Hope Sees Huge Efficiency Improvements With Internet Of Things

Hope Sees Huge Efficiency Improvements With Internet Of Things

Jason Hope has made a name for himself as Arizona’s foremost tech entrepreneur. Recently, he has taken to the web to discuss many of the issues surrounding the coming adoption of the technologies best described as the Internet of Things.

Self-driving cars and self-serving grocery carts

Hope as futurist says that the coming super-network of devices that will ultimately do most of the daily chores of life is not a matter of if but when. Hope points to operations like Amazon. With its many fulfillment centers throughout the United States, Amazon is already deploying completely autonomous robots on their warehouse floors as well as drones for delivery of various items. There is no question that these technologies create astronomical efficiency improvements and cost savings, otherwise Amazon wouldn’t be using them.

But Jason Hope is quick to point out that, even though these sci-fi developments have been mostly restricted to use by multi-billion dollar corporations, who can afford gigantic capital expenditures, as sure as the sun rises, these internet of things will soon becomes exponentially less expensive. Hope notes that Moore’s Law, the idea, first expounded in the ’70s, that computing power will double roughly every two years, has held true for over 40 years. Hope says that something akin to Moore’s law also holds true for the price of mass-produced, new technologies. The first cellular phones, in the mid-’80s, cost over $5,000. By 2005, the cheapest were routinely free.

Hope says that there is no doubt the technology being used today by Amazon will, tomorrow, start showing up in grocery stores.

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