While a lot of behavioral change will come with the Internet of Things, some people are attempting to cause a bit of that change right away.
In a push to help shoppers save money, a company has created a programmable handbag with built-in robotics that causes the bag to vibrate, flash and self-lock when the shopper enters a ‘danger spending zone.’
The iBag2 (yes, there was an earlier version, which launched in Australia a while back), is the brainchild of the personal finance website finder.com in the U.K.
The rather high-tech bag was designed by a New York fashion designer and a team of engineers crafted the robotics features.
In the you-can’t-make-this-stuff-up department, here are the components that comprise the bag:
The idea is for the bag to help consumers take extreme measures to curb their credit card spending.
Consumers may find some of the IoT behavioral changes they face a bit shocking. Literally.
The bag follows an earlier attempt to curb consumer spending by sending an electric shock through a wrist wearable when the IoT bank detects overspending by the consumer.
That device, rather appropriately called Pavlock, first sends a smartphone message when a consumer nears a pre-set spending limit.
When they go over it, they get a zap to the wrist.
Both of these well-intentioned sounding approaches are aimed at saving consumers money.
In the case of the bag, a buyer might hope they save quite a lot over time, since the bag will reportedly cost about $5,000.