Self Driving Cars to dominate roads by 2030

Just saw this from LinkedIn. Kevin Ashton, the man who invented the expression ‘Internet of Things,’ foresees that by 2030, self-driving cars will be the norm.

Self driving cars being the norm in 15 years is not so surprising given that self driving cars from Tesla, Google, and Apple are already testing their own prototypes. In an FT article, Tesla has promised self-driving cars by 2018, Nissan has promised self-driving cars by 2020. Traditional car companies like Toyota, Volvo, and Continental also have experimented with self driving cars. Not to mention a bunch of startups like Auro Robotics, and countless more. Given the nature of competition in a free, open and technology-driven market, it is quite conceivable that self driving cars will be the norm in 15 years.

Its not flying cars, but it will do. For now.

(Btdubs, who is this Kevin Ashton and why have I not heard of him before?)

Harvard Business Review on IOT: Its all about personal augmentation

HBR claims that "they seeing a more human-centric category of IoT activity starting to emerge. It’s less about automation and more about personal augmentation; less about individual devices and more about “living services” that let people program and connect smart devices however they want."

That actually makes sense to me. IOT cant just be about making things faster and repetitive. It has to make life meaningful and enjoyable as well

The HBR article is here

Apple Watch is taking preorders!

The wait is over. Apple is taking preorders for the watch.

Personally, I wont be buying the 1st generation watch. It's not me. I will wait for version 2.0

Why? Well, looking at how huge the change was between the first iPhone, iPod and iPad and the second generation, I feel like it is not a good value to be on the cutting edge. The potential for the iWatch is huge but the practical uses for it and the software and features that will come out from the use cases that will result from the first gen watch will not really surface until 2.0


It is still a great stock to own though.

New words: The "Application-specific IOT" and "Industry-specific IOT"

As I try to learn more about IOT for my own edumacation, I sometimes stumble upon online articles that impart critical knowledge that I cant help but share. This, below, is one of them.

I am linking to an interesting article about the difference between The "Application-specific IOT"  e.g. wearables, the type of IOT that the majority of Americans know and are excited about and "Industry-specific IOT", which is something else that companies within the same industry will pursue.

Quoting the article:

How will IoT fans, pundits and especially company CEOs betting their company business on IoT explain the disparity between the vision and the reality? We are already witnessing the introduction of new “classes” of IoT such as the “industrial IoT”. I expect that we will witness the emergence of “application-specific IoT” and “industry-specific IoT”, which, in so many ways, will not be that different from the many M2M technology implementations that address narrowly defined yet no less valuable business opportunities such as the solutions implemented, for example, by Axeda at Diebold, EMC, GE Healthcare, and Philips Healthcare.

To read more about the Wisdom of Devices and the evolution of the IoT go to Joe Barkai's discussion on General IoT vs. Application-Specific IoT

is Apple Watch making the Swiss nervous?

Italicized excerpt below from Switzerland vs. Apple Watch  Read more by clicking the link

Crowd source vs specialization

Apple has a secret weapon that Swiss watch manufacturers don’t: An incredibly talented community of developers who will take the platform that Apple gives them and design applications for it that will give the Apple Watch capabilities that Apple never even thought of. We saw this with the iPhone, we saw this with the iPad: Apps matter and Apple is smart enough to know that its developer community is one of its most valuable players.

Mass appeal vs elitism for the same price

Apple has another big weapon at its disposal: Millions of diehard fans who will gladly shell out cash to get the Apple Watch and who will evangelize it to others. Apple fanboys are easy to make fun of but their devotion to the brand is something that has been invaluable to Apple during its transformation from a has-been into the most valuable tech company in the world.

A city saved $95m a year in utilities cost through use of IOT

According to this article "The Internet of Everything", aka Internet of Things, IOT, is the next biggest awesomest thing that will save the world because even though it is only in its infancy and is barely better than a bunch of interconnected sensors it generated a city $37 million in light and $58 million savings in water expenses.

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To learn more about this city and read more about how IOT will save the world, read John Chamber's LinkedIn Blog

How is IOT going to grow?

How is IOT going to grow? at first I thought that it would grow just like the internet did and monetize just like ecommerce did. It's perfect for my own simplified understanding of the synergies among science, engineering and business.

However, there is an alternative view. Its not going to grow the same way because there is no standards body to guide its development.

Equally surprising is the quick quip that IOT is not about the thing or the enterprise, its about content. This line of thought still needs to be developed but its intriguing to me.



Quoting the article of Joe Barkai

We often think of the evolution of the World Wide Web as a model that the IoT will follow. In fact, there is an assumption that with the proliferation of instrumented devices and pervasive commutation, the adoption rate of the IoT will be much faster than that of the Internet. However, the WWW model fostered a culture of collaboration and open standards such as hypertext, HTML and common page browsers; the W3C consortium develops and maintains standards and connects developers and users.

The IOT industry does not seem to converge in this direction; almost the opposite. The space is inundated by numerous of communication standards and data protocols that aren’t interoperable, and companies offering as many one-off solutions to attempt to connect devices using incompatible communications methods and interfaces.

The business potential is not in the conduit, or the “plumbing” of the IoT; it is in the content. (bold emphasis mine)

Jahangir Mohammed, CEO of Jasper says that the Internet Of Things (IOT) is about service

According to Jasper's CEO the internet of things (IOT) is about service, not things. Satya Nadella, Microsoft's  CEO expressed a similar sentiment - that IOT is about things such as the OS and security systems.

He also implied that IOT will be as ubiquitous as ecommerce is now.

The Internet of Things (IoT) transforms the potential of a wide range of products by making them part of a wider service ecosystem, Jahangir Mohammed, CEO of Jasper said, noting: “the internet of things, it’s about service”

“Just about every business is going to become an Internet of Things business, it’s an inevitability. Because not only is the way people use things transformed, businesses are transformed. For the first time, businesses are continually connected to their customers, they know how customers are experiencing their products,” Mohammed said..


See more at Steve Costello's Blog

"The smart watch wars are still in their early days. Only time will tell how this story unfolds."

Chicago Booth professor comments on the below tweetmaps of Apple and Samsung smart watches:

"The Apple Watch tweets are focused largely on the attributes of the product– design, functionality, technology– and some negatives: accidents, warnings, etc. <snip> On the other hand, Samsung’s messages appear to dwell less on attributes. <snip> There is a lot of attention paid to its competitor, Apple, and its products. This asymmetry between Apple and Samsung might have implications for how much each product needs to compete for consumer mindshare."

Apple Watch Tweets

Samsung Watch Tweets

- See more at Blog of Kilts Center at Chicago Booth

The iWatch is even way cooler than I thought

Image from Tom's Hardware

No, I have not seen one but my favorite blog of all things iWatch, Tom;s Hardware, has the deets

Price: $349+
Screen: 38 - 42 mm
Strap: Gold, etc.

Notable Tech/Features/Qualities/Limitations:

1) Tethered to a phone. Yuck! (iPhone 5 or 6, boohoo for me I have an iPhone 4)
2) Digital crown user interface to scroll, zoom, and go "home" (creative way to navigate a small screen)
3) Taptic engine that allows it to change from a watch to a phone peripheral (okay, this seems like a high tech improvement)
4) Sensitivity to force, differentiating a tap from press. (Hmm. this will be a good feature for mobile gaming)
5) Draw chat messages (emoticons are so 2014 :-( )
6) Retina display (old news, inherited from older products)
7) Sapphire lamination (hey they are finally using that tech! Its supposed to be way harder than the glass they use)
8) Swipe gestures (well duh)
9) Detect pulse then send your heartbeat to another user (fit bit killer, anyone?)
10) Track daily physical activity (finally using gyros and accelerometers for something other than mobile gaming)
11) Control home electricals and electronics (this is an app for your Apple TV and Apples inroads to everything you will buy for your home)
12) Siri (eh, I dont like Siri. She is annoying)
13) Make payments (Apple Pay? Now apple is taking over the banking business too?)
14) Tweet (via twitter app, of course)
15) Check-in to your flight (via an app again)
16) Check-in to Hotel and open your door. (An app that lets you skip the line at the front desk? Sold!)

My judgement (for now):
I'll probably buy it because it seems like it ecourages traveling... well, domestic travel only since its data usage would be very expensive to use when travelling internationally.

iWatch vs Swatch Touch. Which is more fashionable?

Image from Business Insider

From Toms Hardware

When Swatch announced that it will launch a smart watch this fall in order to grab a slice of the $30B market (by 2018), I thought, wow that would be the elegant smart watch. Apple's will be relegated to the techy "casio calculator" bin of history. After all Swatch is the biggest watchmaker.  And it does not just sell Swatch, it also owns Tissot, Longines, Omega and Breguet.

I have to admit, I was wrong. The iWatch launched not just with a technological bang but with a fashionable flair as well. Just look and compare the two images above - Apple is not ceding any territory when it comes to looking good. I should have expected that considering how Apple revolutionized smart phones using not just new tech but also sold them as a fashion accessory.

All I can say is, Hayek better be ready to rumble in the ruway.

Will people start wearing (smart) watches again?

I stopped wearing a watch ever since I owned an iPhone. It was unnecessary. I can tell the time using my Smart Phone. I didn't feel like I needed a watch. I don't see my friends wearing watches. I might have had a strong opinion that people should no longer be wearing these antiquated one trick pony technological has-beens. Sure, watches can do things other than telling time. Perhaps, as an alarm clock, a stop watch or as a fashion accessory. But all those are things that a smart phone can do even better!

Enter smart watches. They are lighter, No need to use up pocket space. and they are not one trick ponies like your grandmama's watches. I would not be surprised if people start wearing (smart) watches again.

What exactly is IOT - Internet of Things?

It's hard to define something that is new and is changing very fast but this article from BizCatalyst360 by one of my LinkedIn contacts, Chuck Brooks, makes for a good primer on what this new industry is all about. I find its description of IOT captures both the essence and the potential of this nascent tech sector. The article is titled, IoT – The New Frontier of Technology Convergence, which inspired the name of this blog.

"the Internet of Things (IoT) is the concept of connecting any device to the internet, from home appliances to wearable technology such as watches, to cars. These days, if a device can be turned on, it most likely can be connected to the internet. Because of the IoT, objects to objects, people to people and objects to people can communicate quickly and efficiently."

The potential of IOT is huge 
Its not just about fitbits and losing a few pounds anymore. Its bigger than that.

All of a sudden, it feels like the 90s and in the early days of ecommerce again, when B2B, B2C, B2Etc are all just potential ways of connecting one entity to another. Mayhaps the terms O2O (objects to objects), P2P (people to people), and O2P (objects to people) would become mainstream as well?

The rest of the article deals with IOT's potential in the public sector, such as smart parking, HOV lanes, sensors on public transportation, real-time auto-notification of delays and all that good stuff, which I think further underlies the potential of this sector - the government WILL support its growth. It will support it just because it has the potential to make public services better for everyone.

According to Gartner, via Chuck's article, the market is huge: 26 billion networked IOT devices by 2020. Think about it. That is like when Steve Jobs unveiled iPhone. If this comes true, our lives will change. Ergo, businesses will change too - tons of real-time data will make social networking, cloud computing, big data and fiber networks even more important than they are now.

About The Blog

I have been curious about wearable technology for a long time; way before Google Glass, fitbit or FleshLight Launchpad. I met a fellow UChicago alum from SAP who is working on the enterprise side of IOT (Internet of Things) and that got me to thinking that I should write a blog on this topic so that I can have a historical record of what I learned along the way.

I could learn so much about this nascent industry in my spare time that I become an expert in no time!