year's technological fiascos, according to MIT Technology Review

As we bid farewell to 2023, it's time to reflect on the highs and lows of the year in the world of business and technology. While there were many groundbreaking innovations that pushed the boundaries of what's possible, there were also some notable failures that serve as cautionary tales. MIT Technology Review, known for its insightful analysis, presents a compilation of the worst technological innovations of 2023.

Titan submersible's tragic descent

One of the most heartbreaking incidents of the year unfolded 3,500 meters beneath the ocean's surface. The Titan submersible, a radical design by aerospace engineer Stockton Rush, imploded while attempting to explore the wreck of the Titanic. Rush's disregard for warnings about the sub's safety led to the tragic deaths of five individuals, including tourists and a Titanic expert. This disaster underscores the perilous consequences when innovation outpaces reality.

Lab-grown meat: More hype than substance
 

The idea of lab-grown meat as a humane alternative to traditional farming gained momentum, but companies like Upside Foods faced scrutiny. Despite raising over half a billion dollars and showcasing impressive bioreactors, it was revealed that the company was struggling to produce meat at scale. Instead of using the promised technology, they resorted to manual labor and smaller containers. Questions about the economic viability and sustainability of lab-grown meat persist, even with FDA approval.

Cruise Robotaxi's reversal of fortune
 

Cruise, GM's self-driving taxi division, suffered a major setback in 2023. Despite touting the advantages of robotaxis—no fatigue, no alcohol, no distractions—Cruise faced significant issues with its sensor-laden Chevy Bolts. Mishaps, including an incident where a pedestrian was dragged for 20 feet, led to the California Department of Motor Vehicles suspending GM's robotaxi service, citing an "unreasonable risk to public safety." Cruise, now reviewing safety measures, has laid off staff and seeks to regain public trust.

Humane Ai Pin: A bold Sci-Fi bet that falls short

Silicon Valley's attempt to move beyond smartphones with the Ai Pin faced criticism. Developed by startup Humane Ai, the $699 plastic badge aimed to reduce phone addiction but received mixed reviews. Users found it awkward and impractical, questioning its wearable design. Despite the involvement of former Apple executives and substantial funding, the Ai Pin struggled to compete with the allure of traditional screens.

Social media superconductor: Hyped, but not real
 

Reports of a room-temperature superconductor, LK-99, spread like wildfire on social media. However, excitement turned to disappointment as real physicists failed to replicate the results. The substance, heralded as a game-changer, was revealed to be far from a true superconductor. The incident highlighted the dangers of relying on social media for scientific breakthroughs.

Rogue geoengineering: Balancing innovation and responsibility
 

The controversial concept of solar geoengineering faced a setback when Mexico banned geoengineering trials by Make Sunsets. The startup aimed to commercialise efforts to cool the planet by releasing reflective materials into the atmosphere. However, critics argued that such actions violate the rights of communities and could lead to unintended consequences. Balancing innovation with responsibility remains a challenge in the pursuit of climate solutions.

As we reflect on these technological missteps, it serves as a reminder that innovation must be grounded in reality and ethical considerations. The lessons learned in 2023 will undoubtedly shape the future landscape of technology and business.