Skip to main content

Wozniak warns on the "internet of things"

Two people founded what is now known as Apple.     Steve Jobs, one of them, had a high profile until his untimely death a while back.    His co-founder, Steve Wozniak, has never been in spotlight as Jobs was.   

Speaking in Sydney on the "internet of things" Wozniak issued a sober and timely warning....

"Apple co-founder Steve Wozniak has warned the burgeoning industry springing up around the so-called "internet of things" is already showing signs of being a bubble.

Mr Wozniak said he was excited about the industry sector, which aims to commercialise the explosion of internet-connected devices and appliances, but said he was worried the hopes and plans of founders could outstrip technological capacity.

The internet of things could comprise appliances such as a fridge that reminds its owner to pick up milk via their smartphones as they pass a supermarket, or a self-governing airconditioning system that tracks online weather forecasts and modifies its own settings.

Apple co-founder Steve Wozniak has warned that the burgeoning industry springing up around the 'internet of things' is showing signs of being a bubble.

A 2014 report by international research company Markets and Markets estimated this industry will be worth $US290 billion ($377 billion) globally by 2017 and would continue to grow by 30 per cent each year.

But Mr Wozniak compared the burgeoning internet-of-things industry with the dotcom crash of the late 1990s, when excitement and vision were accurate but the technology was not commercially ready.

"I feel it's kind of like a bubble because there is a pace at which human beings can change the way they do things. There are tonnes of companies starting up," Mr Wozniak said.

Since finishing up at Apple in 1987, he remains as an "honorary employee" but spends much of his time educating people about technology and innovation.

Speaking at the World Business Forum in Sydney, Mr Wozniak reflected on his life before, during and after the rise of Apple and spoke of the trends that would most transform technology and life.

"The most important thing for the future, which all of the leaders of our time with brains like Stephen Hawking and Elon Musk and Bill Gates are talking about as the biggest threat to humanity, is that once machines have intelligence and can think themselves, that's a turning point," he said.

Continue reading this piece from the Sydney Morning Herald here.


Popular posts from this blog

One Forbes List: A roll call of criminals, psychopaths and megalomaniacs

2016 has ended and there has been the inevitable list of the best of 2016 of this or that.     

The just published Forbes List of the Most Powerful People is another thing altogether.    It is truly shocking to think that those listed are as downright awful and the worst of humankind has to offer.....yet wield enormous power.     The Age newspaper in "Who's who list a roll call of criminals, psychopaths and megalomaniacs" provides the details.....

"It's that time of the year again. In an effort to celebrate or sum up, or maybe just expunge the events of a year that's just wound up, we've become obsessed with rankings. Top 10 Christmas hits, bestselling books, the most excruciating movie moments, the seven things we're doing to wreak havoc on our planet. This year, courtesy of US presidential election, we also have the top 20 fake news stories, the 10 steps for adjusting to a Trump presidency, and the best destinations for those that find they simply ar…

"Wake Up"

The message is loud and clear....and as you watch this, remember that it was on Israeli TV - not some anti-semitic or anti-Israel program somewhere in the world.

Happy New Year....not?

Credited to Mike Luckovich