HB Blog

Insights from the leadership at HB on technology and culture

The Life-Changing Power of Internet of Things

on November 14, 2014

A recent article in the Top Tech News, discussed how Internet of Things will transform lives in days to come. Internet of Things (IoT) is an all-pervasive technology that has the power to not only impact businesses but also to change our personal lives beyond imagination. The article gives an interesting glimpse into what our lives will look like as we integrate IoT.

A recent article in the Top Tech News, discussed how Internet of Things will transform lives in days to come. Internet of Things (IoT) is an all-pervasive technology that has the power to not only impact businesses but also to change our personal lives beyond imagination. The article gives an interesting glimpse into what our lives will look like as we integrate IoT.

University of Colorado law professor Scott Peppet, and long-time researcher of IoT says:

“[IoT] promises to transform daily life, making it easier to work, travel, shop, and stay healthy. Thanks to billions of connected devices -- from smart toothbrushes and thermostats to commercial drones and robotic companions for the elderly -- it also will end up gathering vast amounts of data [about] relevant Products/Services that could provide insights about our sexual habits, religious beliefs, political leanings and other highly personal aspects of our lives.”

Not only that, these devices can help improve public health by connecting patients with doctors, reduce risks of road accidents by automatically braking vehicles to avoid crashes, or even multiply food supplies by assisting farmers in looking after their crops and promptly notifying authorities about natural calamities.

However, all that data spilled out by interconnected devices is also a matter of concern. Many researchers, legal authorities, government officials, and consumer advocates warn that the information collected by these devices could be used against us. When we operate without a concern for security for instance, IoT could kill our credit score, invite hackers, or even give spy agencies access to critical information that could be used to negative ends.   

With smart devices making their way in the market, IoT is becoming a reality. San Francisco-based company Lively has sensors that alert other members of the family when an older member forgets his/her medicine. Nest thermostats from Google in Mountain View, auto-adjust the room temperature by learning the users’ preferences.  Those are just two examples of how IoT is already integrating and becoming a mainstream technology.

Just as with any technology, IoT has both positives and negatives associated with its use. The question about how we can leverage the power of this technology to its fullest benefit is yet to be answered.

Are you concerned about the growth of IoT and its integration? We want to hear from you.