Who's watching when you're not home?

Point can understand what is going on in your home by using the combined force of machine learning, sound and environmental sensors. No cameras. It seems like its proactively detecting and collecting data from your home around the clock. This device can detect when no ones home and notify you of intrusions, loud noise, sudden temperature changes and smoke. It can even send messages to your neighbors and ask them to run by and check if everything is okay!

Its features a smooth design, WiFi connectivity and compatibility with IFTTT which allows you to set up multiple alarms and trigger reactions based on events discovered.

I have to credit the designers on a sleek design that goes the extra mile at a moderate price, but I cant help to think of the dangers of uploading heaps of data on your activity to a database. Is the risk worth it in the end?