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Is the Internet of Things just a bunch of hype?

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At the Internet of Things conference, where I've been this week, market enthusiasm is high. Proponents foresee a thousand potentially connected in each home, and a million outside the home in each city. Do the math: in the U.S. there are 125,600,000 homes, and 19,509 cities. That equals a potential of 144,109,000,000 connected devices. Dream or nightmare? It's the customary hype around new technology: the analysts predict that. In five years, blah,blah blah, and then all the players assume their…

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