Jason Hope says Internet of Things will bring new age of optimization

One thing that the technological revolution, brought about by the age of cheap computers, has proven is that almost everything can be optimized. Many people do not realize the tremendous savings that come from the automation and optimization of previously labor-intensive and inefficient processes. These savings are often reflected in the skyrocketing profitability of certain industries as well as rapidly diminishing prices on various goods.

This can particularly be seen in the area of consumer electronics, where devices such as calculators and alarm clocks now only cost the tiniest fraction of what they did in the early 1980s. But it can also be seen in more subtle areas. For instance, even if energy prices have soared, the ability of high technology to optimize things like the internal combustion engine have meant that people today, on average, pay less for energy than they did in the 19 60s and 1970s.

Jason Hope is one of the most renowned entrepreneurs in the United States today. After having founded Jawa, one of the first internet-based premium mobile streaming content providers, Hope has gone on to have a tremendous career, developing dozens of highly successful startups. He has developed successful businesses and industries ranging from search engine optimization to b2b customized software development. But recently, Hope has stepped aside from his busy schedule as an internet titan to begin blogging about the various implications of widespread adoption of technologies comprised by the Internet of Things.

Hope believes that one of the main ways through which the internet and things will mediate drastic changes throughout society is through the increased optimization of processes that, today, are carried out by either dumb devices or labor intense means. Examples of this include the ability of self-driving trucks to radically overhaul the way that on-time delivery and logistics in general are carried out.

Hope believes that the advent of self-driving trucks will very quickly displace the roughly 10 million Americans who are professional drivers in one capacity or another. Hope says that this will not only result in astronomical direct savings cost, through the elimination of people on the payroll, but it will also result in huge cost savings secondary to increases in efficiency about delivery and inventory management. The widespread adoption of self-driving delivery vehicles will mean that routes will be able to be planned and carried out with the precision never before seen. It also means that goods will be able to be delivered precisely at the moment when they are needed, allowing for delivery trucks to potentially sit idle for hours or even days at a time, without incurring additional payroll costs to learn more about us: http://jasonhope.com/philanthropy/ click here.

These are some of the ways in which Hope foresees the Internet of Things radically transforming the way that business operates in the United States.

AZ’s Jason Hope Discusses About The Future Of The Internet of Things (IoT)

Jason Hope, an entrepreneur and futurist, believes that the Internet of Things (IoT) is the future that the world has been anticipating. He says that the future is here with us since we no longer just use smartphones to access the internet. Other devices that enhance communication between individuals have been manufactured. This new technology is creating opportunities in different industries, including the health care and retail. Looking into the near future, Jason said that devices would be functional if embedded with sensors, electronics, software or any related connectivity. He added that devices that will not have these connections would be considered obsolete.

The use of mobile payment will gain huge acceptance with companies like Apple and Google making innovations in the industry. It is odd how people still stick to physical credit cards and cash when technology has offered more options. The money payment industry will experience more innovations. Jason Hope commented that the recent Apple Watch launch targeted less people, but sought to establish the company’s IoT ecosystem where they seek to occupy every part of a consumer’s life. For instance, when Apple launched Apple CarPlay, the technology had been accepted by all main automakers, especially those who integrate i0S with their automobiles. However, Apple declined numerous integration proposals from automakers since they were targeting to create one centralized system to serve a wider market.

The healthcare industry has the most IoT potential. Researchers anticipate a $117 billion IoT market by 2020. Already existing devices like health trackers can only monitor few activities since they are not fully coordinated. The rapid occurrence of IoT will only be sustained with net neutrality. If net neutrality is not addressed, IoT could stop or be slowed down. Since the US technology is driven by startups, IoT will be a huge opportunity for startups and companies like Apple. For instance, Apple is in the process of creating a centralized system for healthcare, but only time will tell how quickly the society will adapt to these advances in technology.

Jason Hope is also a philanthropist and investor. He is a graduate of Arizona State University and ASU’s W.P. Carey School of Business where he earned a degree in finance and an MBA respectively.