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.