---
title: "ThingMonk 2016: Rachel Stephens - The Economics of IoT"
date: 2016-10-13T18:34:45Z
modified: 2017-02-20T15:51:16Z
permalink: "https://redmonk.com/videos/thingmonk-2016-rachel-stephens-the-economics-of-iot/"
type: video
status: publish
excerpt: ""
wpid: 773
series:
  - ThingMonk 2016
channel:
  - RedMonk Tech Events
featured_image: "https://redmonk.com/wp-content/uploads/2017/02/Vid-8-Rachel-Stephens-Thumbnail.jpg"
timestamp: 2017-02-20T15:51:16Z
tags:
  - ThingMonk 2016
  - RedMonk Tech Events
---

RedMonk’s very own Rachel Stephens lets the numbers drive the story as she spots trends in the current market and makes some predictions about where and how future investment will influence IoT development.
The data she presents describing how falling costs are enabling proliferation serve as a startling illustration of Jevon’s Paradox which Dave McCrory explained in his earlier talk on data agglomeration.