The data generated by an entirely connected world grants significant advantages to the people capable of accessing this information. Big businesses manufacture IoT products and control the data flow from around the world. Many people express frustration at the apparent influence of corporations in politics, and future hyperconnectivity conveys additional power to enterprises.
A hyperconnected society may also experience problems due to technical literacy, or the lack thereof. Less tech-savvy demographics lose out on the benefits conveyed by complex networks and complicated IoT configurations. They resort to less efficient processes or experience a lack of access to everyday conveniences.
The impact goes beyond blue-collar workers, affecting a significant portion of the employed population. The healthcare industry faces the largest losses. Approximately two million jobs supporting hyperconnected technology compensate for some of these losses, but these positions require highly skilled workers. Some countries experiment with basic income and other programs designed to ensure the quality of life for all residents, which helps minimize inequality created by an end-of-work society. Other strategies focus on improving skills training to create a workforce capable of adapting to new technology.