With smart home technologies constantly growing in popularity, there are several things consumers should understand about these devices in regards to features and long-term benefits, as well as potential issues or privacy risks.
To find out which aspects of this developing technology people should be more aware of, I asked a panel of entrepreneurs from YEC the following question:
What is the most important thing consumers should know about smart home technologies? Why is it so important?
Here’s what they said:
1. There are some security issues
The smart home devices will obviously be working based on the information about you and your home, which means that they will collect a lot of highly sensitive personal data. The information like your movement, the location of objects in the house, your credit card details — all of this can be stolen and used against you. – Solomon Thimothy, OneIMS
2. Make sure to read the fine print
It’s really important the consumers actually read all the terms and conditions of these tools so that they can be aware of the privacy terms that they are agreeing to. Just because a service is free doesn’t mean you want to invite it