Skip to main content

The Pros and Cons of the Internet of Things

Internet of Things

Internet of Things

The Pros and Cons of the Internet of Things


The Internet of Things (IoT) refers to the ability of everyday devices, such as phones, to connect and communicate with each other over the internet. This opens up a wide range of possibilities for enhanced efficiency and security. However, it also carries some serious risks in addition to its benefits, both now and in the future. Here’s an overview of the pros and cons of this rapidly-developing technology.


Pros

The huge list of possible applications for The Internet of Things, or IoT, is growing daily. Indeed, it’s difficult to think about an area where connectivity wouldn’t be beneficial. There are so many opportunities for development in business—for efficiency gains and improved customer experiences. The IoT also promises to revolutionize how we live our personal lives: By connecting everyday objects, we can streamline many activities that take up our time and attention today. We can program lights to turn on when we enter a room; our coffee maker could start brewing automatically when we wake up; and we could have all sorts of household appliances communicate with each other, which would save us from having to set timers and remember things like turning off lights when leaving a room. These benefits aside, there are some downsides to consider as well. For example, privacy concerns abound. With everything connected to everything else, you never know who might be listening (or watching). In addition, security issues may arise if your devices aren’t properly protected. And finally, the cost is a factor: Many of these devices will require monthly fees and/or special equipment to operate properly. As such, weighing out these pros and cons will help you determine whether or not you should invest in IoT technology.


Cons

There are many more cons than pros, with one of them being cybersecurity. While smart devices do provide advanced features and functionality, these features may come at a cost: privacy. With more devices connected to the internet, there is a greater risk for hackers to compromise these devices. It’s important that consumers research smart device providers so they can identify which companies prioritize security over new technology. Another disadvantage to increased connectivity is poor quality control with newer products like wearables. For example, if you purchase a smartwatch from an unknown company, you run the risk of receiving a defective product or one that doesn’t work as intended. When it comes to IoT devices in general, most people believe that even though there are benefits associated with connecting our homes and businesses to each other through IoT technologies, we should proceed cautiously because we don’t know what problems will arise once everything is connected.


How we benefit from this technology

As technology evolves, we are increasingly becoming more connected to one another and everything around us. Thanks to smartphones, smart TVs, wearable tech, and now even cars that have internet capabilities, our lives have become more convenient as we're able to control various devices with just a tap or a swipe. But all of these conveniences come at a cost; they collect information about you, which can be sold to advertisers or used against you in cases where your data is hacked. For example, some companies are already using your smartphone's GPS location services to track how often you visit their stores. They then use that information to target advertising toward you on other platforms like Facebook and Google. This may seem harmless enough—after all, who doesn't like free coupons?—but it has serious implications for privacy.

Scroll to Continue


New opportunities

The internet is one of humanity’s greatest inventions. However, we have only begun to scratch its surface. In terms of how connected our devices are, as well as what they can do for us, there is a lot left to explore. This technology could revolutionize healthcare, improve transportation systems, lower crime rates and make learning accessible worldwide—the list goes on! Thanks to IoT development companies, we are seeing more advancements in IoT every day.


Is it Safe?

It is well known that hackers can gain access to many devices connected to your network, but did you know they can also take over your thermostat? The internet of things isn’t a safe place, so it’s important that you stay aware of any vulnerabilities before connecting. Take time to assess what would happen if one of your smart devices was hacked or disabled. You don’t want to be left in a hot house or cold home. Your information might also be at risk. If a hacker gains access to your thermostat, he could control when it turns on and off as well as change temperature settings at will. Some manufacturers are making an effort to ensure security is part of their design process, but we have yet to see if their efforts will pay off—especially since many people won’t update firmware regularly enough for security patches.


A Few Examples

What would a smart refrigerator do? What would a smart home be like? A smart city? The internet of things connects everyday items with internet technology in order to provide information for real-time decision-making. It's still in its early stages, but it’s already begun to show major results. Let’s take a look at what IoT is bringing to businesses, consumers, and society as a whole.

The simplest way to think about IoT is that anything that can be connected, will be connected. For example, you could put an iBeacon on your iPhone so when you walk into a business you get a text alert offering deals or coupons that day only. Or your car might know if it’s going too fast and slow down automatically. Or maybe you’ll never have to worry about losing another remote control again because all of them are smart enough to communicate with each other over Bluetooth technology.

There are endless possibilities for how IoT can improve our lives in ways we haven’t even thought of yet, but there are also some major concerns about privacy and security issues as well as questions about whether we should even allow these devices in our homes at all.

This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.

© 2022 Vineeth Ananthoju

Related Articles