As technology continues to grow and become more accessible to members of society it becomes more common for different pieces of technology to be communicating with each other at all times of the day. Jason Hope refers to the constant sync of technology as The Internet of Things. It is supposed to be the latest and greatest trend within the technology field.
Recently there has been more technology entering homes. A lot of the tools we use daily such as refrigerators, stoves, ovens and lights are now connected to the internet. Certain smart home kits can control home appliances via voice commands and smart phones. When devices are sharing the same network there is a sense of greater efficiency.
Hope believes that The Internet of Things is single handedly one of the best investments made within the tech industry. As many large companies continue to take advantage of the Internet of Things it will be imperative that the smaller companies do their best to keep up. Hope is predicting that all devices will be able to communicate with each other in the near future.
Right now many smart technology devices are a luxury for most families because they are expensive and still in testing, but Hope believes that smart home technology kits will be standard in homes of the future. The Internet of Things will continue to help fight against global pollution and make the world a safer place to live.
Jason Hope is a futurist, entrepreneur and investor living in Arizona. He got his degree in finance from Arizona State University and then got a MBA from ASU’s W.P. Carey School of Business.
Hope has been investing in multiple technologies to help slow down the aging process. A majority of his work can be seen through the SENS foundation. He is working to ensure that Alzheimer’s and heart and lung disease will be cured in the future.
Learn more about Jason Hope at https://medium.com/@jasonhope
One of the biggest technological trends today is the growth of the Internet of Things, the embedding of the Internet in objects and the built environment. The first predictions about these possibilities came about in the 1980s and 90s. In fact, Bill Gates hinted at many of these possibilities in his book,The Road Ahead. Now, however, the IoT is no longer simply speculation, as wearable devices and smart buildings and homes are increasingly a staple of everyday life.
Entrepreneur and futurist Jason Hope believes that the IoT is poised to spread from the public sector into the private sector. His view is that as the IoT becomes more prominent in people’s daily lives, the vague term “Internet of Things” will likely be replaced with a more readily intelligible name. Hope also argues that, as a result, one industry that will soon undergo a revolution is the hospitality sector. Hope reasons that as the IoT becomes ubiquitous in people’s homes, they will begin to demand the same amenities in hotels and resorts. As basic IoT connectivity, such as interfacing devices with climate control becomes increasingly standard, patrons will expect these capabilities when on vacation as well. In addition, hotels will be able to use IoT to provide customized room service and using facial recognition to enhance security.
Related: Jason Hope’s 5 Predictions for the Internet of Things
Another major trend that Hope points out is printed electronics. Printed electronics is a technology that allows for sensors to be printed onto film. One emerging application of this technique is smart labels, which famed distillery Johnnie Walker has already used on its blue-label whiskey brand, the first commercially smart-labeled product. This technology will allow for smart phone connectivity with consumer products that companies will use to interact with their customers directly.
Jason Hope graduated from Arizona State University with a degree in Finance. He also holds an MBA from ASU’s business school. He is an entrepreneur and investor with a keen interest in startups and future technologies.
Follow Jason Hope on Twitter for his latest technology predictions.