The internet has virtually improved every way of life. Although it is a relatively new thing, many people have embraced the internet including older adults. With the advent of smartphones, the internet is a click away for smartphone users. Statistics indicate that over 77% of Americans own a smartphone. Smartphone users can access the internet “on the go” unlike in the in the early 2000s when the internet could be accessed through personal computers. Also, apart from smartphones, there many other devices including gaming consoles, smart homes, smart electronics, and smart appliances that can connect Americans to the internet. All devices that are capable of connecting to the web and consequently to other internet users around the globe are referred to as the Internet of Things (IoT). Jason Hope, a forward-thinking entrepreneur with vast knowledge in tech, explores how IoT has impacted our daily lives.
Hope believes that with the numerous devices that can access the internet, Wi-Fi services and the broadband internet have become more accessible at reasonable prices. He notes that just a few years ago, only men of means could use the internet; the price tags on Wi-Fi services and broadband services discouraged ordinary Americans from accessing the internet. However, IoT plummeted the price one has to pay to access the web.
So, how does IOT affects our daily lives? Hope identifies over seven ways that IoT come into play in our daily lives without most people noticing. For example, Hope observes that alarm clock, morning commute, health monitoring, traffic jams, wearable fitness devices, and smart baby monitors among other important aspects of modern life depend on IoT.
Millennials and other Americans who are health conscious have adopted the use of wearable fitness devices that have access to the internet. According to Hope, these devices incessantly push us towards achieving our health goals.
Jason highlights how smartphones assist Americans to monitor traffic situation. Just before leaving work, many Americans use their smartphones to access the internet and examine traffic issues such as accidents, roadworks, and traffic delays among other pertinent matters. Hope stresses that it is possible to monitor traffic conditions as a result of technology and the interconnectedness of the internet to traffic issues.
Jason also uses smart baby monitors to illustrate how IoT is impacting parents. A few years ago, one would need to tiptoe into a child’s room to check on them. Surprisingly, a parent would wake up a baby. However, the problem was sorted out with the advent of video monitors installed in a child’s room that can be accessed from anywhere.
What is the future of IoT? Hope affirms that the future technological advances depend on our creativity. The more creative we become we technology, the more it can be made useful in our lives. For more info about us: https://www.crunchbase.com/person/jason-hope#/entity click here.
Jason Hope is a man of many talents. He is a futurist, an entrepreneur, an investor, and a philanthropist. He attended Arizona State University for his undergraduate studies and later joined ASU’s W.P. Carey School of Business for his MBA. Hope is based in Arizona.
Jason Hope is one of Arizona’s most prolific entrepreneurs. After having founded Jawa, one of the first premium content mobile streaming services, Hope has gone on to lead a superlative career, founding dozens of highly successful startups. This has given him a certain cachet among tech aficionados. When Hope speaks about all things internet, the world listens.
Recently, Hope has stepped aside from his busy schedule running his internet empire and has begun writing and blogging for a series of tech outlets on the coming technologies that will be encompassed in the Internet of Things. Hope believes that the Internet of Things will be one of the greatest opportunities for entrepreneurial innovation that has ever existed. Hope sees the Internet of Things as ushering in a new era in internet technology and technology in general, perhaps rivaling the Industrial Revolution itself and transformative capacity.
Hope says that the technologies that will become commonplace will radically transform the way in which everyday Americans live their lives. Things like automatic shopping will become commonplace, with automated delivery systems capable of not only delivering groceries directly to the homes of people who order them but also of automatically filling the orders in the stores themselves.
Although some people may see this as being far-fetched, Hope is quick to remind people that these technologies already exist. Today, most technologies that facilitate automated order fulfillment, such as the advanced robotics seen in Amazon order fulfillment centers throughout the country, are prohibitively expensive for smaller businesses, only being able to be afforded by the largest and most well-heeled companies. However, he says that these technologies, like all computerized devices, will follow an exponential decay model in their pricing. Hope claims that this is a direct result of Moore’s law, the idea that computing power doubles roughly every two and a half years. Hope says that, when more first formulated his law, in the late 1960s, almost nobody believed that it would be possible to sustain such rates of exponential growth in the ability of computers to process information. However, Hope notes that Moore’s law has held almost perfectly right up to the present, with computing speeds having retroactively doubled roughly every two and a half years.
Hope also says that automated shopping is just a tiny slice of the radical transformations that will take place due to the Internet of Things. Hope believes that these coming technologies will produce efficiencies and cost-savings that will make almost all prior technologies seem like child’s play. For more info about us: http://jasonhope.com/grants/ click here.
Hope says that young entrepreneurs looking to make their fortunes should do everything they can to learn all they can about the technologies encompassed in the Internet of Things.