Internet Of Things – Today, life is all about connection and connected stuff. It appears that if there is no connection, there is no life. What was life like just 10 years ago? Everything was so simple. I read some time back on Facebook, “Life was very simple when apples and berries were just fruits, windows were just windows, and ice cream soda and jellybeans were just desserts”. In today’s world, it goes way beyond simple meaning.

What is the Internet of Things?

The IoT (Internet of Things) is a network of physical objects embedded with software, sensors, and connectivity. The “things” within this network can sense, process, and share data with each other. Current examples of this technology include shoes with GPS trackers, Apple technology with watches, and Google technology with wearable glasses.

The estimated magnitude of the IoT (Internet of Things) market exhibits a wide disparity, based on a plethora of research, market evidence, and analysis. By the year 2020, approximately 26 billion devices are projected to be incorporated, with a “global economic value-add” estimated at $1.9 trillion, according to Gartner’s expectations. Some people have a positive outlook. According to the IDC, the Internet-connected ecosystem is projected to yield almost $9 trillion in annual revenue by 2020. To verify, the concept of IoT is not particularly novel.

We have had and continue to have machines such as point-of-sale (POS) machines in retail stores for a long time. The technology transformation lies ahead in the ways humans and machines interact with each other.

Internet of Things: The Good, the Bad and the Ugly

AILabPage defines an “IoT device as any device or object that can be transformed into one as long as somehow that thing can be connected to the internet.


Thus, it’s called the Internet of Things. These devices can be controlled over the internet. Under the shadow of the Internet of Things, or simply IoT, as it is known, we have connected homes, cars, financial services, health, education, and friends, i.e., a connected life.

Interestingly, the devices and objects were never expected to be on the internet or any internet connection, which is now a family member of the IoT. Objects can communicate on the internet without the support or control of humans. Note that laptops, PCs, or even smartphones may not be considered IoT devices. Sadly, in spite of all this, the majority of humanity still struggles for basic needs like food, water, shelter, health services, and education, so where we are going, I am confused.


We claim we can reach our friends, our home, etc. from anywhere in the world. A correct perception of reality is that friends sit together and stick to smartphones; chatting with friends who are far away but who sit next to them is taken for granted. We all have to slow down and take a few moments to think more carefully about safeguarding our personal data.

What the Internet of Things means for people privacy ?

Payment or connected spending, in my terminology, is called mobile payment. This market will be a 79 billion-dollar industry in 2019. My question is: how much are we going to give to the 70% of the world’s population who don’t have even basic needs? Of course, perception can matter just as much as reality.


Privacy – Not the Same as Security

To clarify, the idea of IoT is not a recent invention. Previously, numerous mediocre workplaces existed where employees didn’t have adequate amenities or confidentiality. Nowadays, it is expected that any highly connected environment with numerous IoT devices has the capability to monitor your activities clandestinely.

Currently, we are sacrificing our privacy, intentionally or unintentionally, in order to prioritize security. The appropriate means to achieve a harmonized equilibrium between privacy and security are no longer comprehended. Undoubtedly, a considerable number will persist and prosper. All indications indicate that the difficulty level of this course is about to rise significantly.

Big, deep structural changes in the economy are likely to boost the advantages that great employers already enjoy in the marketplace and penalize even more the companies that fall behind. We are not yet talking about artificial intelligence, data science, or any machine learning concept. IoT will definitely get smarter and gain consciousness after getting machine learning algorithms. These clever things may not necessarily be considered intelligent.

I am trying to understand new technologies and their contribution to the formation of our day-to-day activities, work, and lives. The accumulation of data into “big data, after all, is not just the data itself but the use cases made out of it. The bathtub thermostat now knows when to be extra because there is a hot date in there.

Connected or Online – Life

The concept of the “Internet of Things refers to a diverse range of objects and devices that are either already connected to the internet or have the potential to be connected. These objects are considered “smart” as they possess the ability to transmit and receive data from other compatible devices. There is a wide range of items that fall under this category, such as household machines, physical fitness and well-being monitors, electronic gadgets, residential protection systems, handheld devices, laptops and desktop computers, automobiles, and water dispensers.

in a nutshell, anything and everything, including your banking and financial portfolio details, holding machines, lights, fans, audio systems, and temperature control equipment, via any means in a range from smart cooking pots and toothbrushes to GPS-tracked shoes to wearable technologies like watches and clothing, etc.

What are you’re doing …I can see you !!!

Somebody mentioned it to me some time back, and I laughed then. The day you decided to come online, you actually said: “no to privacy”.

Now it’s even worse, as we can even use radio signals to see through walls, so there’s no need to be online. Signals can now be used to check a person’s precise movements through a solid wall. Combining this with AI can take it to the next level. How far will we go? Maybe I can’t answer now. For sure, these developments have their pros and cons.

The arrival of a new era, IoT, in the coming period will spread so much that it will enter into every area of our lives; we will become units in the internet world. We will no longer sit on our computers or browse on our mobile phones.

The Internet will become an essential part of our lives, like air, water, and food, and will get into our lives so much that we can’t be separated from it. It’s difficult to say whether this is a good or bad thing. At least my day, which is usually long, began to give almost 90% of the time to the Internet or on the Internet and mobile.

Points to Note:

All credits, if any, remain with the original contributor only. AI—a bundle of emerging technology—is here and is powering every single business. AI is going to disrupt every aspect of business life. When AI meets quantum computing and IoT for a friendly handshake, that explosion would be a blessing to see.

Books & Other Material Referred

  • Open Internet & Live conferences feedback and interactions.
  • AILabPage (group of self-taught engineers) members hands-on lab work.
  • This article has a contribution from Sheetal Sharma from her post from last year on LinkedIn.

Feedback & Further Question

Do you have any questions about AI, Data Science, Quantum Computing, Deep Learning or Machine Learning? Leave a comment or ask your question via email. Will try my best to answer it.

Machine Learning (ML) - Everything You Need To Know

Conclusion – One way or another, the new developments, innovations, and strategic creativity in our daily life ecosystem remain today’s prime target. Cybersecurity, or information security, is not just an information technology department’s problem or responsibility.

What we need today is the SECaaS (security as a service) model, which is still gray and distorted as applications, software, storage, and infrastructure run remotely. As per the Google search engine, identities are being stolen online every 3 seconds, 24/7. So what are we doing, and how can we protect it? The GDPR makes it even more relevant. Understanding the relationship between AI, or science that can imitate human beings, and cybersecurity, which is an essential need for all, is the key to success in business today.

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Posted by V Sharma

A Technology Specialist boasting 22+ years of exposure to Fintech, Insuretech, and Investtech with proficiency in Data Science, Advanced Analytics, AI (Machine Learning, Neural Networks, Deep Learning), and Blockchain (Trust Assessment, Tokenization, Digital Assets). Demonstrated effectiveness in Mobile Financial Services (Cross Border Remittances, Mobile Money, Mobile Banking, Payments), IT Service Management, Software Engineering, and Mobile Telecom (Mobile Data, Billing, Prepaid Charging Services). Proven success in launching start-ups and new business units - domestically and internationally - with hands-on exposure to engineering and business strategy. "A fervent Physics enthusiast with a self-proclaimed avocation for photography" in my spare time.


  1. This was a good read


  2. The Vas People at

    Its coming


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