Gene Fata, 80, owns eleven properties, and not too long ago, he was annoyed by the amount of backed up toilets and the high costs of heating in the winter. But, that was before DiMi. Gene’s son, Robert Fata, created a system called DiMi, which uses instant messaging to warn the landlord when a particular toilet is backed up or when the boiler in a particular building is turned up too high. DiMi has made Gene’s life a lot easier, and has brought down his heating costs down by 60 percent.
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Technological Innovations are often praised for increasing productivity and lowering costs. But, they also have another positive externality. Inventions like DiMi are also helping the environment. When DiMi warns Robert about the backed up toilet, it saves the amount of water that is wasted and at the same times lowers the water bill.
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