Nest’s economics don’t work
Daniel Conrad
11417

Very interesting take on the Nest’s model, and I like how it evoked a conversation below. I am somehow agreeing with @IamStillATechie that profit and $ at this point is not what Nest is after, especially with the backing of financial giant behind it. Looking at how Google (or pretty much all the tech industry and IoT) are going about it, any device in itself is not meant to sustain itself financially right now, but to become part of an ecosystem that allows for best user experiences, in which by time, consumers and users will be happy to pay for since the value has been established.

In all cases, thanks for the good read and sharing this piece.