Internet of Things: Risks, Opportunities, and Ethical Responsibilities

Running head: INTERNET OF THINGS 1
Internet of Things
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INTERNET OF THINGS 2
Contents
Introduction: Internet of Things (IoT)...................................................................................2
Internet of Things: How the technology could disrupt the current way society functions
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Risks and Opportunities the IoT technology provides.........................................................5
Ethical responsibilities existing ICT workforce has to support the integration of these
technologies into businesses and daily life.............................................................................7
Recommendations and Conclusion.........................................................................................8
References...............................................................................................................................10

INTERNET OF THINGS 3
Introduction: Internet of Things (IoT)
This is a network of physical devices, vehicles, home appliances and other things that are
combined and embedded in with electronics, sensors, connectivity, actuators, and software.
These connectivity and software's embedded allows the objects to exchange data to operate
within the infrastructure that exists on the internet. Experts suggest that by the end of the year
2016, about 30 billion objects were embedded to IoT. The global market value of internet of
Things by the end of the year 2020 is estimated to be 7.2 dollars.
IoT allows objects or gadgets to be controlled and sensed across remotely existing
infrastructural networks. It creates direct opportunity integration of computer-based systems
into the physical world. As a result, IoT improves accuracy, efficiency, economic benefits
and reduction of human intervention in technology. Actuators and sensors used in the internet
of things become augmented for general cyber-physical systems (Agarwal & Sundaram,
2017). The cyber-physical systems encompass such technologies as smart cities, intelligent
transportation, smart grids, smart homes and virtual power plants.
These devices usually collect data that is used in data and existing technologies then the flow
of data autonomously within the devices. Heart monitoring implants, cameras for live feeds
of animals in the wild and biochip in farm animals are examples of the internet of things with
an intractable mixture of data, service, software, and hardware.
Internet of Things: How the technology could disrupt the current way society functions
The devices talk to each other and us. They offer us data and continuous information that will
vary society and are already giving a new dimension to traditional businesses.

INTERNET OF THINGS 4
The digital transformation of a commercial project is already a leap forward in the business
conception, but the Internet of Things (IoT) raises the level and is a milestone destined to
change society. An example is Telefónica; it has established itself as a leader in this new
technological era, offering solutions to the entrepreneur in all phases of the business
application process (Centenaro, Zanella, & Zorzi, 2016).
It is true that the user is hardly aware of all that entails but we must banish the idea of science
fiction: this technology is already among us, and it is here to stay. Carmen's chain of bakeries
is just one of the businesses that, thanks to the Telefónica Internet of Things, already benefit
from its use. It is a new revolution in the way of understanding communications that will
change the way people relate to objects, people, and companies.
In ethical matrix of IoT, there are two types of ethics, members ethics and the organizations
ethics. They can be cartegorized as High and Low. This is as shown in the diagram above.