The cost efficiency, convenience, simplicity and security
of connecting things will drive wider societal changes.
The sharing economy will grow and flourish, expanding
to personal vehicles and household gear. Neighbors will
check online to see whose car might be available for use,
or borrow a chainsaw from the local home store and pay
only for the time they use the tool. Eventually, the ability
to track usage will create new service categories. Rates
for insurance and healthcare will be based on usage and
behavior, which can be tracked through IoT.