Showing posts with label internet of things. Show all posts
Showing posts with label internet of things. Show all posts

Wednesday, October 21, 2015

Infographics: The Internet of Things and Our Mobile Future, Lessons from the Matrix

The internet of things will likely be one of the major technological advances from the information age that will have significant influence in the shaping of the future. 

The Visual Capitalist writes
By the time you finish reading this infographic, there will be 3,810 new devices connected to the Internet of Things.

That’s because there are 328 million devices being connected to the internet each month. It’s also why researchers estimate that there are going to be 50 billion devices connected by 2020.

In fact, the future looks very different as we adopt to these technological trends. Already, 71% of Americans using wearable technology claim that it has improved their overall health and fitness. Imagine what will happen with more immersive analytics, a preventative mindset, more metrics of useful health functions, and integration into the health system.

The connected lifestyle means that there could be 500 devices in each home connected to the web by 2022. Every lightbulb, lock, thermostat, appliance, and item with an electronic circuit could be networked together, finding synergy. As strange as it may seem, by 2020 researchers even expect 100 million lightbulbs and lamps to be connected to this grid.

Entertainment and convenience are driving the “smart home” concept, which is expected to be worth $56 billion in 2018. However, there is also the benefit of creating a more energy efficient world. It’s already expected that street lamps could save energy costs up to 80%, so why can’t that be the case in the home as well? Self-adjusting thermostats, lights, and appliances will increase the efficiency of homes to make a big impact on net efficiency.
Internet of things should be something to look forward to.

But as tools, they can be use for productive or non-productive activities. By non-productive, this can even enhance the government's repression of the public. The internet of things may even pave way for the realization of omnipresent surveillance society ala George Orwell's 1984.

John Whitehead of the Rutherford Institute analogizes the internet of things with the trilogy movie the Matrix:
Make no mistake: the Internet of Things is just Big Brother in a more appealing disguise.

Even so, I’m not suggesting we all become Luddites. However, we need to be aware of how quickly a helpful device that makes our lives easier can become a harmful weapon that enslaves us.

This was the underlying lesson of The Matrix, the Wachowski brothers’ futuristic thriller about human beings enslaved by autonomous technological beings that call the shots. As Morpheus, one of the characters in The Matrix, explains:

The Matrix is everywhere. It is all around us. Even now, in this very room. You can see it when you look out your window or when you turn on your television. You can feel it when you go to work… when you go to church… when you pay your taxes. It is the world that has been pulled over your eyes to blind you from the truth.

“What truth?” asks Neo.

Morpheus leans in closer to Neo: “That you are a slave, Neo. Like everyone else you were born into bondage. Born into a prison that you cannot smell or taste or touch. A prison for your mind.”
Courtesy of: Visual Capitalist

Saturday, July 20, 2013

From Smartphones to the Internet of Things

The team at Lux Research foresees a transition from Smartphones to the Internet of things: (hat tip Lux’s founder/Forbes contributor Josh Wolfe) [bold original]

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“Smartphones plateau and decline.” It could be the title of a scary summer shark flick for the electronics industry, but it’s a reality that a mounting body of evidence supports: handset sales, profits, app downloads, and even innovation itself are flatlining, hitting financials at Samsung and Apple (which both now spend more on patent litigation than R&D) while RIM, HTC, and Nokia struggle to survive at all. In the same process that desktops, notebooks, feature phones, PDAs, and every other information appliance in history has passed through, smartphones are poised to peak and then plummet between now and 2016, leaving electronics industry execs scrambling for the safety – the next big thing
So what are the next big things?

-Wearables includes Smart watches and glasses

-The Internet of Things (IOT) which comprises Low-cost computing, communications, and sensors

-Industrial IOT such as Smart buildings, water management and more

-The Lux team calls the “blue ocean strategy” the biggest promise of all. This is the networking things in motion. The things that move – from smart-textile garments and self-driving cars to robots and satellites

Read the rest here

The information age will continue to pave way for radical advances in creative destruction, disruptive- innovation technologies that will reconfigure people’s lifestyles, and thus the economic environment. For investors, these represent as profit opportunities to ponder at.