Limitless vs Everpaper: honest 2026 comparison

TL;DR: Limitless (formerly Rewind AI) was acquired by Meta on December 5, 2025, and is winding down: the Pendant is no longer sold, desktop and web recording are disabled, and existing customers get the Unlimited plan free with support only "throughout 2026." Everpaper is our product, a private, on-device daybook for macOS in private beta. If you're a Limitless customer planning your exit, this page is written for you.

Quick verdict

Choose Limitless if…

• You already own a Pendant and want to keep using it until support ends in 2026; the Unlimited plan is now free for you
• You want hands-free, always-on capture of in-person conversations via wearable hardware, a form factor no pure-software tool matches
• You're on iOS or Android and need mobile capture, which Everpaper doesn't offer
• You're comfortable with Meta holding your recordings after accepting the updated privacy terms

Choose Everpaper if…

• You want capture, transcription, search, and storage on your Mac, with plain-Markdown export for the archive.
• You need meeting minutes, a day journal, and a second brain in one place, on-device
• You're on an Apple Silicon Mac running macOS 14.2 or later

At a glance

Bias declared, once: Everpaper is our product. We started building it after Rewind, Limitless's earlier self, proved the category and then walked away from its on-device pitch. Read the Everpaper claims below with that in mind, and check them against the privacy documentation.

How we compared

We compared the two products on the axes that actually decide this matchup in 2026: company longevity (will the product exist next year?) and data architecture (where do your words end up?). Then the practical criteria: capture model, transcription, AI features, platforms, price.

Every Limitless claim below comes from its official site and FAQ, its privacy page, its Help Center, or TechCrunch's acquisition reporting, all checked 2026-08-04. Every Everpaper claim traces to the shipped docs. Claims that couldn't be confirmed were omitted.

Head-to-head

Company trajectory: who owns your memory next year

Verdict: Everpaper, and it's not close.

Limitless is the direct continuation of Rewind AI: same company, same founders (Dan Siroker and Brett Bejcek), same corporate entity since 2020. The chain reads: Rewind AI (2020) → Pendant announced late 2023 → rebrand to Limitless in April 2024 → Meta acquisition announced December 5, 2025 (TechCrunch).

Post-acquisition, per the official FAQ at limitless.ai (checked 2026-08-04): the Pendant stopped selling the day the deal was announced; the Rewind Mac app, Limitless Desktop App, and Limitless Web App all had recording disabled; users in the EU, UK, Brazil, China, Israel, South Korea, and Turkey were cut off on December 5, 2025, with their data deleted after December 19, two weeks' notice. Existing customers keep access to past recordings "throughout 2026" and must accept updated privacy terms tied to Meta. The team now works on Meta's "personal superintelligence" and AI wearables, per the CEO's letter.

Everpaper is also a private beta, which carries its own longevity risk. The practical difference is the archive: Everpaper stores it on your disk and exports the journal to plain Markdown, so the captured record doesn't depend on a vendor-hosted account remaining available.

Where the data lives: cloud vs on-device

Verdict: Everpaper. Limitless was always a cloud product, which matters more now that the cloud is Meta's.

Limitless's own privacy page (checked 2026-08-04) describes the architecture plainly: "We protect your data with industry-standard encryption (TLS) in transit and securely store it using Hardware Security Modules (HSM) and advanced encryption protocols." And: "Your full recordings stay in your account until you delete them or close your account." Audio retention was configurable (a day, a week, a month, a year, or forever) but the recordings lived in Limitless's cloud either way. There was no on-device processing option; all transcription and AI ran server-side.

That's a real irony. This is the same company that built Rewind on an on-device privacy pitch, then moved to the cloud for Limitless, and then to Meta's terms of service. To its credit, Limitless had granular controls: a data export tool, deletion, and that configurable retention. Everpaper's model is stricter by design rather than by setting: capture, OCR, transcription, storage, the knowledge graph, and search all run on your Mac. There is no account. AI features (Ask the Book, meeting Ask, the Reflection, the day narrative) wait until you configure a provider, and the provider can be fully local (Ollama, LM Studio, oMLX, Apple Foundation Models). The docs phrase it as "no provider, no traffic." A redaction pass scrubs API keys, tokens, card numbers, and the like at capture time and again before any outbound AI call.

Capture model: wearable hardware vs Mac software

Verdict: Limitless wins this one outright, past tense. The Pendant did something Everpaper can't.

The Pendant clipped on and recorded in-person conversations throughout the day, syncing over Bluetooth to the phone app. No pure-software tool matches that form factor. If your life is hallway conversations, site visits, and dinners, a wearable mic captures what a laptop never hears. Limitless's terms also took consent seriously on paper: users were "required to proactively provide notice and seek consent from everyone they record."

Everpaper captures what your Mac captures. The Day Journal takes periodic screenshots of the front window (default every 2 minutes) with on-device OCR and an AI-written day narrative. The Minutes records meetings (it recognizes Zoom, Google Meet, Teams, Webex, Around, and Whereby links) with mic and system audio as separate time-aligned tracks, started with ⇧⌘M or via Calendar Auto-Start. No bot joins the call, which Limitless's desktop apps also managed pre-shutdown. But if the conversation happens away from your Mac, Everpaper wasn't there. Limitless, while it lived, was.

Transcription and AI quality

Verdict: historically competitive; today it's a sunset product versus an active one.

Limitless's public materials reviewed for this comparison didn't name its transcription engine. Reviews split hard: some reported near-perfect English accuracy with strong multi-speaker handling in quiet settings; others called it "either really good or really bad," with failures on children's speech, imperfect speakers, and accuracy dropping to roughly 85% in noisy environments.

Everpaper transcribes on the Neural Engine with Parakeet (parakeet-tdt-0.6b-v3) as the default engine, with Whisper and MOSS (transcription and diarization in one model, Apache 2.0, ~2 GB) as alternatives. Speaker-labeled live transcripts, Hide my voice / Hide any speaker (⌘4), and post-meeting prompt templates ship in the beta. Everpaper's capture works offline, but its AI features (summaries, Ask, the day narrative) wait for a provider you configure. Limitless's remaining service is cloud-based and available only to existing customers.

Use cases

Stay with Limitless (while it lasts) if… you own a Pendant, your past recordings live there, and you want to ride out 2026 on the free Unlimited plan while you export. Use the official data export tool now, not in December.

Switch to Everpaper if… your Limitless use was meetings and day capture on a Mac, and the Meta acquisition is what pushed you to look. The on-device model means the next acquisition headline can't touch your archive.

Look at neither if… you need mobile or Windows capture today. Limitless's mobile apps live on borrowed time and Everpaper has no mobile or web version at all. The Limitless alternatives roundup covers the wider field.

Import path: if you have old transcripts from Limitless, Zoom, Teams, or Otter, Everpaper's Import Transcript feature (v1.11.0) takes .vtt files and turns them into real meetings in your archive, no audio needed.

Honest pros and cons

Limitless

Pros:

• The Pendant's always-on wearable capture was genuinely unmatched; no software replicates it
• Existing customers pay nothing through 2026; Unlimited is free post-acquisition
• Granular data controls: export, deletion, configurable audio retention

Cons:

• Dead product walking: hardware unsold, desktop/web recording disabled, support committed only "throughout 2026"
• Cloud-only architecture: recordings stored in Limitless's cloud, now under Meta's privacy terms
• EU/UK and five other countries cut off with two weeks' notice, data deleted after Dec 19, 2025
• Transcription quality inconsistent per reviewers; beta-quality API with timeouts reported
• Reviewers reported roughly 8–10 hours of real-world Pendant battery life and heavy drain on the paired iPhone

Everpaper

Pros:

• On-device end to end: capture, transcription, storage, search never need a network; no account anywhere
• Local archive with plain-Markdown, GraphML, and Mermaid export
• Bot-free meeting capture with separate mic/system tracks and speaker hiding
• Day Journal, Minutes, and Second Brain in one app, searchable via Index (⌘K) and Ask the Book (⇧⌘A)

Cons:

• macOS 14.2+ only, Apple Silicon only. No Intel, no iOS, no Windows, no web
• Private beta with limited spots
• No wearable; in-person conversations away from your Mac go uncaptured
• AI features wait for a provider you configure; Second Brain has a readiness gate (5 days, 300 frames, 60 distinct things, 3 recurring threads)

Pricing

Limitless (checked 2026-08-04): nothing is purchasable. The Pendant stopped selling December 5, 2025, and the pricing anchors were removed from the homepage. Existing customers get the Unlimited plan for $0 with support "throughout 2026." A 12-month total for a new customer is moot because there is no new-customer offer.

Everpaper: in private beta with limited spots, with a founding-license option for early supporters — not a monthly subscription. No public price is available. Transcription runs on the user's hardware and has no published minute meter.

FAQ

Is Limitless shutting down?

Yes, in stages. Meta's acquisition was announced December 5, 2025; the Pendant stopped selling that day; desktop and web app recording was disabled; and the official FAQ commits to supporting existing customers "throughout 2026." Existing customers keep access to past recordings through 2026 and get the Unlimited plan for $0. The official pages reviewed do not publish a post-2026 product roadmap.

Did Meta buy Limitless?

Yes. Meta acquired Limitless (the company formerly known as Rewind AI) in a deal announced December 5, 2025, reported by TechCrunch. The stated rationale was Meta's "personal superintelligence" and AI wearables vision; the Limitless team, including CEO Dan Siroker, joined Meta. Users must accept updated privacy terms tied to Meta to keep using the service.

What happens to my Limitless recordings?

Per the official FAQ and privacy page (checked 2026-08-04): your full recordings stay in your account until you delete them or close your account, and past recordings remain accessible through 2026. Users in the EU, UK, Brazil, China, Israel, South Korea, and Turkey were cut off December 5, 2025, with data deleted after December 19, 2025. Limitless provides an official data export tool; if you're a customer, use it sooner rather than later.

Is there an on-device alternative to Limitless?

Everpaper keeps capture, transcription (Parakeet/Whisper/MOSS on the Neural Engine), storage, and search entirely on your Mac. No account, no cloud, no provider traffic until you configure one. The honest gap: Everpaper is macOS-only software with no wearable and no mobile app, so it replaces Limitless's meeting and desktop capture, not the Pendant's in-person wearable recording. The best Rewind alternatives in 2026 covers the same company's earlier product and its successors.

Can I import my Limitless transcripts into Everpaper?

Yes, if you can get them as .vtt. Everpaper's Import Transcript feature (release 1.11.0) imports .vtt files (from Zoom, Teams, Otter, or any compatible export) as real meetings in your archive, with no audio needed. Use Limitless's official export tool first, then import locally.

Final recommendation

This comparison has an unusual shape: one product is now available only to existing customers. The Pendant was a real achievement, and if you own one, use the $0 Unlimited wind-down through 2026 while you export your archive. Limitless is no longer sold to new customers.

For what Limitless's desktop side did (capturing meetings and days without a bot), Everpaper is the on-device successor with one structural difference that outlasts any feature list: your archive lives on your disk, in formats you can read without us, owned by no one else's acquisition strategy. The trade-offs are real: Mac only, Apple Silicon only, private beta, no wearable, and AI features that wait for a provider you choose. If those constraints fit your life, that's the whole pitch.

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Everpaper is in private beta with limited spots: on-device meeting minutes, a day journal, and a second brain, all kept on your Mac. Join the waitlist at everpaper.app, or read the docs on privacy and meetings first.