[Commentary] If we could better control the physical world, how might we improve our lives? This question is being asked by daring mobile innovators in laboratories, startups and garages across the country as the connected revolution moves from smartphones to the world around us.
An exploding ecosystem, already numbering 10 billion connected devices, is a prime venue for economic transformation and exponential growth. We are on the verge of another wireless-driven technological revolution fueled by a vast sea of connected devices. Today, total global revenue from the Internet of things is $200 billion. By 2020, that revenue is estimated to reach $1.2 trillion. Pragmatic policy choices can help ensure continued American leadership in the innovation economy. To advance the emerging connected device revolution, we need to continue to free up spectrum for commercial wireless use, and accelerate the transition to IP networks. President Barack Obama has already taken important steps to make more spectrum available and accelerate the transition to faster and more capable next-generation IP-based wireless LTE networks. It is absolutely essential that we continue to invest and upgrade our next-generation networks today in order to keep pace with innovation and meet the wireless demands of consumers and businesses tomorrow.
To amplify the benefits when things start talking, policymakers need to start talking too. They need to ask for a bigger vision and bolder action for a brighter connected future. With pragmatic policies that tap our talent and tenacity, harness innovation and investment and expand wireless capacity and digital networks, the coming connected device decade will forever change our daily lives.
[Kohlenberger is a former White House policy advisor to two US presidents and is president of JK Strategies. He serves as executive director of jobs4america and serves on the board of the Benton Foundation and the Advisory Board for Mobile Future.]