Forbes July 14, 2024
David Balaban

When it comes to technology, what seemed to be science fiction several decades ago can now be a mundane thing everyone takes for granted. Could we have imagined in the early 2000s that entire economic sectors would operate in near-autonomous ways under a watchful eye of monitoring sensors, cameras, and a myriad of other connected devices collectively dubbed the Internet of Things (IoT)?

Once a prerogative of incorrigible enthusiasts and dreamers, this hi-tech reality is already here. In areas where human input used to be key, the onus has largely shifted towards internet-enabled devices that provide real-time data collection, remote monitoring, and automation. The number of these objects is predicted to exceed 29 billion by 2030 globally, twice the stats...

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