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Business of Engineering
Polls Is 2017 the Beginning of the End of IoT Investment?
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  • Author Author: rscasny
  • Date Created: 22 Jan 2017 4:06 PM Date Created
  • Last Updated Last Updated: 23 Jan 2017 1:20 AM
  • Views 1433 views
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  • Comments 15 comments
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Is 2017 the Beginning of the End of IoT Investment?

2016 changed the world. Political populism won the day and the tech world is concerned that the speed at which AI could kill tons of low-tech jobs. Industry leaders have reported that they are considering delaying their plans to implement more smart factory (including the Industrial Internet) technology into their operations. And everyone is worried that we are not prepared for the wide scale robot revolution that is expected in the coming decades. These populist concerns just may overshadow the pulse of the tech industry to slow down technological investment and innovation. What do you think: Is 2017 the beginning of the end of IoT Investment?

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Top Comments

  • Former Member
    Former Member over 8 years ago +4
    I think that on the surface industry leaders will be concerned with how they are viewed by the public all the while looking for new ways to increase their profits. Its always been my thought that robots…
  • dougw
    dougw over 8 years ago +3
    The internet of information had a 25 year run and it isn't over yet. The internet of things is a very long way from saturation. The internet of people hasn't even begun yet. The question is not "is there…
  • pettitda
    pettitda over 8 years ago +3
    I think that we are currently in a period of great change. People in general do not like change. So, they will complain and the media will play up the "loss of low tech jobs". However, I think companies…
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  • Former Member
    Former Member over 8 years ago

    I think that on the surface industry leaders will be concerned with how they are viewed by the public all the while looking for new ways to increase their profits.

     

    Its always been my thought that robots and smart technology should be used to replace many mundane manual tasks, rather than making the people who did those jobs redundant they could be trained in new skills towards a more rewarding career role.

     

    A very good example is the self service checkouts that have appeared in supermarkets, there are far less human workers manning checkouts and many people believe that they replaced human workers in a negative way. The truth being that those supermarkets who adopted these systems generally started popping up with in store bakeries, fishmongers, cheese counters, butchers, hot food deli's etc... sure these things existed before to some extent but since the self service checkouts, these additional facilities have grown, and have more trained and skilled staff working in a much more rewarding job role within them.

     

    As long as the large industries continue to invest in their human workers, the business can grow offering better services, more diversity and better customer service, why shouldn't we leave the mundane manual tasks to robots?

     

    Of course there are going to be people who point blank refuse to retrain choosing to complain about losing their jobs to machines instead of see the benefits they can gain personally from it.

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  • Former Member
    Former Member over 8 years ago

    I think that on the surface industry leaders will be concerned with how they are viewed by the public all the while looking for new ways to increase their profits.

     

    Its always been my thought that robots and smart technology should be used to replace many mundane manual tasks, rather than making the people who did those jobs redundant they could be trained in new skills towards a more rewarding career role.

     

    A very good example is the self service checkouts that have appeared in supermarkets, there are far less human workers manning checkouts and many people believe that they replaced human workers in a negative way. The truth being that those supermarkets who adopted these systems generally started popping up with in store bakeries, fishmongers, cheese counters, butchers, hot food deli's etc... sure these things existed before to some extent but since the self service checkouts, these additional facilities have grown, and have more trained and skilled staff working in a much more rewarding job role within them.

     

    As long as the large industries continue to invest in their human workers, the business can grow offering better services, more diversity and better customer service, why shouldn't we leave the mundane manual tasks to robots?

     

    Of course there are going to be people who point blank refuse to retrain choosing to complain about losing their jobs to machines instead of see the benefits they can gain personally from it.

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