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piratesAndSons | 8 days ago
There are two enemies. Chinese manufacturers who will dump a cheaper alternative the second you find success. With FDA and trials gates, they are out. The second is LLM guys who sit in the middle vulture state. They are ok with violating every law, every established norm except industries that are more powerful than them: healthcare and banking.
By forcing them to invest at minimum $200k-250k per product, they will be a lot more hesitant. It is easier to violate some poor author's copyright, but in this case each time they try to compete with you they have to jump this high gate.
I am not saying this is easy money. There are established corps already looking to expand their business, but $10M-15M won't move the needle for them, and for those it does, you can compete.
mionhe|6 days ago
The reason people don't switch to medical devices is because even a fairly simple device without software or electronics can still take between $750k and $1.2M to develop and clear the FDA. Adding software is a cost & time multiplier.