The Internet of Things (IoT) is still in its early stages of development. Just like technology, it is expected to significantly improve over the next few years. Analysts have tried to predict what the future of IoT holds, and how the connections of things may affect us. Being a futurist, Jason Hope deeply looks at these predictions, and comes up with the ones he thinks will certainly come to pass.
– IoT won’t looks as it does today. Hope gives the instance of out browsers. Comparing the first ever browser to the ones we are currently using, one will surely notice a huge difference. They don’t look alike in any way. This is exactly how IoT is expected to turn out. The platform will have a totally new face as different approaches that are each unique, keep bombarding the market.
– The true value that comes with the technology will be realized. As at now, IoT is just a fancy phrase for upcoming technology. The value of IoT has started manifesting itself in areas such as smart refrigeration. Kroger uses smart refrigerators to store its goods. With this, they have been able to greatly save on electricity by almost 15 percent.
– IoT is going to revolutionize driving. Reckless driving will become a thing of the past. With vehicles being connected, one will comfortably be able to send messages on his phone as the vehicle controls itself. Another advantage is that car sharing will be made possible in major urban areas, presenting a platform to reduce the number of vehicles on the road. By 2020, 20% of vehicles are expected to be connected.
– People will increasingly become conversant with IoT, and the effect will be that it will become a norm, and the hype about it will reduce. Taking for instance, when the World Wide Web was launched, it took a few years for people to stop saying “I am visiting the world wide web”. This will apply to IoT.
About Jason Hope
The young entrepreneur, Jason Hope from Arizona has established himself as not only a futurist, but also as a philanthropist, and investor. He is based in Scottsdale, Arizona, a place he has spent almost his entire life in. He went to Arizona State University, where he graduated with a degree in finance. Jason Hope later went on to acquire an MBA, and also study in Carey School of Business.
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