Home Automation: Gains in Efficiency but Risks Are Uncertain – ThinkAdvisor

The Internet of Things (IoT) promises a revolution in how we live, connecting our homes to our smartphones and other mobile devices. Already, a variety of appliances and devices like refrigerators, washing machines, thermostats, security systems and even the insides of walls are embedded with sensors, enabling them to exchange data with each other and with us.

This information flows wirelessly over the internet to provide useful information, such as when an appliance is in urgent need of maintenance, or that someone has violated the home security system. Using just our smartphones, we can effectively run the home, turning the thermostat up before pulling in to the garage, or switching on lights when we’re out of town.


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