This has huge implications - imagine every "thing" having a freely-available API. Combine that with predictive analytics and we can come really close to predicting the future.
That's exactly the point.One of the most promising uses of data that might be transmitted with this protocol is Behavior Based Maintenance. Most equipment maintenance these days is time based; the new goal is to be able to analyze data coming from the equipment (vibration, fluid flow, temperatures, etc) and predict that a failure is imminent and send a service person out before the equipment even shows any outward signs of failing.
Most of the businesses that want to do this don't even have the data they need to get started and don't have a clue where to begin. Having an industry standard comms protocol may be just what it needs to really take off. I've been watching the space for a while, looking for an opening that a startup can fit into.
Don't get too excited just yet - actually putting a sensor on everything would cost a huge amount of money and anything besides a passive RFID tag or barcode would need a battery. Consumers would need to pay an extra few dollars for everything and would need to replace batteries on everything they own every year or so. These protocols don't really do anything - the research community has bounced stuff like this around for a while. Someone actually needs to build better hardware before the Internet of Things vision actually comes true.
Yes, and frankly the micro-managing boredom. From my perspective, any system like this is starting to serve the needs of the platform in place of the needs of the consumer.
My car already has a light for when the oil needs to be changed. I don't need an oil-changer showing up at my door or the service-station calling me.
We have to fight for every ounce of privacy these days - why should anyone be expected to turn the whole life of their family into, essentially, an EZ-Pass?? No thanks . . .