IOET: INTERNET OF EVERYTHING WHAT THE FUTURE HOLDS BASED ON THE TRAJECTORY OF OUR DIGITIZED WORLD

By: Eloísa Cabello

Tesla has created a patent for autonomous vehicles and sold it to other manufacturers.

They understood the essence of network theory, and for autonomous driving to work, there.

needs to be more vertices to connect on the road, so by selling the patent, they propelled.

the future of autonomous driving forward.

According to Global Data, Japan is set to implement an autonomous driving system in 2023.

Also a report by Thomas Insights projects that the overall market for autonomous vehicles

will jump 36% to $37 billion by 2023. The environmental advantages of electric vehicles are

irrefutable, however, what about the societal and economic effects? The transition is worth

the struggle, just like when we transitioned from horse and carriage to the model T, we can

recover from it, but it is important to remain mindful of the amount of jobs that will be lost

because of autonomous driving. The consequences of autonomous driving are forecasted

to affect the job market, infrastructure, the economy, and living standards.

Residential and commercial buildings account for roughly 40% of energy consumption and

30% CO2 emissions in the United States. As a result, the environmental resilience institute

at the University of Virginia is attempting to achieve “net-zero buildings” to reduce our

carbon footprint. IoT technologies have been used to maintain these buildings and control

environmental impact, However, these IoT devices contribute to the “phantom energy

problem” where the amount of energy necessary to utilize these devices is more than some

small countries. In the process of making our world more interconnected, there are

obviously immense benefits, but also, one must be wary that there are also consequences

to this development. Every action has an equal and opposite reaction. This proves true in

what’s next in media for IoT technology.

It can be difficult to not be overwhelmed by the break-neck speed with

which media & technology evolves, much more the ever-emerging news that

our latest company or product was up to no good and betraying our trust.

Perhaps it can even seem that despite all of the talk of future-focused innovation and

democratization for the good of all, companies are actually interested in short-term gains

and making shareholders happy. Media and technology is not inherently unethical. The

problem is the lack of transparency and the boundaries between consumers and companies.

being drawn by the companies themselves.

When the owners of the products and services that we all use are the ones owning the

machines of production, the data centers, the media platforms, and setting the prices we

are justified in feeling like our trust has been breached. Yet, things do not have to be this

way.

We operate under the assumption that media and technology can be tools for the wellbeing

of all. Through this report, we display the important trends in media and technology, as well

as their various shortcomings, with the hope that it can kickstart the action needed to make

these tools functional towards an equal