The internet of things (IoT) has been a major point of discussion among professionals in the tech industry. Though the term has been around for a while now many people still don’t what IoT is. IoT, in short, sums up the interconnectivity of devices and people. Many entrepreneurs and futurists have been keeping a close eye on tech developments involving IoT. One such individual is Jason Hope. There are few individuals as excited about IoT as Jason Hope. As a futurist Jason is always promoting innovation. In fact, he often invests in trendsetting tech startups.
In this year alone Jason Hope has predicted ways that IoT could continue to play out. For Instance, he believes as IoT becomes more commonplace artificial intelligence will begin to play a vital role. Advancing AI programs will become a priority for companies as the large network of connected devices continues to grow.
Enhancing security will be very important as more and more data is transferred between devices. One way to combat the new risks the internet of things presents is by using blockchain technology. Though the tech is most commonly linked to cryptocurrencies it can definitely make it harder for hackers to exploit transferred data.
Jason Hope also believes industrial technologies will be improved. Machines will become a lot more safe as machines will have the ability to retain knowledge like never before. Companies will also turn a bigger profit as machines will be more efficient due to AI and voice recognition. A worker will no longer have to read and study a manual so they can learn to operate a specific machine with multiple settings. Instead they’ll just ask the AI which is the best for a certain task.
Though there is a chance Jason Hope’s predictions won’t come true I wouldn’t bet against him. As a success forward thinking businessman he’s usually right about these things.
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