Is the “Internet of things” the next bubble?

Steve Wozniak (Apple co-founder) thinks so.

Internet of things is where your appliances are connected to the web in an attempt to make them smarter and to be able to do cool new tricks, like tell you what’s in the fridge when you drop into the supermarket on the way home from work for an impromptu shopping top up.

Steve thinks that the demand and the desire for these smart appliances is there, but that the technology is not yet quite there and that we could be heading towards a similar crash as when the dotcom bubble burst in the 90s as the conditions are similar.

I hope it doesn’t burst too spectacularly as I quite like the idea of a heat pump that can read the forecast and your calendar and ensure that your house is kept at a good temperature automatically for the entire period you are at home without you having to think about it. Especially with the frosty mornings we’ve been having lately!

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