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Five facts about the Internet of Things
View Transcriptarrowbecause of the Internet of Things more
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electronic devices are being connected
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to the Internet and they're talking to
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each other behind your back
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welcome to watchmojo.com and how it's
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becoming a major part of our lives in
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ways you probably didn't know live in
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the now number five the Internet of
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Things is already in effect the Internet
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of Things is an emerging technology
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where machines are embedded with sensors
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that allow them to relay data to each
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other with little to no human
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involvement basically it means all sorts
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of everyday items are connected to the
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Internet which could potentially
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transform the way we live one of the
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earliest examples of this concept
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actually goes back to the early 1970s
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when the first ATMs went online some
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items you may already own which
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incorporate the Internet of Things
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include the Apple watch fitbit's and
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smart home appliances like refrigerators
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many other items are in the midst of
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getting the Internet of Things treatment
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like cars and streets which could work
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together to facilitate the flow of
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rush-hour traffic number four big
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businesses are already investing
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billions into the concept in 2008 there
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were officially more devices connected
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to the Internet than there were human
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beings and by 2020 that number is
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expected to go up to 50 billion
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according to Cisco tech companies see a
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promising future in the Internet of
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Things claiming that it will make
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businesses more efficient in a recent
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report GE predicted that the IOT will
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add as much as fifteen trillion dollars
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to the global GDP in the next twenty
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years and according to projections by
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Business Insider these products will
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outperform the tablet PC and phone
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market combined for the time being
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the largest market will be smart home
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technology such as thermostats made by
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nest a company Google bought for 3.2
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billion dollars according to bi
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intelligence the IOT market is estimated
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to be worth four hundred ninety billion
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dollars by 2019 but this remains
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speculative it is possible that
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consumers will by and large failed to
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see any value in having all their
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possessions networked and those
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projections will prove grossly overblown
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it's got a computer chip in it
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everything does
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number three the internet-of-things
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could save lives while the IOT will no
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doubt make tech giant's much richer it
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might also benefit the rest of us IOT
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technology could completely
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revolutionize patient care as well as
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improve communication between doctors
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and their patients for example at the
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University of Tokyo researchers have
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created an electricity conducting ink
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that can be printed onto clothing and
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used to measure heart rate or muscle
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contractions so people can easily
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monitor their own vital signs IOT
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technology can also help in emergency
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situations if someone has a heart attack
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or stroke relevant data from the
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patient's medical history can be sent to
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the doctor before the ambulance takes
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the patient to the hospital giving
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physicians a few more crucial minutes to
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figure out the best treatment possible
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number two Wi-Fi developments will make
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the Internet of Things work better
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scientists and engineers from the
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University of Washington have invented a
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new Wi-Fi system that transmits Wi-Fi
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using ten thousand times less power than
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current gen routers this could allow for
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very low powered sensors to be placed in
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just about anything
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another system power over Wi-Fi or Poe
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Wi-Fi for short allows enabled devices
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to convert Wi-Fi signal itself into DC
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current yes soon new devices could be
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powered by Wi-Fi if engineers could
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bring these or other technologies
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together devices and appliances could be
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interconnected and continue to run on an
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energy loop powered by that same Wi-Fi
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and this will only make the Internet of
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Things more efficient accessible and
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convenient for us
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number one the internet-of-things could
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come with security problems we're
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sweeping every wirelessly accessible
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camera on the planet cell phones laptops
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if it's connected to a satellite its
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eyes and ears for us though the IOT
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looks like it offers countless benefits
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there are also some potential security
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issues for one it gives companies more
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opportunities to invade our privacy for
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example the Indian firms silver push has
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technology that can track you across
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multiple platforms and devices by
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embedding tiny sounds into websites or
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television programs that while inaudible
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to us can be detected by our devices and
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that data can be fed back to silver bush
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that can't be true honey if it were I'd
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be terrified according to a study by
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hewlett-packard 70% of IOT enabled
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devices can potentially be hacked kind
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of makes you wary of products like
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Logitech Smart remotes or the Amazon -
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button doesn't it the fear as unlikely
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as it may seem to some is that we
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inadvertently end up in a surveillance
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state where companies watch over us like
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Big Brother so what do you think will
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the Internet of Things improve our lives
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or lead to a bleak dystopian future
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Oh for more interconnected top tens and
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sure to subscribe to watchmojo.com well
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look at the wonders of the computer age
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now wonders Lisa or blunders I think
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that was implied by what I said