What is "dumb" in dumb widget? I know usually that refer to a dumb person... but I have no idea what it means when it reffer to an object
6. Upselling a premium product
If you make widgets, the simplest way to create value through IoT is to make a high-end “connected” or “smart” widget and sell it at a premium. But despite its simplicity, this business model is most likely to fail because it assumes that your customers are willing to pay more for a smart widget than a dumb widget– and that is not always the case.
It seems to be a pretty recent term from military hardware—bombs, to be specific. They developed smart bombs, which are bombs that have the ability to do more than merely plummet. They track themselves with GPS and guide themselves to the target, or they have a camera in the nose and use artificial intelligence to identify targets, etc.
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
It seems to be a pretty recent term from military hardware—bombs, to be specific. They developed smart bombs, which are bombs that have the ability to do more than merely plummet. They track themselves with GPS and guide themselves to the target, or they have a camera in the nose and use artificial intelligence to identify targets, etc. Bombs without such capabilities became known as
anonymousWhat is "dumb" in dumb widget?
simple, plain, unadorned, ordinary, unexceptional
CJ