@Max - Of course. AR however is essentially powered by the same data. It's really just a platform for managing the bridge between the real world and the physical world. Since there's no real "AR Hub" (yet), the AR would go away as soon as the infrastructure (Internet, Carriers, databases) were no longer available.
I do think there's some possibility in the future for scalable Computer Vision libraries and architecture. Imagine something along the lines of a cloud system where you could store thousands of images, virtual content and other associated content that would automatically tie in to your experience, whatever it was.
If that happens, then yes, that would be a very sore loss for people and companies involved if it were to go away.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Are the design challenges the same as with embedded systems, but with a little developer- and IT-skills added in? What do engineers need to know? Rick Merritt talks with two experts about the tools and best options for designing IoT devices in 2016. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.