a). Pretty soon 1bahzillion new Things – light switches, hospital beds, refrigerators, soap dispensers – will get connected to the Internet of Things.
b). In order to connect to the Internet of Things, these 1bahzillion Things will either have to plug into a wired network Thing port, or connect wirelessly to a WiFi or cellular Thing antenna.
c). Each wired network Thing port and Wifi/cellular Thing antenna has to be connected to a network Thing router that sends network Thing traffic from 1bahzillion Things to the Internet of Things.
d.) Since we have a 1bahzillion new Things on the Internet of Things, we will need (rough estimate) .43bahzillion new network Thing routers to handle Internet of Things Thing traffic.
e). It logically follows, we will need more Thing servers to process and store Thing information from .43bahzillion network Thing routers hooked to a 1bahzillion Things sending Thing traffic to the Internet of Things. By my calculation we’ll need about .27bahzillion new Thing servers to do the job.
After a while, the Internet of Things will fail to deliver enough ROI to cover costs. I know this is hard to believe.
f). In about five years .27bahzillion Thing servers and .43bahzillion network Thing routers connecting 1bahzillion Things to the Internet of Things will start wearing out and will need to be replaced (Bean Counters will call this ‘Thing Depreciation’).
g). Executives who run Internet of Things companies will not want to shell out a bunch of money to replace so many Thing servers and Thing routers because if they did, their bonuses would be reduced and they would not be able to pay for their beamers, yachts, and divorces.
h). Therefore the cost of replacing .27bahzillion Thing servers and .43bahzillion network Thing routers needed to connect 1bahzillion Things to the Internet of Things will be passed on to patients, customers, consumers and taxpayers.
Please contact me with your questions.