Covid-19 is awful, but this is the second smart device company that's shown its hand: the internet of things isn't free to run, and now that the VC money has vanished, we're finally seeing that

May 7, 2020 · 2:44 AM UTC

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Replying to @internetofshit
100% predictable. Every time a Valley idiot °pivots° or « disrupts° they’re wasting private money that would be better used in the public sector. Not that you have a public sector in the states.
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Replying to @internetofshit
Y'know what, if there is any upside to the current economic climate, it might be that some of these tech startups actually learn the hard way that if your product is shitty, and your business model isn't profitable, then if the VC money dries up, so do you
Replying to @internetofshit
wow this is garbage. stallman was right
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Replying to @internetofshit
Only because they “require” a central “cloud service”. Which is generally pointless, I guess they were wanting some of that sweet data sales money.
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Replying to @internetofshit
Also explains why wink is on owner #3 (will.i.am’s i.am+ co)
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Replying to @internetofshit
What shits me, though, is that home automation IoT *should be free to run*, because it *should be peer to peer*. It is intentionally designed not to be.
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