Welcome to aaron chua make money blog

Hi, welcome to my blog. In this part of my world, I talked about how to achieve financial freedom by learning how to make money online through creating sites and earning from them.

Below are some current and past make money projects that details my learning journey.

My current experiment in making 50 amazon site niches. If you have not been following this challenge, best place to start is this resource page for the amazon challenge, that lists all the articles that I have written so far.

My experiment in making 1000 a month through adsense in 9 months.

If you came here looking for low cost startup ideas, here are 140 startup ideas that you can browse through.

Monday, 10 November 2008

Idea generation #52: Internet of things

The Age has an interesting article on the Internet of Things. I deeply believe that as more and more atoms become connected to the web, it makes it easier and easier for virtual to affect the real and vice versa. This is kind of amazing becasue we can start to build things that really matters, that will help improve people's lives in the real world. Fitbit is one interesting example.

To prepare for the Internet of things, we need new foundations.

On the infrastructure side, we need a new backend to support data transfer between physical and virtual. As more and more data becomes connected, a new form of GNIP will also be necessary. Finally, we also need new ways of identification and security.

On the browser front, we need to create a new form of browser fot this Internet enabled world. Currently, the barcode reader/scanner acts as a form of browser. It is easy to imagine how to improve this by simply doing an open source barcode reader/scanner akin to what Firefox has done for the web broswer. However, the bigger opportunity is to recognise that RFID or barcodes are simply one way of connecting atoms to bits. How would a browser for other forms of physical-virtual connection look like? What would it display and how would it display?

On the social side, we need to create new forms of sharing mechanisms. These mechanism will enable more powerful sharing than ever before. If sharing information can get us wonderful things like Wikipedia and PatentLikeUs, what would sharing atoms or information about atoms enable? Can I now share with my travel history as recorded by my car? Can we form online relationships based on the paths taken by our pets as recorded by their collars? Can we build better safety models for home patients based on their life route data as recorded by the home itself? Can we organise the world's energy information based on what each and every smart energy meter is sharing?

I am excited about where all these can lead to. If you have thoughts about this, do leave a comment.