This. If other people asked you whether you can start a project or not, and you reply using "wife" as an excuse, accept it for what it is. An excuse.
I had met entrepreneur types that replied either yes or no, straight forward and no detour replies.
I would like to upvote that comment many times. The price point for the deposit is important, why is this so hard to understand?
The reason it failed is because of this simple use case:
You want to return it just after you arrived, and it is still raining outside (this is why you rent an umbrella in the first place). If you wait for the sky to be clear to go out, you won't remember the umbrella. But if it is raining again when you go out, why would you want to return the umbrella???
I have a hunch that these kind of news had been circulated before, officials threw a few sacrificial lambs in to reach the quota, then the headlines fade slowly into background.
But developers and engineers should take the matter into their own hands and don't just bury their head in the sand and let the 'business' people decides their benefits and compensations.
It would serve them better if they can treat themselves as product and services providers in a free market. Band together and unite! Don't stab each other in the back for meager bones being thrown at you.
This is similar to how we moved away from depending wholly on newspapers, TV etc (old media monopolies) to Google, Youtube, Facebook (new media monopolies). Even though we can reach more audiences than ever before, 99% of it are being controlled by the Big Five.
From what I heard in Malaysia's Intel sites, IoT are used as reasons to open new departments or new turfs for some second class managers. No wonder it is missing the mark in what it is doing.