The new world of data: Four provocations on the Internet of Things

Steven Weber, Richmond Y. Wong

Abstract


The development and deployment of Internet of Things (IoT) is rapidly emerging as the next major step in the ongoing evolution of the digital society and economy. To gain better insight and foresight into key characteristics that will differentiate this more intensely connected future from the present, we shift the focus of attention in this paper from the Internet of ‘things’ per se, to the data that the Internet of Things will generate. We put forward four provocations about IoT data that pose what we argue will be the most critical questions about business models, privacy, economic geography, and security. The next phase of Internet development will raise new challenges — in particular, around risk, governance, and responsibility — that we articulate here as a forward-looking research and action agenda aimed at maximizing the upside potential of IoT over the next decade.


Keywords


Internet of Things; Data Science

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DOI: http://dx.doi.org/10.5210/fm.v22i2.6936



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