April 22, 2014
The Internet of Things refers to Internet-connected devices, sensors, and everyday objects that can send and receive data. Think of the Nest thermostat, which learns your temperature preferences and was acquired by Google in January.
In talking about media coverage of the Internet of Things, O’Reilly made a comment on how entrepreneurs, investors, and media tend to latch onto “me too” ideas:
“We see an awful lot of me-tooism among investors and entrepreneurs as well as with media! One of the problems with herd investing and herd entrepreneurship is that people are often thinking at the same level and not taking the time to see more deeply. So my advice: take the time to draw your own map of the world.”
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