Definition "IoT" photo clip link: whatis.techtarget.com
IBM to pump $3 billion into new IoT business unit
"Hungry for a bigger piece of the Internet of things market, IBM will invest US$3 billion over four years to establish a new business unit dedicated to providing IoT systems and services to enterprises...
By 2021, as many as 28 billion IoT devices will be installed around the world, IDC has estimated. General Electric has predicted that IoT systems will add up to $15 trillion to global annual Gross Domestic Product over the next 20 years...
The Police departments of Durham, North Carolina, and Memphis, Tennessee work with IBM to collect data that can help them better target crime hot spots. And Carnegie Mellon University and the U.S. General Services Administration are working with IBM to build IoT systems that can cut energy costs in their buildings...".
Social Politics - 101 :
First of all ... investment can be a good thing ... up to a point. Not so good when you factor in the corporate business angle of today.
Two obvious problems that one should be concerned about ...
1) IBM's history of computer standardization (industry power grab in the mid 1980's) and the most recent FCC ruling concerning net-neutrality (potential bandwidth hog, if not corporate controller and additional service cost provider...).
2) Now two newly, ultra-conservative, police departments being noted as using pseudo-crime profiling "collection data" for crime hot-spots has become a real, if not long term possibility, PLUS a concern for majority, as well as minority, citizens who are law abiding has been revealed in the above IBM article. This note (&) example, if law officials don't already know where their higher crime enforcement areas are ("Catch-22 ... more arrests ='s more crime" SP-101) ... then it's probably time to relocate some of these state / country employees to another type of work...Fast Food Services.
