Industrial Internet Research Paper (Essay Sample)

Week 2 Research Paper
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The short video is all about the impact of "The internet of things," for the mankind’s future as far as the global economy is concerned. In the clip, the economist behind the cast gives an insight on the transformations that technological advancement would bring to the economy. The invention of machines that have human features of feeling, seeing, reacting and sensing so that a more efficient operation can be carried out in the industrial sector which is the backbone of the world’s economy is the basis under which the production was one. For instance, airplane’s parts that give and alert when there is need for servicing or wind turbines that are capable of communicating with one another so that they can generate more electricity all forecasts a future that is exciting for the entire mankind. However, the article tries to show how if the current trend continues, human labor will be soon replaced by machinery, more so in the industrial sector. The cyber security approach that was robust and used to protect information that was sensitive and intellectual property as well as safeguarding the most critical infrastructure from cyber attacks as it is evident from the clip has taken over the economy(Annunziata, 2013).
The "Industrial Internet" has certain impacts to the economy which in include, the limited intellectual growth as people now rely more on the technology thus a re not getting mor...