I've been trying to keep my job skills fresh so I can keep up with the "next big thing". But I'll be damned if I can figure out what the hell IoT really is and why it's taking off. Yes, I know it's connecting things to the internet. But to what end?
It will allow Apple, Microsoft, Google, the US Government, and others to turn every device in your home into a governance/surveillance device. It won't just be your TV watching you a la 1984, it will be your thermostat, your keyboard, your couch, your bedside lamp, hell, not just your bed but your baby's crib and the baby's rattle.
That is why they are so keen on the "Internet of Things." What? You thought it was to benefit you? Really? Then I've got a bridge in Brooklyn I'd like to sell you.