Not that I'm a fan of government regulation for technology issues like this but the security situation is beyond a joke. For one, it's time to hold companies (and executives!) accountable for security of the data they are charged with protecting, often without your consent (eg Equifax). For another, insufficient product liability for companies being lax--even negligent--with security. Honestly I don't see an outcome…
> And all for what? So you can turn the lights on after you go through multiple steps to unlock your phone? I wanted network-connected lightbulbs so I could have them turn on at the time I needed to wake up, when that time was well before dawn. I never installed them because I didn't know how to secure them and my schedule got more reasonable, but I think the use case is pretty compelling.
I mean, an Internet connected light bulb use-case would a bulb that flashed whenever a stock you owned went down in price, which is ridiculous despite being the least ridiculous example I could think of.
IoT security cameras and an automated kitchen you phone to, to prepared you dinner if you were coming home unexpected seems like the least crazy IoT device an individual could own - most IoT stuff seems more like what a global company would want rather than an individual.