The internet of things is everywhere, even if you don't realize it. The self-cleaning coffee machine, the vacuum that cleans your house when you're away--it's all connected through IoT. Susan Galer, SAP Marketing and Thought Leadership Director, joins Cheddar to discuss the challenges, applications, and future of IoT.
Galer explains how industries such as smart cities and transportation will start using IoT to flourish. In terms of creating a smart house, she says IoT can apply to any household appliance from the stove, to a refrigerator, to the heating system. Coupled with machine learning, IoT allows items to keep track of appliances and automatically share problems with the designated party. Plus, it allows the user to save money by providing maintenance when needed.
Additionally, Galer talks about the future of IoT-enabled products with smartphone activation. By 2020, she says IoT technology will be in 95% of electronics for new product designs.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
AI is transforming industries and raising ethical questions. UCLA Professor Hal Hershfield discusses "Your Future Self" and AI's impact on psychology and media.
