Here’s How The Internet Of Things (IoT) Will Impact Self-Driving Cars

Dr. Lance Eliot, AI Insider

(Ed. Note: For reader’s interested in Dr. Eliot’s ongoing business analyses about the advent of self-driving cars, see his online Forbes column: https://forbes.com/sites/lanceeliot/)

Internet of Things (IoT), it is all around us, and yet it also has only just begun.

Some estimates are that there exist today around 8 to 9 billion IoT devices globally, and by the year 2021 there will be perhaps 30 billion IoT devices worldwide.

That’s a tripling of growth.

By some accounts that’s actually a very conservative number and the growth rate could be several times higher.

According to various researchers, on a daily basis we might have 1,000 to 5,000 objects surrounding us at any point in time that could potentially someday have an IoT device on them.

We are headed toward an era known as ubiquitous computing or what some call pervasive computing.

This refers to computers that are everywhere we are.

What has suddenly brought forth this emergence of IoT?

It’s the grand convergence of the ongoing miniaturization of computers, allowing them to be small enough to put on just about…