The Currant Smart Outlet Helps Users Save Money With AI
Justin Lam — November 2, 2018 — Tech
References: currant & fastcompany
Designed to help lower your electricity bill, the Currant smart outlet is a new gadget that uses AI to find patterns in energy consumption. These patterns are further analyzed by the AI to give users a schedule for your gadgets to help save energy. The entire system is incredibly simple to use and easily plugs into an outlet and connects to a smartphone app. According to Hasty Granbery, founder and CEO of Currant, "the key for us here is to make the whole thing as easy as possible.”
While the immediate goal of the Currant smart outlet is to save money for the user, the ultimate goal of the gadget is to persuade people to change their lifestyle to benefit the environment.
While the immediate goal of the Currant smart outlet is to save money for the user, the ultimate goal of the gadget is to persuade people to change their lifestyle to benefit the environment.
Trend Themes
1. Energy-saving Technologies - The Currant smart outlet demonstrates the trend of using AI to analyze energy consumption patterns and help users save energy and money.
2. AI-enabled Gadgets - The Currant smart outlet exemplifies the trend of integrating artificial intelligence into everyday devices to enhance functionality and user experience.
3. Smart Home Automation - The Currant smart outlet aligns with the trend of incorporating smart technologies into homes to improve energy efficiency and convenience.
Industry Implications
1. Smart Home Technology - The Currant smart outlet offers opportunities for companies in the smart home technology industry to develop advanced energy management solutions.
2. Internet of Things (iot) - The Currant smart outlet showcases potential disruptive innovation opportunities for the IoT industry through its AI-based energy consumption analysis and scheduling capabilities.
3. Energy Management - The Currant smart outlet presents a disruptive innovation avenue for the energy management industry by providing users with actionable insights to optimize electricity usage.
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