That was what struck me about the article. He saw problem after problem with existing technology. But rather than trying to fix the problems, he just threw up his hands and said "this is obviously impossible".
Meanwhile, a long list of now-billionaires saw the same problems and decided to address them.
That internet of things thing is promising, but imho no one has yet identified which problems the people really want to solve.
Ultra-cheap wifi/sensors/little_but_not_too_much_cpu/extensible modules are yet to come, what will happen when 4-5$ modules will be available?
I have had similar ideas for a long time, ever since I was passed the possession of the (defunct) skivsamling.nu. One idea, as a motivator, is for insurance purposes.
I can see a lot of applications, but for it to take off it has to be fun to do it.
Also, do you have an idea of how to identify each object?
as in, an internet of fridges and door locks and cars? good god, the viruses... let's put off the internet of objects until we have a web browser that isn't exploited every other month.