TL;DR it's bad.
With errata, this card is now playable. For the cost of 4, you get a for installing things for each NEXT ice in play. So let's say it's the dream and you have 2 other NEXT ice in play when the runner facechecks this. You gained ! #ValueTown
But if you're installing more ice, you're paying the costs of installing - which in this example is probably 3-4 more. The best value is probably installing lots of assets or upgrades.
Also, you're only installing stuff from hand. I think you need to build your deck around it so you have a high number of installables (AAL instead of IPO, for example). And if this is on R&D and I'm the runner about to make lots of Equivocation runs, I'll just let it fire every time. You'll get some free installs but you'll run out of cards in hand.
I think the comparison here is Architect, which gives you the same numbers but for a sentry (usually more expensive to break), lets you draw a card from your deck and install it, gives you info about whats on top of your deck, and gives you the option of installing something from archives. Plus it can't be trashed.
This needed some tweaks, either waving install costs, letting you install from archives (Crick costs 1), or being half the cost to rez. :-/
The sad thing is the NEXT suite of ice will be dragged down in power level until like 2021 when this thing rotates out.