People who grew up during the 1980s can probably remember the popular television show known as Knight Rider. The Knight Rider show followed a car known as KITT that had been designed to be artificially intelligent and to assist its driver with complex missions. KITT could talk and was able to be autonomous. While many people at the time probably probably thought that talking cars were just the figment of a sci fi writer’s imagination current developments in the world of technology have proven that talking cars are a reality. These days drivers are able to drive smart cars that are connected to smart assistants such as SIRI or Google assistant and that can “talk” back to a driver when it is asked questions about the location of a store or the time a movie will be showing at a local theater.
The Internet of Things will likely enable many things that people probably previously thought would only be possible in a George Lucas movie or in a science fiction novel. Companies are producing shoes that can tell the person that has worn them how long they ran that day and how much time it took for them to complete that distance. There are watches that can not only tell the time but can also tell the person wearing them how they can get from their office to a restaurant that is 20 minutes away from them. While the possibilities that the Internet of Things holds for consumer products are exciting the possibilities that the Internet of Things holds for businesses are just as exciting. According to futurist and entrepreneur Jason Hope of Arizona the Internet of Things holds the possibility of enhancing economic development in a real way.
he internet of things is about more than talking cars but about the development of a nascent industry that is going to guide the way the way that technology industry grows in the near future. According to Jason Hope the size of the market related to Internet of Things is slated to grow exponentially. One of the hallmarks of doing business in the world of technology is having the foresight to enter into an industry early. The technology companies that have been able to succeed in recent history are companies that were able to see an opportunity in the marketplace and take advantage of it before anyone else did. Jason Hope has noted in his writings on the Internet of Things that there are many companies who are taking advantage of the promise that the economy around the Internet of Things holds. Some of these companies include Jasper Technologies which has been working on technologies to support the Internet of Things for many years and Cisco which invested more than a billion dollars in Jasper Technologies.
Jason Hope Info: www.linkedin.com/in/jasonrhope