Guess what, we don't need an internet of things. It's not going to happen and you can tell that because it's been hyped for a decade now and has not produced any product that anyone buys.
I'm not sure that this is at all true. Maybe I'm using too broad a definition of IoT, but most people I know have some kind of IoT device. Admittedly, my direct friends are probably representative of a specific group, but... My apartment a few years ago (wasn't a luxury place) came with a Nest thermostat. My parents have a Nest thermostat as well as a smart lock. My sister has a smart toothbrush. My friend uses Tile…
What could there possibly be for a tootbrush to do that would require an Internet connection?