Monday, March 31, 2014

From Capitalism to the Age of Free

The internet of things has facilitated an economic shift from markets to collaborative commons, with costs close to zero. Siemens, IBM, Cisco and General Electric are among the firms erecting an internet-of-things infrastructure, connecting the world in a global neural network. There are now 11 billion sensors connecting devices to the internet of things. Anyone will be able to access the internet of things, and use big data to increase productivity and lower costs with all physical things, including energy, just as we do now with information.

http://www.theguardian.com/commentisfree/2014/mar/31/capitalism-age-of-free-internet-of-things-economic-shift