Re: Be Careful
Rob - while this was an interesting article about what governments are investing in IoT, I agree with you. Already users are concerned about privacy and security. The strength of America is in our entrepreneurial and free economy culture. I hope we don't go down the road of planned economies, with their corruption and inefficiencies. Today there is what we at IoT Perspectives call the "IoT Grand Convergence." Billions of dollars are being spent by semiconductor and other infrastructure companies to propel the Internet of Things. Look at ARM, Freescale, Intel, etc., cloud providers, networking companies, such as Cisco, etc. Many large companies are investing in IoT startups and technologies, we don't need the US government to do so. As you note so well, it's been a disaster when the US has acted like a venture firm and/or bailed out failing enterprises for short-term political gain.
We can ask local, state and federal government to reduce taxes and make it easier to be a device - not just a software company, as a number of IoT startups are finding they need to develop ICs and sensors that will do the job. But, as you write - NOT via huge new bureaucracies.
IoT is too critical to let our government drive it. I just don't want them getting in the way.