We’ll kick off this segment with a report that says the IoT market will be worth $1,423.09 billion by 2020, with CAGR of 4.08%. The White House is pulling a Cisco and refusing to drop its Cyber-Physical moniker, as it prepares to host a showcase event for IoT pilot programs. California meanwhile has managed to pass regulations for driverless cars that require a driver behind the wheel at all times – somewhat defeating the purpose.
The philosophy and impact of IoT is tackled by Network World, who sat down with a professor of fine art to discuss the ramifications of all the extra free time we’ll enjoy thanks to automation. SolidCon has helped show off some novel IoT projects, and Tile has finally got around to shipping its Bluetooth tag which smashed its crowdfunding goal a year ago but soon went very quiet. New satellite and cellular fleet management systems are arriving, and the smart home will be great for the environment but might drive you insane.
Which brings us nicely to our weekly dose of cynicism, where GigaOM is warning that network security will get more much more problematic in IoT environments, while Wired counters by suggesting programming devices to die before they become vulnerable through outdated software. The Register circles overheard, documenting the perils of the quantified self and world, looking at how insurance companies will exploit IoT sensors. And as usual, privacy and app crashes remain a constant concern.