Lots of Dissenters

Technology Industry Trend

Here’s an interesting thought: what if we’re wrong about the internet of things actually being a big thing? It’s certainly possible, and although the industry is boom there are also many hurdles that it will need to overcome to achieve its projected 15 trillion dollar market capitalization. According to one study, executives are split over whether or not industry will take off like it is projected to do. Some executives seem to think the barriers to entry are too great, while others simply think that humans won’t find utility in the internet of things. The second notion is more interesting to me. All new tech trends have barriers to entry that can end them, but the hype cycle is something that has taken priority over our collective consciousness. Is the internet of things happening just because industry executives want it to? It’s a skeptical way to look at it, but while researching smart objects for this blog I have found myself thinking on numerous occasions that some of these startups simply don’t need to exist. There are some wonderful products being made, but this article does have me wondering if we’re experience the dotcom bubble 2.0. The underlying principle that will determine the movement’s success is how much utility a device being connected with the internet can truly provide a person.

 

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