[cenal]

Valuations are out of whack. They are smarter to sit back and let the unsustainable ventures die out and then invest in the viable ones after things level out.

I mean, even a touch screen toaster that costs $1,500 got invested in. Who is going to pay $1500 for a touch screen toaster? http://www.juneoven.com

[sjg007]

It will sell. It's just the beginning of the IoT revolution.

[audleman]

I took a look and it is very nice, but $1500 for a toaster oven? Holy shit no.

[wott]

Eh, it is otherwise the same as a $50 oven but this one also burns money!

It takes a 2.5 GHz quad core CPU to produce an awesomely accurate imitation of an analogue iron bell "Ting!", what did you think?

[Symbiote]

I've never seen a countertop oven, except as a "feature" of an expensive microwave. As I understand it, results for baking especially would be poor, as the oven has less air mass and less heat capacity.

(At least, that's the reason my mum gave for not using the feature on her fancy microwave. She used to be a professional cook.)

[saalweachter]

Wait, really? Never one of these? http://www.amazon.com/Better-Chef-Toaster-Broiler--Stainless...

Besides the price, the low thermal mass is a selling point -- throw a couple chocolate chip cookies in there and you don't heat up the entire house in the middle of summer just for a fresh baked treat.

[Symbiote]

I forgot to say I've lived mostly in the UK. A quick search shows a couple of models are available, but that's a tiny selection compared to most appliances, and they're being sold at a very low budget shop.

Britain doesn't really have snack food like America. I've never thought to warm up a cookie, and without air conditioning I doubt I'd want a warm snack in the summer. Ice cream!

Though thinking about it, the most common thing to serve during the day as a snack is cake. There's a decent variety here (remove "vegan" and anything that says "salted"): http://www.jamieoliver.com/recipes/category/dishtype/cakes-t...

(Or, perhaps with smaller houses on average people don't want to use up the space for one, and wealthier people with space don't want to heat up processed foods.)

Most British people own a toaster. Do Americans? https://en.m.wikipedia.org/wiki/Toaster

[beambot]

We already have Pantelligent (smart, IoT pan)... Which is bloody brilliant! Or at least, it's helped a shitty cook like me learn some skills.

Not everything in IoT is bad...