The document discusses persistent compute objects (picos) that form personal clouds. Picos are online computers that represent entities, store data, respond to events, run applications, and connect to other picos through event channels and APIs. They are part of a technology stack and form decentralized, networked personal clouds for individuals. Picos support a new programming model and ease modeling applications. Challenges for personal clouds include identity, trust, schemas, performance, features, and security. The author invites developers to join the Fuse platform for building applications for personal clouds.