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I am often asked these days, "Is IoT really as transformative as all the buzz suggests, or is it a lot of hype?" My answer is simply, "Yes." And the road to here has been a fascinating interplay of academic research accomplishments, industry advances (often with other drivers), and standardization processes (for lack of a better term). It was predictable that today we would be poised for the "next tier" of the Internet to take off, but the endgame seems to be even messier than expected.
David Culler (Thu,) studied this question.