Twenty years ago, the Internet created a gold rush of ideas, opportunities, and new businesses. The news was filled with stories of a new world to be built. Everybody had a billion dollar idea and a dot-com. Everybody was a founder planning an IPO. Then, all of a sudden, the bubble burst.
Today, there is a new gold rush, sparked by the Internet of Things (IoT). The news is filled with stories of self driving cars, smart solutions, and smart cities. Everyone has a disruptive idea that is going to change the world. Thousands of companies, new and established, are planning “smart” solutions. Marketing, hype and confusion are one and the same. And we’re just getting started.
Are we smarter now, or are we making the same mistakes?
This article lists 5 lessons from the past which can be applied to the current IoT craze :