So, you heard about IoT. You got your Apple Watch and your Intel Edison and you’re putting Doom on everything and your refrigerator is sending all kinds of emails. All you have left to do is check all the entries on your IoT shopping list and get your home fully automated, bring your life into the future. Before you worry about the technological singularity, though, you may want to consider something more immediately threatening: your rapidly emptying bank account.
According to Terence Eden’s recent look at the price of Things, a truly automated home is a bigger economic undertaking than it might seem to be at first glance. First, he points to sensors for his windows: