Chapter 9

The Value of Information and the Internet of Thingsa

Ira S. Moskowitz; Stephen Russell; Niranjan Suri    * Information Management and Decision Architectures Branch, Code 5580, Naval Research Laboratory, Washington, DC, United States Battlefield Information Processing Branch, Computational Information Sciences Directorate, Army Research Laboratory, Adelphi, MD, United States

Abstract

We investigate a theory for the Value of Information (VoI) with respect to the Internet of Things (IoT) and IoT's intrinsic artificial intelligence. In an environment of ubiquitous computing and information, information's value takes on a new dimension. Moreover, when the system in which such a volume of information exists is itself intelligent, ...

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