IoT, AI and 83 problems - IoT Agenda

This is the first part in a collection of articles covering IoT and AI. There is a parable in Buddhism about problems: It says that we all have 83 problems, and as we take one away, another appears to take its place. I don't know about you, but I am pretty certain that the same applies to the Pareto principle. Many are all familiar with the Pareto principle, or the 80/20 rule: 20% of your effort can yield 80% of the desired value, while 80% of your can yield 20% of the desired value. Whether it be sales, relationships, learning or the arts, this rule informs us that focusing our efforts on the right 20% will drive the most impactful outcomes.