Have fun smashing shit apart?... (47.37)
Taylor: IoT, you know?
Bobby: Sure, Internet of Things.
Taylor: When companies that make appliances and digital thermostats contract with the firms that manufacture the microchips to make their products smart, the connected things inside, they force the chip companies to sign nondisclosures.
Bobby: They don't want their competitors to be able to mimic them.
Taylor: Right, so it's hard to know which chip companies are poised to dominate the market. My theory: If we could find a common component among a bunch of varied devices You could reverse-engineer it.
Bobby: You have fun smashing shit apart?
Taylor: A blast. And I found a component that matched the specs for a Quartes chip. So I called Quartes and claimed to be building an Internet-connected washing machine that sends a message to the owner when the laundry is done. Got the full specs on their latest chips.
Bobby: And they matched.
Taylor: That they did.
The Internet of things (IoT) is the network of devices such as vehicles, and home appliances that contain electronics, software, actuators, and connectivity which allows these things to connect, interact and exchange data. The IoT involves extending Internet connectivity beyond standard devices, such as desktops, laptops, smartphones and tablets, to any range of traditionally dumb or non-internet-enabled physical devices and everyday objects. Embedded with technology, these devices can communicate and interact over the Internet, and they can be remotely monitored and controlled.