Last month I sat down with my old pal Jay Adelson (Digg, Revision 3, Equinix, SimpleGeo) who together with his partner Andy Smith is raising a new fund focused on the Internet of Things. Our goal was to get caught up – I’d tell him about my plans for NewCo, and they’d update me on Center Electric, the fund’s new name.
Along the way Jay shared with me this graphic, which I thought worthy of sharing here. What I like about it is how Jay and Andy think about the Internet of Things holistically – most of us focus only on the things, but take the Internet for granted. But it’s worth remembering that objects only become magical when they are connected in some way, and data flows to and from them meaningfully.
(image) This past week saw a significant increase in society’s willingness to have a deeper conversation about what it means to Become Data. The Supreme Court heard arguments in a case that may well supplant the Betamax case in import. And the FCC stepped in it, big time, while pals at O’Reilly opinined for a world where the Internet of Things remains open and transparent. Not to mention, my own ramblings on what it means to truly disappear, and why Google does what it does. To the links….
This week we thought about the data in our homes, connecting the Internet of Things, and what’s next for the openness of the internet. As always, if you want to keep up with what we’re reading/thinking about on a weekly basis, the best way is to subscribe to the “else” feed, either as an email newsletter or through RSS. And tweet us links!
Today comes the news that Google is buying Nest, a move that, upon reflection, should have been obvious (the price tag of more than $3 billion, not so obvious!). If the company is truly executing its mission of helping us organize the world’s information and make it available, it makes sense to have a major play in the Internet of Things, in particular, those things that consumers view as extremely valuable. Nest, a company that has rethought the previously unsexy world of home control devices, is a perfect platform for launching computing devices that feed on valuable data, and tie seamlessly to Google’s other platforms, like Android, Nexus, Search/Knowledge, and more.
My first thought upon hearing this news was of Apple – if ever there was an Apple-like company, it’s Nest. Founded by an ex-Apple employee, Nest devices do for thermostats and smoke alarms what the Mac did for PCs – made them relevant and far more valuable. And Nest was in essence a design driven company – just like Apple. But it’s a sign of how sprawling Google’s ambitions are when compared to Apple, which I can’t imagine ever getting into home control systems, much less autonomous cars or robotics.
Google is proving itself willing to make huge bets in markets it believes will become drivers of tomorrow’s data ecosystem. Draped in that light, Nest seems an inevitable move. So what might be next? To answer that question, start with those things we view as super-valuable, but are not yet widely lit with computable information. Clothing? Cars? Healthcare? Food?! Well…why not?
Between OpenCo, the Quantified Self conference, and our visit to Google, it was a busy week for the book. From around the web: drones get the critical treatment, sensors develop new capabilities, the internet of things gets more connected, and our twitter streams start speaking for themselves.
As always, if you want to keep up with what we’re reading/thinking about on a weekly basis, the best way is to subscribe to the “else” feed, either as an email newsletter or through RSS.
This week: Gartner’s latest hype cycle addresses the relationship between humans and machines, moral panics about our attention and time resurface, UPS optimizes drop offs around the happiness of drivers, Bitcoin’s regulatory environment gets messy, and data brokers take steps towards improved consumer transparency. As always, if you want to keep up with what we’re reading/thinking about on a weekly basis, the best way is to subscribe to the “else” feed, either as an email newsletter or through RSS.
The world needs more open platforms. The term is loaded, but it’s worth unpacking. To me, an open platform is a consistent opportunity space where anyone – without prior permission – can attempt to create value, and the market gets to vote on that attempt.