Saving Money at the Cost of Privacy

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Imagine, only a decade ago we would have to get up to adjust the thermostat or would have to get up to turn the lights off. Yet now, with a few taps on our phones, or with the simple words “Hey Alexa!” we can do everything without moving an inch. This is all done through the Internet of Things (IoT). IoT is being used commercially in major corporations and by the average person. This emerging technology is already larger than we know and it is only going to keep growing.Photo by Loewe Technologies on UnsplashSmart home devices such as Google Assistant and Amazon Alexa are some obvious examples but did you know that many companies use advanced IoT systems to control lighting and heating automatically to reduce costs? No one needs to tell someone or something manually, it is automatically done based on data.And that is what will drive IoT to grow at an incredible rate. The abundance of data that we as a civilization produce every day, will only continue to grow alongside IoT. As more IoT devices are put on the market, the capacity for further data collection also grows. They fuel each other to become …

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