Have you ever become victim of an insurance company who uses demographics based on age, experience, or the car you drive to determine how much you pay for car insurance? This can be increasingly frustrating as this is, in a sense, similar to judgemental discrimination. But what other ways can they depict how much you SHOULD be paying? This is one of the many positive aspects where the Internet of Things (IoT) comes in handy.
This new generation of technology is changing the world day by day. It has the ability to connect devices with other devices in a way that has the potential to learn from human use. If people were to google the Internet of things they would get many articles using fancy words about how it works, but simply it is a network of smart devices that can send sensor information to a system that collects the information and has the ability to learn from habits, behaviors and other information, then some devices can change how they work based off of this information. Below is a great video to help explain how this network works.
This video shows how it can help save time, money, and create a safer environment for us! The IoT can be broken down into 5 layered structures:
The Things– are the most interacted with part of the system, this can be a smart phone, a connected watch, or even tv. These devices use recent activity, popular history and other means of giving the user an easy and comfortable experience, in the hopes that you will use the service again. But in order to be able to tell what you are doing these devices need sensors.
The Sensors are a key ingredient to improving the growing system. The sensors allow the different information to be gathered that is later used to completely the system’s purpose.
Next a Connection must be established to allow the information to travel back and forth between network and device! This can be done in many different ways, with specific needs varying for almost every device.
Once the gathered information is sent, it must be received in a Collection device. Since there are many more devices on the planet than humans, it will be impossible for a human to go through the information that is being collected, therefore a machine must be properly cerated and programmed in order to successfully and efficiently sort the information where then the information processed.
To Learn the information in a beneficial way, the software must be custom to analyse properly. This is usually made to learn from human behavior.
Then comes the Do, where the analysed information is turned into a useful system, usually ending with a greater sense of human behavior, which in turn creates a safer environment for us all!
Now while this information may seem like a lot to comprehend, it will soon become a common understanding as it will grow to every piece of technology created. This mass information collection can change a lot and it will surely benefit society as a whole, if we get this system right!
For a deeper look, visit: http://ww2.cfo.com/internet-of-things/2016/05/wide-world-iot-precision-technology/