Stuart Umpleby: Event 7 August DC 1415-1530 Internet of Things – Internet of Everything – Industrial Internet – But Still Not the Internet of True Cost

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Stuart Umpleby
Stuart Umpleby

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INNOVATION | TECHNOLOGY | POLICY

SHAPING THE INDUSTRIAL INTERNET

Sponsored by Center for Policy on Emerging Technologies (C-PET)

Our next DC event offers a high-level briefing and discussion of questions of profound significance to both policymakers and corporate America. Join us on Wednesday August 7 at our G Street offices – from 2:15 p.m. to 5:00 p.m. Register here. The roundtable will end with a reception.

Key panelists will include:

Daniel Caprio (McKenna Long & Aldridge; formerly Department of Commerce)

Michael Nelson (Bloomberg Government; formerly IBM, FCC)

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This from a recent McKinsey report sets out one perspective:

In most organizations, information travels along familiar routes. Proprietary information is lodged in databases and analyzed in reports and then rises up the management chain. Information also originates externally-gathered from public sources, harvested from the Internet, or purchased from information suppliers.

But the predictable pathways of information are changing: the physical world itself is becoming a type of information system. In what's called the Internet of Things, sensors and actuators embedded in physical objects-from roadways to pacemakers-are linked through wired and wireless networks, often using the same Internet Protocol (IP) that connects the Internet. These networks churn out huge volumes of data that flow to computers for analysis. When objects can both sense the environment and communicate, they become tools for understanding complexity and responding to it swiftly. What's revolutionary in all this is that these physical information systems are now beginning to be deployed, and some of them even work largely without human intervention.

We hope you will join us! Register here

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Later in the fall we are co-hosting a 3-day conference here in Washington on this question as knowledge partner in an international consortium. Details here

Phi Beta Iota:  There are some interesting turns of thought at the C-PET home page but it appears to be a bought and paid for undustry front and there are three topics we will never see them address:  the Internet of true cost where every item can inform in detail on its provenance and contained cost in virtual water, child labor, tax avoidance and so on; the free autonomous Internet impervious to corporate manipulation (capitalism hates competition, especially from little people); and lastly, the corruption that has destroyed the promise of capitalism, destroyed the US democracy, and opened the door to corporate ownership of government — of, by, and for special interests.

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