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> If you add an ethernet port to your coffee maker and it doesn't increase any sales, are these reports counting it as a growth in the IoT market and loss in th

by Jaepa 10y ago

> If you add an ethernet port to your coffee maker and it doesn't increase any sales, are these reports counting it as a growth in the IoT market and loss in the older market? Actually I think that's kind of the root. It's not that the number of coffee makers will change much, Mr. Coffee will just start adding "smart"s to more down range machines. And why not? Its another feature to add to the list to sound fancy which in commodity market has a lot of value, the cost to do such is pretty negligible and there are no rules for support.

flukus 10y ago
> And why not? Well for one thing, anyone watching that will miss any hidden growth in dumb devices, they'll appear to be losing market share.
- Jaepa 10y ago
  But thats not really how markets work. It follows demands. If the ratio of ∂q_smart/∂t > ∂q_dumb/∂t then is what they will try to sell. Eventually ∂q/∂t will reach near equilibrium, but even then, a smart device for most things a smart device that is never connected to anything is pretty much equivalent to a dumb device. I'm not saying this article is right. I'm simply saying that IoT is less of a market and more a "feature".
  - flukus 10y ago
    That seems to be assuming that the market is perfect, but dumb TV's for one seem to be getting harder to find. > a smart device that is never connected to anything is pretty much equivalent to a dumb device. From the consumers perspective, but the still bring risk: https://arstechnica.com/security/2017/03/smart-tv-hack-embeds-attack-code-into-broadcast-signal-no-access-required/ https://arstechnica.com/security/2017/03/smart-tv-hack-embed...
    - Jaepa 10y ago
      Oh no, I agree full hearty with you. I think the IoT trend is scary a fuck. Especially since there is no rules for support. Even if the vendor does a good job building the system, after it stops receiving updates it will become unsafe to use. I'm stating why I think IoT stuff will take off. I think its terrible, unavoidable future. I'm not against the principle of smart devices, but we are making them just smart enough to be dangerous to our networks, and to sloppy to be safe.

by Jaepa 10y ago

flukus 10y ago

> And why not? Well for one thing, anyone watching that will miss any hidden growth in dumb devices, they'll appear to be losing market share.

Jaepa 10y ago
But thats not really how markets work. It follows demands. If the ratio of ∂q_smart/∂t > ∂q_dumb/∂t then is what they will try to sell. Eventually ∂q/∂t will reach near equilibrium, but even then, a smart device for most things a smart device that is never connected to anything is pretty much equivalent to a dumb device. I'm not saying this article is right. I'm simply saying that IoT is less of a market and more a "feature".
- flukus 10y ago
  That seems to be assuming that the market is perfect, but dumb TV's for one seem to be getting harder to find. > a smart device that is never connected to anything is pretty much equivalent to a dumb device. From the consumers perspective, but the still bring risk: https://arstechnica.com/security/2017/03/smart-tv-hack-embeds-attack-code-into-broadcast-signal-no-access-required/ https://arstechnica.com/security/2017/03/smart-tv-hack-embed...
  - Jaepa 10y ago
    Oh no, I agree full hearty with you. I think the IoT trend is scary a fuck. Especially since there is no rules for support. Even if the vendor does a good job building the system, after it stops receiving updates it will become unsafe to use. I'm stating why I think IoT stuff will take off. I think its terrible, unavoidable future. I'm not against the principle of smart devices, but we are making them just smart enough to be dangerous to our networks, and to sloppy to be safe.