Internet entrepreneur and philanthropist Jason Hope has recently turned his attention towards the technology which will someday connect nearly every object we use. The so-called Internet of Things promises to expand the global network’s reach to nearly every appliance, vehicle and building system there is. Jason Hope believes this transition will carry with it innumerable benefits, but he also cautions that there will be significant new risks as more crucial infrastructure becomes vulnerable to security breaches.
A Futurist Philanthropist
Hope has always been interested in the future and the role technology plays in bringing about innovations that shape people’s lives for the better. Hope’s early success as a tech entrepreneur put him in a position to give back to the same scientific community which allowed him to become a millionaire in the first place. In 2010, he pledged $500,000 to the SENS Foundation, a high-tech research company that specializes in studying the aging process at the biological level. This turned out to be an important contribution to the foundation and helped to fuel many breakthroughs in the biotechnology of rejuvinative therapy over the ensuing years. Hope frequently cites this contribution as one of his proudest moments in business and as a direction in which he hopes his career will continue.
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But more recently, he has turned his attention to the white-hot sector broadly referred to as the Internet of Things. Hope sees this emerging industry – the interconnection of smart devices and the automation of previously dumb devices, such as thermostats – as the defining new market of the next ten to twenty years. He envisions a world in which total interconnectivity virtually eliminates inefficiency and permanently frees all people from menial labor.
Hope sees the Internet of Things as being an all-pervasive system of interconnected gadgets which will enable data collection and optimization on a level never before dreamed of. He contends that this will extend from manufacturing to homes to every facet of business. Already, cities like Songdo, South Korea, are being outfitted with sensors, actuators and data collection devices to create an all-encompassing smart environment. These incredible new systems will allow for the constant collection of data and tweaking of things such as building energy expenditure based on optimization of hosts of parameters. Hope sees the Internet of Things as the clear path to a better future and is dedicated to bringing it to pass.