The Internet of Things (IoT)
The physical world meets the digital world through integrated platforms, bringing us the Internet of Things (IoT).
IoT is a network of physical objects—“things”—embedded with sensors, software, and various technologies to connect and exchange data with other devices and systems over the Internet. These devices range from everyday household items to advanced industrial instruments. Experts predict that by 2020, over 10 billion IoT devices will be connected, rising to 22 billion by 2025. Oracle has even established a device partner network.
How did IoT become possible?
1. Access to low-cost, low-power sensor technology: The affordability and availability of advanced sensors have made IoT accessible across industries.
2. The rise of cloud computing platforms: Cloud platforms now allow organizations and consumers to access the necessary infrastructure for IoT expansion without needing to manage it all themselves.
3. Advancements in machine learning and data analytics: With improved machine learning techniques and vast data availability, companies can make more informed decisions, pushing IoT’s capabilities even further.
4. Artificial intelligence: AI advancements, particularly in neural networks and deep learning, now enable applications previously out of reach, such as natural language processing, face detection, image classification, and predictive analytics.
AI and Deep learning.
AI and deep learning give a new vision, allowing even automation of the most possible complex task
Some workers will be displaced by automation. In the period 2016–2030, it has been estimated that roughly 15% of the global workforce, or about 400 million workers, will be displaced by automation.Advances in automation will shape our near future. Kids and students should learn various skills, as the demand for traditional jobs will decrease. More students will specialize in programming, AI, and automation.
A new industrial revolution may deepen the divide between the unemployed and the wealthy.
Increased satisfaction and engagement: the introduction of automation in homes could lead to better lifestyles, resulting in greater satisfaction.