Some commentators prefer to use the term ‘internet of everything’ rather than ‘internet of things’. This makes sense considering we are talking about everything.
The rapid decline in costs of computing, sensors and connectivity means it is possible to make everything be “smart” (in a sense). What that means – in terms of benefits and drawbacks – is still to be determined. But out of the gate, IoT does seem a bit like IoE. Time will prune the list of applications to those which deliver real value. But in the mean time, yes, it could be the Internet of Everything.