What is the Internet of Behavior? - IoB analyzes information collected from IoT from a psychological behavioral perspective. - It analyzes the data collected to gain insights and apply them to different business areas, like marketing, research, and advertising. - IoB gathers this information by collecting digital dust from internet users. How Does the IoB Impact Businesses? - It allows businesses to get a complete picture of their audiences’ choices, habits, personalities, and preferences. - The data gathered by IoB derive new insights that drive decision-making in the advertising and marketing sectors. - Engaging with customers will become easier than ever, as businesses will understand exactly what the customer wants. - Certain products, services, and even experiences can be tailored to the tastes of their customers. Ethical Issues Regarding the Internet of Behavior - Data security becomes trickier as malicious hackers can blackmail and extort people, leading to disastrous consequences. - Some people will find the amount of data collected and the customized ads and services a little too intrusive. For more detail read : https://www.plektonlabs.com/the-internet-of-behavior-a-boon-for-businesses-or-an-ethical-nightmare/