This device is a novelty. However, the time of folding it is somewhat similar to the manual folding of clothes. We still have to feed the machine one clothing at a time.
There wont be any value for money if you have to feed each item of clothing into the FoldiMate. The Laundroid, on the other hand, is very effective but expensive too (a machine using AI will not be cheap by any estimation).
The Laundroid caught my eye but I was really baffled by its cost ($16,000). Why would anyone spend all that money on single machine? If I had the option of buying it, I would wait for the much talked-about drop in price.