From the Zigbee Alliance blog:

When we set out in December 2019 to create a unifying standard for the smart home industry, there was naturally a lot of excitement — and of course, questions. Would this global consortium truly be able to bring this new standard to market? How long would it take? What products would actually emerge? Would we be able to pull off our promise to unify a fragmented industry under a single connectivity standard that would help companies focus on creating experiences over “plumbing”?

Eight months later, we are indeed executing on that vision as our progress has garnered global recognition and strength in membership, participants and technology. We are on track to deliver a draft specification by late 2020, and continue to drive towards our goal of releasing the standard in 2021.

I’ll be skeptical that companies like Nest and Ring ever fully adopt these standards but I’m hopeful. The fact that the Connected Home Over IP initiative made it past the introductory blog post is progress, I suppose. In an ideal world you can buy most any of the standard light bulb, thermostat, speaker or sensor products out there and get some functionality out of the box.