The latest news and headlines from Yahoo! Another trend is that despite global economic slowdown, China’s economic growth path and political system have been resilient. Network providers – the major telecom and cable companies – would now like to change the rules of the game and secure control of information exchanged over the Internet of Things for commercial gain.
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The Second Industrial Revolution telecom and cable companies would like to control the content and the traffic on the IoT, in order to boost their margins, and secure a monopoly by dint of their ownership of the “pipes.” Prosumers are equally determined to keep the Internet of Things an open Commons and find new apps that will advance network collaboration and a push to near zero marginal costs and near free goods and services.
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