The connected world of 2020 is going to be made, not by things becoming 'smart' but from smart things becoming 'intelligent".
First things first
- I have been spending my Mondays
with my amazing Stanford students, many aspiring entrepreneurs,
bringing diverse experience across local tech companies, couple heads of
emerging tech groups and labs with one thing in common - eagerness to
build IoT Businesses.
I dedicate this book to my students for their aspirations, the smart
discussions, and pushing me to set the bar high to go beyond teaching
to think about the state of several industries on how I can help my
students take their b-plans to make real successful businesses.
My new book 'IoT Disruptions 2020' is now live on Amazon. This book is focused on how Internet of Things will become intelligent by combining IoT and AI.
Please join me in using the hashtag #IoTAI
to talk about this book.
Artificial Intelligence (AI), Voice and Augmented Reality are fast
growing areas. There have been 897 AI startups funded mostly in US,
Canada and UK (Thanks to Nader Ghaffari
Scanner for the startup ecosystem research). Voice and Image
recognition, Machine Learning are all areas of AI slowly being
integrated with IoT data creating my vision for the world of 2020.
the smart IoT Devices on us, inside us (yeah, that's happening) and all
around us can apply Artificial Intelligence and use the large volume of
IoT sensor data to become intelligent to make decisions and give us
advice to augment our live and reality? What would such a world look
like? Scary? Nah? Will we lose jobs to Robots? I don't think so!
In my new book 'IoT Disruptions 2020'
I share many business use cases and innovations you can build as
startups or in your area of business, grounded by my many conversations
with the IoT entrepreneurs and business makers I keep talking with each
week on The IoT Show.
Key topics covered include:
1. Digital Health
is a whole new industry where
healthcare is getting transformed with health Informatics from
Wearables. Yes, there is the challenge of integration to existing
healthcare systems to wearable data that is beginning to happen. But
that does not stop innovations such as swarms of nano-devices called
'motes' to look for cancer cells inside our body, use Machine Learning
pattern detection to identity and kill cancer cells. Or simply machine
learning to look at blood samples for pathogen detection!
Join me to marvel at how this prolongs life and guess what industry is disrupted naturally? Insurance!
2. Insurance Disruption
: So much consumer data on
health and driving behavior and what are the new risk models to be
built? Can human analysts build it? Oh we sure need machines to become
intelligent to build these out.
Same for connected cars and what the data informs about our driving habits.
All this data is calling the insurance industry for leadership to go
beyond risk models to create new services. Won't you like your insurance
to proactively offer driving education for your teenager instead of
increasing their premiums?
3. Factory 2.0
Every industry involving machinery - Manufacturing, Oil and Gas,
Textile, Shipping, Logistics, Airlines, Bridges & Dams all are using
IoT to track health of failing parts with Predictive Analytics.
- ProGlove, an industrial wearable in Berlin uses machine learning to
look at worker hand movements to track quality and compliance of car
- Konica Minolta offers Augmented reality in Oil and Gas industry to
expedite fixing of broken critical machinery. What if they can add
intelligence to the machines to look at past parts failure?
- Smart office buildings and factories being built up today will
monitor and maintain themselves for energy savings, ergonomics and
improved safety when the smart chairs, smart meters, machinery and
wearables on workers communicate with each other making decisions using
4. Algorithms, Robots and the Human Machine Interface
- This brings us to my favorite topic. Algorithms
I don't believe Robots are going to take away our jobs. But
algorithms, the smart AI apps that can reside anywhere. I'd bet on them.
To enhance our lives.
As we move forward into the connected world of 2020, we are going to
be immersed in 50 billion IoT devices on us, inside us, all around us
communicating with us with voice, virtual and augmented reality with
intelligence guiding us, advising us and managing our lives efficiently.
This is the IoT Disruptions I've been dreaming and talking and writing
I won't go so far as to say we'll have to give up free will. Never.
However, we need to get ready to change our relationship with our homes,
cars, our own bodies and our work. That's all.
Let me know your thoughts in comments below.
If you like my new book 'IoT Disruptions 2020'
share with your network, connect me to people I should be talking to
build related case studies and ping me if you share my passion or have
something in this space that can inspire me. I am game for it. Always.
ABOUT SUDHA JAMTHE
Sudha Jamthe is the Stanford instructor of the first IoT Business course and the author of three IoT books in the 'IoT Disruptions' series. She researches IoT space with her weekly "The IoT Show"
and develops IoT case studies which she shares on her mailing list here.
Tweet her at @sujamthe
Sudha loves shaping new technology ecosystems, helping businesses
drive Digital Business Transformations and has a deep passion for
mentoring and developing leaders. Her aspiration is a limitless world.
Opinions are mine, unless you want to own them.