There's a lot of good ideas in this design. For one, parents need a hands free way to carry their child. Secondly, having the baby covered gives them the swaddling effect that naturally calms them. Those two things together should make the perfect baby carrier. Unfortunately the baby needs a hole to breath out of which creates this Aliens movie chestburster effect. Your baby better be cute if you're going to wear this thing. If you've got an ugly baby people might actually think you're being ripped apart from the inside by it.
Can you imagine a baby so ugly that people actually think that? How ugly would it have to be? It's in the eyebrows, I think. Most ugly babies are ugly in the eyebrows mostly. Search ugly babies and you'll see what I mean.