The “Internet of Things” (IoT) is poised to be as much of a disruptor as the internet. Putting it simply, IoT is a network consisting of sensors that are embedded in physical devices that collect data, which is then transmitted to a server where it is amalgamated and analyzed. The health-care industry embraced the technology early. But the risks involved in embracing this technology are inadequately understood, and with unknown risks also come undefined liability.
IoT and Health Care: Diagnosis and Prognosis
British technology entrepreneur Kevin Ashton, a cofounder of the MIT Auto-ID Center research group, ostensibly coined the term “Internet of Things” (IoT) in 1999. Since that time, the Internet of Things has continued to grow exponentially. An estimated 50 to 100 billion devices will be connected to the internet by 2020. By 2035, estimates climb to 1 trillion connected devices with 100 million apps. IoT proliferation has touched almost every industry sector from retail to insurance to farming.
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