Showing posts with label IoT economic bubble debate. Show all posts
Showing posts with label IoT economic bubble debate. Show all posts

November 16, 2014

The Future of Jobs: Perspectives of a Young Adult




""If my bathroom scale tells my smartphone how much I weigh, that is handy, but hardly life-changing. There are tremendous upsides of networked devices for special-purpose roles, but in my humble opinion, not for benefiting everyday life in a revolutionary way," Karl Fogel, partner at Open Tech Strategies and president at QuestionCopyright.org, said"

"The Internet of Things will demand -- and we will give willingly -- our souls," Peter R. Jacoby, a college professor, wrote."


Per the definition of an economic bubble, bubbles are often created as a result of a universally held belief about an asset's value. This Relates directly to the IoT (Internet of Things)

    I think that both of the above ideas provide a distinct opposition of views. The question is begged, and should be discussed, as to what processes and expectations, goals even, should be debated openly.

   To draw and define extremes will help color in the gray area. I can imagine one camp, the optimists, seeing this as a chance to invest because they see the IoT as a catalyst for technological change. The pessimists imagine a world run by slave-driving AI.

    I ultimately believe in the symbiosis of genetic vs organic. Of course there will always be extreme camps; however, working together to acquire resources and creatively adapt.

    When you have Robots are replacing Security Guards, and machines replacing McDonalds' employees there is case to worry about the working class.