A lot of those cons are advantages for at least one target market, the elderly. It's much better for them if the device can't move and can't install new software.
The screen is too small for the elderly. You're not going to get much information on there if you have to show large text, assuming that's even possible.
I think the idea is in the ballpark but the form factor is not ideal. The screen should be much bigger so notes can be left for others - maybe from scribbles rather than voice - and calendars and shopping lists can be seen from across the room.
This looks like someone at Apple took a recent Alexa and said "We should do one of those" instead of something more adventurous.
Fair but I also know plenty of people who give their elderly folks their old iPads. If you fit all the important apps on the home screen and tweak a couple things, I can't imagine the UX could be any more complex than for this device. Mobility and screen size is even more important for the elderly. They don't want to stand in their kitchen staring down at a little computer to talk to their grandchild on a tiny screen.
And finally, when they do have issues and ask you questions: now it's questions about an unfamiliar device you may not own yourself!
Old iPad still seems optimal for this demographic.
Yup. And a real market: "hip" kids buying such a device for their parents.
Every 65+ person I know has one of those alexa-speaker things. Nobody I know under 65 has one. I wonder if there's just some generational expectation for a fixed household object, like phones and televisions were for people in the twentieth century.