That said, I'm still pretty skeptical about the grandiose claims about the number of words a child hearing per day and IQ. I strongly suspect that hearing large numbers of words before the age of 4 is not causing increases in intelligence. My guess is that it's just a strong correlate to a bunch of harder to measure factors.
Still, the fact that I wouldn't be buying this at the cost of my privacy makes me way more likely to get this thing. Whenever I'm learning a language, I do wonder about how long it takes to hear most of the words you need to get along in daily life, and how often you hear them. Even if it doesn't give you any kind of list (shamefully I still haven't looked at the details), it'd be interesting to just know the raw number.
So I'm guessing they have some algorithm that can identify breaks between words and count based on that.