Soli looks very interesting. There is Smarter Objects from MIT Fluid Interfaces that is similar in nature, but has a more dynamic approach. It's certainly not as simple as Soli seems because of the augmented-reality component it uses. But if Google brings back Glass and ships Soli in IoT/smart household objects, then you'd have the same result.

--EDIT-- Link to MIT Fluid Interfaces Smart Objects: http://fluid.media.mit.edu/projects/smarter-objects