You may be familiar with the Internet of Things, a network of connected devices (and people) that is expected to number around 26 billion by the year 2020. To better understand IoT, I recommend that you read two articles I wrote last year. The first is A Simple Explanation of the Internet of Things and the second is Everything You Need to Know About the Internet of Things. The industrial internet builds on this concept by focusing on connecting large, complex machines such as jet engines, turbines, locomotives, and the like. What will a world look like when devices as small as your watch to as large as a jet engine are all connected to each other and to people?
In this episode of the future of work podcast, I speak with Rich Carpenter who is the Chief of Strategy for GE in their Intelligent Platforms division. Carpenter shares fascinating insight around how connected machines (usually very large machines) and devices are going to impact our economy, our jobs, and our future. He shares several examples and provides some great advice for business leaders and employees alike. Carpenter also touches on the importance of creating more data scientist jobs at companies around the world. This is definitely an interesting look at what the "industrial internet" is going to look like, we even touch on the possibility of a Skynet-like scenario happening! Listen to learn more!
What you will learn in this episode
- Rich Carpenter’s background and his work at GE
- What is the “industrial internet”
- Carpenter’s views on Millennials and the industrial internet, and GE’s efforts
- How the average consumer interacts with the industrial internet
- Privacy and security: a perspective on the risks we face with expanding connectivity
- Big Data and the industrial internet — the roles of data science and data engineering
- Carpenter’s perspective on the effects of robots, technology and automation on human jobs
- Industrial internet applications for companies in other industries and in the workplace
- The industrial internet market forecast
- The impact of the industrial internet on the future of work for employees and organizations, and what we should be thinking about and doing
- Final thoughts from Rich Carpenter
Jacob Morgan is a futurist, author, and speaker. You can get the first 30 pages of his book for free as well as weekly content on the future of work by subscribing to his newsletter.
