But George, to those "spending" that seed money, it's seen as an investment. Meaning, if they spend those millions today, within 5 years or so, they are expecting far more money to be coming in. And to the State, that means a steady flow of new revenues.
If those same investors became philanthropers, donating to schools and universities, that would be great. But would the State coffers get a steady stream of new revenues of equal size?
Like it or not, there are a lot of people out there who are compulsive gamblers. It's the craziest thing I've ever seen. I went to a conference a few years ago, in a casino hotel in Biloxi MS. In order to get to the conference rooms, we had to go through 3 smoke-filled floors of gamblers. It was busy at all times of day, as far as I could tell. Booz, cigarttes, and gambling. They seem to all go together.
If Maryland wants to replace its horse-racing deficits with other forms of gambling, I guess it shouldn't be surprising. (They won't get a dime from me, though!)
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.