To: dennisw
I have been studying the internet of things for a while (purely to determine if there is investment potential there and, if so, where)...and this statement from the article is hilarious...
The inherent dynamism of competitive markets is bringing costs so far down that many goods and services are becoming nearly free, abundant, and no longer subject to market forces.
When I can get my new Mercedes for free and drive to my free beach house with free fuel. Then I will be convinced.
7 posted on
03/22/2014 3:13:59 PM PDT by
RoosterRedux
(The only true wisdom is in knowing you know nothing -- Socrates)
To: RoosterRedux
For the record, what is the internet of things?
The internet is connectivity to information. Although all to not provide information,they can.
All cannot contribute things. All things are not connected.
33 posted on
03/23/2014 5:10:14 AM PDT by
bert
((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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