Session+_22+-+Internet+of+Things+Augmented+Reality

Session+_22+-+Internet+of+Things+Augmented+Reality -...

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Analysis of Emerging echnologies Technologies ternet of Things and Augmented Internet of Things and Augmented Reality December 6, 2010 1
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ww coursesurvey gatech edu www.coursesurvey.gatech.edu
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General Framework for the Course Identify the echnology Consider the Technology and e System in Make Predictions / entify Technology the System in Which it Operates Identify Opportunities Scanning and orecasting Innovation diffusion and chnology acceptance Forecasting Invention technology acceptance Technology platforms, network effects, standards, and frastructure infrastructure Stakeholder Impacts / Sustainability Information Implications Laws / regulations / ethics 3 Creation, analysis, and implications of new data
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Information Availability and Adverse Selection Progressive offers “pay as you drive” auto insurance. Considers your actual driving behavior to determine your rate. Plug device into vehicle diagnostic port. Device records: • Vehicle speed ime of day • Time of day • When device is connected / disconnected • Vehicle Identification Number Other data (miles driven, acceleration and braking rates) derived mathematically. Does not track: • Where you’re driving (no GPS) yg ( ) • Who is driving. Adjusts policy based on: • When you drive. http://www.progressive.com/snapshot/common-questions.aspx • How much you drive. • How you drive. Good idea for Progressive? Good idea for drivers?
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Adverse Selection A couple of ways to analyze this situation. If you drive carefully (and very little), would you sign up for Progressive’s Snapshot? If you drive recklessly (and a lot), would you sign up for Progressive’s Snapshot? Insured Pool Everyone pays $100 / month (depending on demographics, etc.) ood” Pool ther” ool Good Pool Other Pool conomics Term is hose policy should be more expensive? Economics Term is “Adverse Selection” Whose policy should be more expensive? Same principle could apply to DNA testing. If you don’t get the device, you are assumed to be a higher risk.
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Negative Externality I wish you would drive less than you do. Your driving negatively affects me. Economics term is Negative Externality : When the action of person A negatively affects person B, but B has no control over what A does. Negative externalities of driving? Congestion : Wasted fuel and lost productivity cost the U.S. $78 billion / year. Carbon : Carbon emissions impose a social cost f $20 billion / year of $20 billion / year. Accidents : Estimated at $220 billion / year. Heavy drivers contribute to these problems more than light drivers, yet don’t pay disproportionately more (aside from gas and maintenance). http://http://www.nytimes.com/2008/04/20/magazine/20wwln-freakonomics-t.html Hence, the Pay-As-You-Drive initiative. Similar externalities associated with health care.
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earch and Data Visualization Search and Data Visualization
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Mining Text for Meaning: Sentiment Analysis Sentiment Analysis: Determine whether the expressed opinion in a statement or document is positive, negative, or neutral (and to what degree.) tatisticians at U of Vermont ( odds nd
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Session+_22+-+Internet+of+Things+Augmented+Reality -...

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