IoT is a buzzword that is progressing through the hype cycle faster than the technology that enables it [1] - 'Appcessories' is a better term for the things ava

IoT is a buzzword that is progressing through the hype cycle faster than the technology that enables it [1] - 'Appcessories' is a better term for the things available to us right now, since they're inevitably tethered to smartphones or someone else's backend. There are people working on new toolstacks for the difficult problems around decentralised systems [2] but it's important to realise that business models must also adapt. Until that happens, each smart device is just another mechanism for farming user-data (a la 'big data'). [1] Incidentally, 'Cloud' was a term that lagged the technology (we were already using it before the term was coined). [2] e.g. I'm working on Mirage http://openmirage.org/wiki/overview-of-mirage http://openmirage.org/wiki/overview-of-mirage and Nymote http://nymote.org/blog/2013/introducing-nymote/ http://nymote.org/blog/2013/introducing-nymote/