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The End of OwnershipPersonal Property in the Digital Economy$
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Aaron Perzanowski and Jason Schultz

Print publication date: 2016

Print ISBN-13: 9780262035019

Published to MIT Press Scholarship Online: May 2017

DOI: 10.7551/mitpress/9780262035019.001.0001

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The Internet of Things You Don’t Own

The Internet of Things You Don’t Own

(p.139) 8 The Internet of Things You Don’t Own
The End of Ownership

Aaron Perzanowski

Jason Schultz

The MIT Press

The smart devices that make up the Internet of Things induce consumers to cede control over the products they buy. Devices like smartphones offer real benefits, but combined with embedded software, network connectivity, microscopic sensors and large-scale data analytics, they pose serious threats to ownership and consumer welfare. From coffee makers and toys to cars and medical devices, the products we buy are defined by software. That code gives device makers an increasing degree of control over how, when, and whether those products can be used even after consumers buy them. That shift of control has profound implications for ownership.

Keywords:   Internet of Things, IoT, Smart devices, Networked devices, Jailbreaking, Open source, Software, Right to repair, John Deere, Keurig

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