Wednesday morning I woke up and learned that an exciting new innovation was coming out of Silicon Valley, courtesy of a pair of ex-Google employees.
Dubbed Bodega, like the corner stores that are everywhere in New York City, it鈥檚 a simple concept.
It鈥檚 a box, full of non-perishable products. And passerby can purchase those products and take them out of the box.
Yes. I know.
I have just described a vending machine.
Vending machines have been ubiquitous for more than 130 years. In Japan, there are more than five million vending machines. They sell the ordinary items 鈥� pop, coffee, cigarettes, but also sake and beer, and even bulk rice, pantyhose, floral arrangements, umbrellas, and even fish bait.
So what makes the Bodega a technological and business innovation? Well, cameras inside the Bodega box register what鈥檚 removed and automatically charge you through the app you use to unlock the box.
So to sum up:
1) It is exactly as convenient as a vending machine, which can already take cash, credit cards, debit, and, y鈥檏now, coins.
2) It is less useful than a real vending machine, some of which are refrigerated.
3) Its creators believe that it will somehow displace actual bodegas and corner stores.
Like the Juicero (a $400 machine that squeezed bags of expensive juice, but only if it was connected to the internet!) I feel the Bodega is likely to fail.
It鈥檚 also an example of how hype overwhelms reason in tech.
Business mavens of the electronic world have, perhaps, run out of low-hanging fruit when it comes to phones and computing and search.
Now they鈥檙e trying to replace real-world businesses, and finding that it鈥檚 a lot harder to come up with a new idea. From Pets.com to Uber to Juicero, we鈥檙e getting a long list of ideas that simply don鈥檛 work better just because you add the internet as a magical ingredient.
I鈥檓 just wondering how many years it will take Silicon Valley to figure this out.
