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Wristband Gives You An Electric Shock When You Overspend (softpedia.com)
An anonymous reader writes: "Intelligent Environments, the company that brought us emoji passwords, has launched another original product, a banking platform integrated with IoT devices working on the classic 'If This, Then That' principle," writes Softpedia. "Called Interact IoT, the platform will allow developers to create smart products that interact with your bank account. Intelligent Environments launched the platform yesterday with two integrations, one for the Pavlok wristband and one for Google's Nest thermostat." Bank account owners can set a threshold for their account, which if they go under they'll receive an electric shock from their Pavlok wristband or Interact IoT will turn down their Nest thermostat to save money. More integrations are under work. Which ones would you like to see? "Both Pavlok and Nest Thermostat are opt-in services, so customers can decide whether to switch them on or not," said David Webber, Managing Director at Intelligent Environments. "However, with the Pavlok integration users have told us they love it. They think it's much better to get a little shock now, instead of a nasty one later."
It gives you the "empty purse" experience if you are about to overspend.
Well, that's one wristband you better remember to take off before you go on a date...
Include shock treatments for eating too many Doritos, watching too much pr0n, and not showering regularly.
You haven't moved for an hour ZZAAPP!!!
From the second linked article (the softpedia one):
When the user overspends, the Interact IoT platform will automatically turn down his Nest thermostat a few degrees in order to save money. Research has proven that turning down your heating by three degrees can help someone save $370 per month.
$370/month? Either A: Where the fuck are you living, or B: What the fuck are you living in when you can save that much per month by lowing the temp by 3 degrees?
Sweet saucy ball cakes, I thought my heating bill was high!
How much is the wristband?
These inventors must not be married.
I come here for the love
"Both Pavlok and Nest Thermostat are opt-in services, so customers can decide whether to switch them on or not," said David Webber, Managing Director at Intelligent Environments.
I should frickin' hope so.
If it weren't for deadlines, nothing would be late.
works better and doesn't require 24/7 data connection
Does the wristband give you a shock when you buy this?
does it shock you as soon as it's first put on because you spent $200 on a shitty gimmick that won't work?
Anons need not reply. Questions end with a question mark.
Yeah just let me give this internet thingie access to my bank details so it can read my bank account balance. I mean, what could possibly go wrong.
Seven puppies were harmed during the making of this post.
... the by then ruling AI will make humans wear at all times to prevent disobedience. Test result successful when the group of buyers is large enough to prevent in-breeding effects when spawning all required servants from that group's gene pool.
I am considering starting a petition for a 220v@10A model. Dumb enough to buy this and configure it for a shock? Let them win a Darwin award!
In fact, advertise that buyers can win a Darwin award and I'll bet we an sell exponentially more of them!
-The wise argue that there are few absolutes, the fool argues that there are no probabilities.
"No... I just have no self-control and need to be literally trained like a dog."
I can't wait until somebody develops an app for Android that lets me hack into these things and shock people remotely. Bought that pack of gum? Overspent!
Unless we've gotten a lot more masochistic, they won't have too many takers.
Dance, Mailman, Dance
-- Carla
$200 bet on employers making these things mandatory for their employees.
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Pavlok was just on Shark Tank, got reamed by the Sharks. They were quoting studies about their product but were they weren't their studies and weren't about their product at all. It ended up with none of the sharks buying into the company, them being called scam artists and the Pavlok guy getting called an assh*@# and told to get out.
Why allow this promotional BS? The product hasn't had any studies done, no tests on harmful side effects of long term use. The device isn't even for sell yet, it is all just pre-order BS. So you can't trust any reviews that are out for it.
create smart products that interact with your bank account.
Just nope. The havoc that these outfits could wreak with read-only access to my bank account simply boggles the mind.
Have gnu, will travel.
The death penalty for my ex-wife!
I've got a debit card and have a repeating transfer set up at my bank to transfer a set amount each month into the account connected to the debit card.
Then I get a friendly reminder if I try to overspend: the card transaction is denied.
If I really want to buy it anyway, I just fire off an SMS to my bank to transfer a bit more and retry within seconds.
I don't have a lot of expenses so once a month is enough to keep the amount low, to limit the risk in case something happens to my card.
I need 4 for my wife, one for each limb, when can I expect them?
I'll save $200 just for not buying this thing and get to use it for something else instead. Time to spend some money!
Buzzfeed adds some truth to there advertising with a new gimmick?
Inheritance is the sincerest form of nepotism.
Give bankers and politicians the wrist band - would need to be a high powered version
And could I set it to go off if the wearer walked into a casino?
I mean, really?
I don't think this would work out so well if the are into electrostimulation of the erotic sort. Another whole meaning of "Pay to play".