2.3.1 People must be connected
Data alone serves no purpose. A large amount of data which no one can access, serves no one. Organising that data and transforming it into useable information enables people to make better-informed decisions and take appropriate actions. This creates economic value in an economy that is enabled by the internet of everything.
This is why people is one of the four pillars. People are a central figure to any economic system. People interact as producers and consumers where the intent is to improve well-being by satisfying human needs. Whether the connections are people-to-people (P2P), machine-to-people (M2P), or machine-to-machine (M2M), all connections, and the data generated from those connections, are used to enhance the value for people.
The internet is teeming with data. Having access to the data and then taking action based upon the knowledge gained from this information is what the IoE is all about. For example, when Jack Andraka was a 15 year old high school student, he accessed information on the internet to develop a test that could detect pancreatic cancer at a much earlier stage when chances for survival are significantly better.
What would you do to make your world a better place?