Ongoing IoT developments coupled with incredible advancements in automation and other new technologies certainly opens up unparalleled opportunities for businesses across all industries, but should employees be worried that their jobs will no longer exist in the coming years? All through history, reports of the demise of jobs due to technology have been momentously exaggerated. In most cases, advancements have created more jobs. This notion is called the “Luddite Fallacy”, referring to past fears that machines would take human jobs away.
“With a trillion sensors embedded in the environment – all connected by computing systems, software and services – it will be possible to hear the heartbeat of the earth, impacting human interaction with the globe as profoundly as the internet has revolutionized communications.”