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A comment on Nest's economics don't work. Why IoT devices should be sold as services.

Re:Nest's economics don't work. Why IoT devices should be so... by raybb on Wednesday November 02, 2016 @07:53PM (#12860450)
If Nest moved to a subscription model how do you propose they handle people who stop paying? Do they cut off remote access and write off the cost of the product as a loss?
[ Parent | on HN ]
Re:Nest's economics don't work. Why IoT devices should be so... by Someone on Wednesday November 02, 2016 @08:51PM (#12860734)
They could follow the model of phone companies: they only 'give' you a phone if you sign up for a x year contract, may let you pay some sum up front, and cut off your use if you stop paying.
[ Parent | on HN ]
Re:Nest's economics don't work. Why IoT devices should be so... by 464192002d7fe1c on Wednesday November 02, 2016 @10:36PM (#12861200)
Just cut off access entirely. No pay? No heat/AC.

Nest should do this across their whole product line.

For Dropcam, No pay? We're gonna put your house up as a live feed for others to watch.

Including Nest protect.

No pay? No smoke/CO alarm for you.

[ Parent | on HN ]