Picos are a good fit for applications that have a relatively small amount of state for each entity, and that perform relatively quick computations, relatively infrequently.
Web applications fit that profile. From time to time, someone requests information about the state of an entity. That state is expressed as a web page, and that doesn't take a lot of time to compute.
Every so often, an event occurs that is of interest to the entity, and the pico reacts to that event by changing its state, which also doesn't require a lot of compute time.
Sometimes, though, we'll want the entity's pico to spontaneously wake up and do something. This is where scheduled events come into play.