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With smart home technologies becoming more and more popular, consumers need to understand many aspects of these devices in terms of long-term features and benefits, as well as potential problems or risks to their devices. private life.
To find out what aspects of this developing technology should be better known, I asked the following question to a panel of YEC entrepreneurs:
What is the most important thing that consumers should know about smart home technologies? Why is it so important?
Here is what they said:
1. There are security issues
The devices for the smart home will obviously operate based on information about you and your home, which means that they will collect a lot of extremely sensitive personal data. Information such as your movement, the location of objects in the house, the details of your credit card can be stolen and used against you. – Solomon Thimothy, OneIMS
2. Make sure you read the fine print
It is really important that consumers actually read the terms and conditions of these tools in order to be aware of the privacy terms they accept. It's not because a service is free that you want to invite it to your home. Always read the fine print. – Nicole Munoz, Nicole Munoz Consulting
3. You can discover models to save more
The characteristics of the smart home that are largely neglected are the benefits of the data collected by them. Like Apple has released a feature that tells you how much time you use on the screen, just like your smart home when it comes to energy consumption. Whether you are looking to save money on some bills or are environmentally conscious, this data can tell you where to change your habits and save money. – Matthew CapalaAlphametic
4. The use could influence the way you act
I'm not going to say something as outrageous as "smart devices make you silly," but it's true that they can affect your thinking and acting. The transparent way that smart wizard users can compartmentalize reminders can change what they remember and how, and the casual manner in which we talk to them can affect our ways and our social etiquette. Consider these effects before using them. – Bryce Welker, Overwrite the CPA exam
5. Technology is profitable in the long run
The cost of installation and integration of various smart home technologies is high, but this results in long-term savings. Smart devices can be programmed to turn off at a specific time when no one is at home. AI would automatically turn off the devices without manual intervention. It is a long-term investment and we are only scratching the surface of its true potential. – Rahul Varshneya, Benchpoint
6. You must have a backup plan
Smart technology is useful and useful, but sometimes Wi-Fi turns off, the battery dies or applications fail. If this happens, make sure the old school way still works. For example, if you have an intelligent keyless entry system for your home, always keep your keys on you as a backup plan in case of system failure. – Syed Balkhi, WPBeginner
7. Smart homes can save you money
You can save a lot of money with a smart home. Include bulbs, thermostats, outlets, coffee makers, locks, security cameras, blinds, and more, in your smart home, and watch your monthly bills go down. This will free up money for the most important financial issues of your life. – Andrew Schrage, Money Crashers Personal Finance
8. Check the safety of the device
Consumers are concerned that smart devices share data with businesses, but they should be more concerned about the security of the devices themselves. The lax security results in the use of millions of hacked devices, especially smart cameras, in DDoS attacks and other criminal activities. Consumers need to understand the risks and avoid placing cheap unprotected devices on their home networks. – Justin Blanchard, ServerMania
9. They offer affordable luxury
Smart homes will bring a new level of luxury and extremely affordable comfort to a wide range of homes. It will be an important market and represent a new paradigm of interaction with technology. – Ryan D Matzner, Powered
10. Systems facilitate the purchase
Many smart home products will track your requests and purchases. Technology organizes and badimilates data to market the products that interest you. For some, this can be very helpful and lessen the burden of purchasing. However, their powerful marketing tools can result in more purchases than expected and hamper your ability to reduce spending on goods. – Matthew Podolsky, Florida Law Advisers, P.A.
11. Technology is not perfect – not yet
It's easy to forget that smart home technology is relatively new. Products like Amazon Echo were born just five years ago. So we are in the early stages of smart home technology. You only have to go online and find stories about mistakes. So, kiss him, but give him time to mature. – Ismael Wrixen, FE International
This article is part of our contributor series. The opinions expressed are those of the author and are not necessarily shared by TNW.
Posted on April 19, 2019 – 09:00 UTC
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