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There's an unfortunate conflict of interest going on. IOT developers have a strong incentive to create a "platform" that evolves around a database of users and

There's an unfortunate conflict of interest going on. IOT developers have a strong incentive to create a "platform" that evolves around a database of users and their data because if they don't have that, some copycat will appear in no time and take their market. However, for the consumer this means that if the company dies they effectively loose their device.

maxerickson 9y ago
That's a pretty weak conflict of interest. I guess it is more a poor alignment of interests, which could be described as a bad business to try getting into. (in a strong conflict of interest they wouldn't find a way to make an initial transaction) I think for things like sleep tracking the real problem is that people don't care about it in the large numbers required to lose money on the devices and make it up in the spying.
TeMPOraL 9y ago
This is not "conflict of interest", this is their very business model. The device is only a bait to take your data and/or sell you a service. This business model is why I avoid IoT startups and actively discourage people from buying their stuff. Until IoT becomes "Intranet of Things", most of those devices are best considered as scams.