Internet of Things

Forty billion Internet Of Things devices will cost at least $1.5 trillion by 2023, and that doesn't include the cost of implementing 5G wireless technology to 'light it up.' This BI report is a premium offering, but it gives the reader an idea of the magnitude of what lies ahead. Technocrats are celebrating even as hackers are licking their chops.

5G is the holy grail of Technocracy because a) it will completely light up the Internet of Everything and b) it will permit instant collection of virtually all data on earth. Verizon intends to dominate in the U.S., and is rolling out city-wide systems in Los Angeles and Sacramento by 4th quarter 2018. Public consumption will lag until consumer devices are available to take advantage of the higher speed. This is truly disruptive technology and will obsolete cable providers. For instance, my 100MBS Cox service sports a 20-25 ms latency; 5G will deliver 1000MBS with 1 ms latency.

Qualcomm, Broadcom, AT&T, T-Mobile, Verizon, etc. are the implementers of 5G, not the Trump Administration or any other government body. The Technocrat threat isn't so much China, but rather our own government who want to control untold masses of data to be collected through the Internet of Everything. Who is kidding whom here?