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Old Jan 17, 2014 | 06:48 PM
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From: Frequently frozen MN
Nest products

Nest makes a couple of 'internet of things ' products. Most famous is the thermostat, which you can adjust from your smartphone. (woo woo)

But, it's most famous feature is that it tries to analyze your lifestyle, and sets the temps to fit.

I can't see it, I don't want my gadgets 'deciding' what my pattern is. I imagine that if you change a setting on any given day, it will return to previous the next day -- until you change it enough times for it to accept that you mean it!

Back to that internet connection -- just read an article that says that 25% of recent (mid December to mid Jan) botnet hacks involved devices. Mostly routers and smart tvs -- but they got a refrigerator too!

They didn't change the devices as such -- but they did convince them to send out tons of spam.

Given all of that, why did Google drop 3.8 BILLION dollars to acquire Nest? Their thermostat GROSS is something like 300 million (net 30 mill?), so there isn't any fantastic payback from existing products

It would seem that they have big plans for the 'internet of things' , and they believe that Nest can get them there I guess. Between the Goog's fascination with acquiring every kind of data and the hackers, I'll pass.

Comments?

hj
 
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Old Jan 17, 2014 | 07:50 PM
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http://bbc.co.uk/news/technology-25780908

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