[Video] Fortune recently held a discussion with Magic Leap founders; are they actually a big scam in making?

I am really interested & passionate about VR/AR/MR but frankly Magic Leap seem to be scamming. They can speak about 'secret lab' & 'developers under NDA' but can't show a fool proof demo. If you think about it everything they have shown can be created using graphics rendered outside the system.

I know Wired has done a great piece, also Google has invested in them. But still looks like vapour ware unless they show something credible.

They compare themselves with Apple, but Apple don't do such teases unless they have something solid. Seems like a lot of hype. What do you think?