There is always a new form of technology being proposed to the market. However, the main factor as to whether or not it really catches on depends on the major players in the market. Many other companies are reluctant to take on the new technology for plenty of reasons which includes the potential costs of setting it up for use. Also, the new forms of technology tend to have bugs in the first few models of release.
Only the major players are able to work out all of the bugs. This is one of the main reasons why according to Jason Hope, it is the major players that have the largest effect on the Internet of Things.
Jason Hope believes that the Internet of Things is going to be a really huge investment for the largest corporations. However, when they take it on, it is up to the other corporations to keep up so that they can continue to support their business. With the internet of things, a new world will emerge in which everything is connected. These leaves open tons of possibilities that may extend beyond the imagination according to Jason Hope who speaks as a futurist in technology.
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As of right now, smart technology is still considered a luxury. However, it has become more common now, than almost ten years ago. Back in those days, it was rare to have a smartphone. Ten years later there are now other forms of smart technology such as smart watches and other devices. The tech companies are only getting started on their smart technologies. The goal is to bring forth a network that is going to connect almost every item that one can think about. Jason Hope sees the impact that this is going to have in the daily lives of people.