Signals and Frequencies

From the Internet of Things (IoT), where we are today, we are just beginning to enter a new realm: the Internet of Everything (IoE), where things will gain context awareness, increased processing power, and greater sensing abilities. Add people and information into the mix and you get a network of networks where billions or even trillions of connections create unprecedented opportunities and give things that were silent a voice.

Cisco defines IoE as bringing together people, process, data, and things to make networked connections more relevant and valuable than ever before—turning information into actions that create new capabilities, richer experiences, and unprecedented economic opportunity for businesses, individuals, and countries. (On Cisco POV, see also the video at the end of this post).

As more things, people, and data become connected, the power of the Internet (essentially a network of networks) grows exponentially. (See Metcalfe’s Law and Network effect).

A full realization of IoE will require some key enabling factors. In my opinion, the most crucial ones will be IPv6 implementation and, above all, a brand new software engineering approach. The manner in which software is developed hasn’t fundamentally changed since the 1960s. The orchestration of a paradigm shift is essential if the software industry is to ever become at least as innovative and productive as the hardware industry, which is following Moore’s Law. A new software science approach needs to be established to meet the requirements for the emerging IoE of unattended devices.

More on this subject:
What is the ‘Internet of everything’? – Answered by Peter H. Diamandis
Gartner Symposium: CIOs, Get ready for the IoE

Occupying the Internet, too?

Shortly after publishing my last rants on the strong concentration of global corporate control (see ‘Eye in the Sky‘), I came across this article on the Darren Herman blog.

Trying to figure out what the online media spend looks like, here is what he uncovered:

the digital media ad spend (search, display, mobile, etc) controlled by Google, Yahoo, Microsoft, Facebook, and AOL is about $40.1B

According to a recent ZenithOptimedia press release, worldwide digital advertising accounted for about $64.03B. That means that those ‘five sisters’ mentioned above, in that order, account for more than 60% of the worlds digital media ad spend. Moreover,

Google generates approximately 364% more revenue from advertising than it’s next closest rival, Yahoo!

To push this inequity even further, if you look at the comments in Herman’s blog post, Jon Steinberg (the President of BuzzFeed), points to another staggering statistic: 75% of all advertising spend is controlled by four advertising networks: WPP, Omnicom, Publicis and Interpublic (see his Flickr image here).

I’ll keep this in mind the next time I will be talking with someone of things such as concentration and dominant position. Apparently, these concepts also apply to the business models ruling the Internet. Which is something more difficult to occupy than any Wall Street.

Oddjob

Odd Job(s)

A young boy collecting funds for karate lessons

Have you read my previous post on the US Postal Service problem aka How to cope with human work replaced by technology? Unless an external source of funding comes in, the USPS will have to scale back its operations drastically, or simply shut down altogether. That’s 600,000 people who would be out of work, and another 480,000 pensioners facing an adjustment in terms. Huge numbers. And these issues are going to multiply as many human jobs/tasks will become obsolete due to technology shifts.

Douglas Rushkoff, a media theorist, in a special to CNN says that it’s not about jobs, it’s about productivity models. In other words, it is not a matter of demand and supply of jobs: actually, employment is abundant but we need

a way of fairly distributing the bounty we have generated through our technologies, and a way of creating meaning in a world that has already produced far too much stuff.

Can we organize the society around something other than employment? That is, can we find a third way NOT in the middle between communism and libertarianism in order to shift

the spirit of enterprise we currently associate with “career” to something entirely more collaborative, purposeful, and even meaningful?

Think about social networks. No, I don’t mean logging to Facebook to brag your last caribbean trip. I mean, networks of people who shares ideas, culture, know-how, time. In a single word, work. Not ego-boosting.

We have this idea that we put all this stuff out there and what we get back are intangible or abstract benefits of reputation. But why could not this be monetized?

Why can’t there be a universal marketplace where people could buy and sell bytes from each other, where information would be paid for? It would be much greater than the sum of parts: a future where people could make a living and earn money from what they did with their hearts and heads in an information system, the Internet.

Is the Information Age really replacing Industrial Age?

It seems so, but, IMHO, none of the so-called Internet giants is genuinely addressing this paradigm shift. Consequently, the question is not only “when”, but “how”.

Any hints? 💡