In this Tech Talk, Mark Rickert, speaks about myriad consequences for all of the emerging Internet of Things. Eventually, the Internet of Things will improve the quality of life, but either Artificial Intelligence or hoards of programmers will have to create what Mark calls Predictive Algorithms.
Highlights from Mark's talk:
• Constant Monitoring – If everything has a sensor, then everything is gathering data and watching you 24/7. Who’s looking at all this information and do you have access to it?
• Massive Amounts of Computing Power – For every piece of data gathered, there needs to be a place to store it. Eventually, big decisions in life and business will be made with all this gathered data and big computers will be needed to crunch it.
• Data Privacy – Will you be allowed to keep your private data private, and who will determine what data is private and what’s not?
• Reliance on IoT in Every Day Life – Like a Government program, once the IoT gets started, there won’t be any way to pull the plug on it. It will always be. Is it even something that we want, or is its existence inevitable?
• Device Adoption – Few people see the need to buy a smart device like a Nest Thermostat or a Lockitron. The convenience doesn’t warrant the expense to most.
• Artificial Intelligence – It is incredibly difficult and has never been done. For the IoT to work perfectly, a true AI would be needed.
• Armies of Programmers - If no AI, we would need armies of programmers creating all the algorithms to make the IoT work.
• Humans - If Humans are involved in the process, fail-safes will need to be put in place so that everything works.
• Computer Processing Power - Processing all the data takes time, if its not crunched in a timely manner, its all useless.