LONDON, UK–(Marketwired – January 12, 2015) – The homes of the future will be simpler, safer and more sustainable – or so some of us believe. The latest issue of The New Economy delves into the subject of smart home technology and asks whether we can sacrifice personal security in exchange for convenience. This technology is expensive, provides minimal energy efficiency improvements, and in the worst case scenario can allow hackers to enter your living room.
Smart home technology has long been the stuff of science fiction, but it's rapidly making its way into our living rooms as companies look to cash in on the Internet of Things. In our New Economy Special Report, we look at some of the latest developments and ask at what cost can smart home technology be implemented as the next best thing?
“Market research shows very strong demand for smart homes in the coming years,” said Kevin Wen, president of emerging smart home technology company D-Link Europe. But connecting your home to the Internet means exposing yourself to broader risks, and only time will tell whether consumers are willing to make the sacrifices.
The Winter 2015 issue of New Economy also examines the prospects for a common energy market in Europe, the idea of mass internet surveillance, and the decline of the Barbie doll.
For the biggest stories in technology, energy, business and strategy, pick up the latest issue of The New Economy online, on your tablet or in print now.
http://www.theneweconomy.com
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