The document discusses the state of the Internet of Things (IoT) in 2015. It covers major acquisitions and failures in the IoT space, mature IoT businesses that have been operating for over 5 years, the thousands of IoT startups crowdfunding and in accelerators, risk-averse investors only backing startups that can survive past their first production run, and the many IoT platforms that have emerged. It also discusses why normal people should care about IoT and how to ensure IoT products are not hiding intentions, connecting things unnecessarily, or replacing human skills.