I’m convinced that city building – like probably every other industry – is going to get a lot more data driven. Yesterday I wrote about how driverless cars are collecting exact replicas of our cities as a result of the 3D scanning that they do. And today I learned about an interesting new startup called Placemeter.
Basically it works like this: If you have a window (at home, at the office, or wherever) that faces onto a lively street, Placemeter will pay you to setup a smartphone in that window as a “meter.” The going rate is up to $50 per month and they’ll even provide you with the necessary suction cups.
Through video, your phone will then start collecting anonymous data about that street’s activity levels: the number of people, cars, and so on. Below is a video of what that output looks like. Notice that it’s even collecting the number of people that go into each of the stores. Click here if you can’t see the video below.
//player.vimeo.com/video/69091237
To make money, Placemeter plans to sell (or is already selling) this data. And their goal is to “make your city better” by specifically improving the way that pedestrian spaces are designed. There are of course lots of other use cases for data like this (such as seeing how busy that bar is across town), but their primary goal appears to be around city building. At least that’s the case right now.
Not surprisingly, there are concerns about privacy. But I’m sure they’ll be able to work around that. All of the data they collect is anonymous and they don’t save any of the footage that they receive from the meters. Their system just extracts the relevant data points and then automatically deletes the video.
What’s also interesting to me about this startup, though, is that it’s yet another example of decentralized value creation. Just like Airbnb empowered anyone with a spare room to run their own bed and breakfast and YouTube empowered anyone with some talent (or a funny cat) to create engaging content, Placemeter is allowing anyone with a window and a view to connect and contribute to a network of urban sensors.
And it works because the marginal cost of adding a new meter to their network is relatively low. Especially if you compare it to what it might cost for a municipality to setup and manage a similar – albeit centralized – system. It’s a totally different cost structure. So when we talk about smart cities and data driven city building, we’re really talking about networks and an environment of decentralized inputs.
It’s a pattern that keeps coming up as a result of the internet. If you start watching for it, I’m sure you’ll see it.
Image: Flickr
Jevon MacDonald of StartupNorth published an interesting article today called, You are supposed to break the rules. It talks about entrepreneurship and how great companies are built by disregarding the way things are done today.
And I think it’s for that reason that many stupid sounding ideas (think Airbnb and its initial idea of offering air mattresses) actually turn out to be great ideas. In reality, they weren’t stupid ideas. They just contravened the norm, and that made them sound stupid. It made people feel uncomfortable. And as humans, we tend to have a bias towards things that reinforce our existing view of the world.
In any case, Jevon talks about some of the “big rules” that are being broken today. His list includes:
You can’t dispatch drivers without doing X
Cars can only be sold through dealerships
You can’t expose the MLS to the public, freely.
Hotels are just rooms, but there are a lot of other rooms travellers should be able to rent. Many cities are fighting that.
But really he’s talking about Uber, Tesla, and Airbnb. They are the startups breaking those rules. However, that’s old news for most of us. What’s more interesting are the following two takeaways.
The first is his prediction that startups are going to start running into more and more regulatory hurdles. In other words, we’re going to see more, not less, litigation. And I think he’s right. As technology starts to creep into other industries (like it has with the taxi industry, the car industry, and the hospitality industry), we’ll probably see a lot of incumbents fighting to hold on.
The second interesting takeaway for me was that out of his list of “big rules”, the real estate industry (i.e. the MLS) is the only one that doesn’t have a formidable disruptor attached to it. Which makes me wonder: Is something like Opendoor.com inevitable?
I’ve been following Airbnb pretty much since the beginning. The company has always fascinated me because I saw it as being less about technology and more about travel, hospitality, community and, in my view, real estate.
An office building is just a set of spaces that get rented out on long term leases. A hotel building is just a set of spaces that get rented out on short term leases (one night at a time). And Airbnb spaces are simply extra or “found spaces” – such as an extra bedroom – that could never really be rented out at any sort of scale before. But then Airbnb came along, built a community around it, and empowered everybody to make money off that found, extra space. I think that’s pretty neat.
Well today, Airbnb unveiled an entirely new logo, brand, and expression. It’s all about belonging, and their new logo is called the Bélo. Here’s a quick video that they call “the story of the symbol of belonging”. If you can’t see it below, click here.
[youtube https://www.youtube.com/watch?v=7Hs0C2UvVBY?rel=0]
What’s interesting about this new expression is that it’s a perfect example of Simon Sinek’s belief that people don’t buy what you do, they buy why you do it. And in this case, Airbnb’s why is community, trust, belonging, and a sense of place. Talk about emotive.
In both the above video and in CEO Brian Chesky’s blog post today, reference is made to our cities and towns, and the fact that as they continue to get larger, we’re also becoming increasingly more disconnected. Things have gotten impersonal. But Airbnb is bringing back that sense of belonging.
On a less emotive level, what it also does is set Airbnb up for expansion.
Chesky has said before that the company wants to own the entire travel experience – from the moment you leave your home to the moment you return. So presumably a big impetus behind the rebrand was to develop something that could become ubiquitous across a number of different products and services. Which is why it makes perfect sense that they would encourage people to design their own versions of the logo.
So while the rebrand has received a lot of criticism today – some people say it looks like a vagina – I wouldn’t discount it just yet. There are bigger plans in store.