'Internet of Things' bringing serious social and economic disruption

(Privately owned vehicles, driverless of otherwise, will soon be little more than a memory. We will soon have a society reshaped as we abandon private vehicles and move into a human movement paradigm revolving around a sophisticated public transit/shared system, based on mobile applications that will change everything from the design of our houses, our road networks to what work will be doing and our recreation.

The driverless shared/public transit system will be cheaper, much safer and quicker in every sense, and rid our towns and cities of traffic congestion, and kinder to our environment – Robert McLean.)

Telstra CEO, Andy Penn - the "Internet
 of Things" bringing
serious economic and social disruption.

We have been hearing about the Internet of Things for years, but get ready. It has finally arrived, and it has the potential to unleash economic disruption that makes what the internet has delivered so far look like child's play.

Telstra CEO Andy Penn is better placed than most to watch it happen. Telstra is in the middle of it, through initiatives of its own such as e-health and through its wireless network, which supports a growing universe of apps. A Telstra SIM connection allows Tesla cars to connect to the internet in this country, for example. A new one helps graziers manage stock by alerting them when gates have been left open.

Penn also drives a Tesla, Elon Musk's sculptural electric rocket.

Read Malcolm Maiden’s story from BusinessDay in today’s Melbourne Age -“The Internet of Things: it's arrived and it's eyeing your job.”