I thought it was fair to compare the oracle to the cleric, since both are dedicated divine spellcasters, so I think it is fair to compare the psychic to the bard, since both are dedicated occult casters (and both are occult).
In this case, the psychic is so much worse. The psychic has a far worse chassis (6 hit points and shabby proficiencies) and 1 less spell per day per level compared to a bard, and the psychic's amps are on the mediocre side. This is an underwhelming class. It has some cool ideas and I liked the psychic for 1e but seriously it needs at least three spells per day or a big boost to their unique cantrips.
Also the psychic's perception doesn't scale. Is that an oversight?