IEEE Technology and Society Magazine - September 2017 - 11

OPEN LETTER

Jefferey Dungen

Fear Not
Distribution
that Works

e recently attended
the inaugural Digital
Future of Work Summit
at New York University
where Michael Chui,
Partner at the McKinseyGlobal
Institute emphatically responded to
a question saying:

W

I'm more afraid of income
inequality than I am of Skynet!

Two weeks later, we attended
the IEEE RFID Conference in Phoenix where Professor Katina Michael
equally emphatically responded to a
question saying:

the collective machine intelligence
antagonist in the Ter minator film
franchise, albeit with the opposite
intent - our vision is ubiquitous
machine-contextual-awareness at
the service of humanity.
What we see instead is the emergence of a Pervasive Sharing Economy which will empower resources,
both material and human, to advertise and optimize their utility. And
the pioneering spirit of the Internet
and its proponents provides cause
for optimism, as we argue in our
post  Vint Cerf and the Good Fight
for the IoT.
Ultimately, however, financial
interests  will determine if and

I'm afraid that [Skynet] will
exacerbate the problem of
income inequality!

¡Hasta la vista, middle class! Will
that really be the outcome of pervasive
computing and the Internet of Things
(IoT)? Because you can argue that we
are building the equivalent of Skynet,
Digital Object Identifier 10.1109/MTS.2017.2738080
Date of publication: 7 September 2017

SEPTEMBER 2017

∕

IEEE TECHNOLOGY AND SOCIETY MAGAZINE

when this vision is realized. That
is why we argue for  Investing in
a Va lue-First Sharing Economy.
Investing in the paradigm of  connecting  rather than  collecting
information is perhaps all it takes
to reverse our collective fear:
How will we distribute the
unprecedented amount of
value unlocked through massive gains in efficiency?

h t t p :// r e e l y a c t i ve .c o m / b l o g /
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