Come 2020 and millions or even billions of smart electronic devices, linked by the Internet, would interact with each other independent of human intervention. This network of interacting electronic devices is named as the Internet of Things (IoT). Looking at it from our times (2013), one could expect the IoT to consist of PCs, tablet computers, digital cameras, e-Book readers, mobile phones, robots, private and public computer networks and whatever new smart electronic devices that would be developed between now and 2020.
What would that mean to you and me? Here are some of the key benefits… and costs.
Automation: Automation will have reached such high levels as to cause a paradigm shift in our lifestyles. One of the most significant changes, that we can expect to see is that our lives will become far more comfortable than now. Physically, we would have to travel less. There will be even more time to dedicate to our primary occupations and of course, to vacations, rest and relaxation.