The Internet of Things (IOT) or Artificial Intelligence (AI) has been likened to the industrial revolution, possibly changing history.
Recent statistics reveal increasing interaction between human and technological communication, with over 20 billion devices expected to be connected by 2020.
702's John Robbie spoke to Pete da Silva CEO of The Jasco Group about the future of this revolutionary technological landscape.
A lot of people are debating what the fourth industrial revolution is... I believe quite strongly that it's the Internet of Things.— Pete Da Silva, CEO of Jasco Group
He said IOT has the potential to change the world but could only develop at a rapid pace if data costs become cheaper.
If data prices come down, internet speeds would go up and it would make sense to start connecting devices to each other.— Pete Da Silva, CEO of Jasco Group