Great that Google is making their data more portable. However, they really need to ensure that the assets they deliver from the cloud contains the metadata – otherwise they are selling you short.
One of the great advantages of cloud computing is that your assets are immediately accessible on whatever device you have. More assets and more opportunity to use them, share them and link them to other data. Friend’s can tag images or link them to related blog posts, videos, etc.
An analogy I can relate to is to consider iTunes as being the ‘cloud’ with music files being added to the cloud. The iTunes cloud processes the music metadata and relates to other songs allowing you to create playlists. All great except when I have to re-install iTunes when I move my music collection.
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