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Internet of Things: Utopia? Horror Show? Both?

Jan. 8 (Bloomberg) -- At the International Consumer Electronics Show in Las Vegas, an annual carnival of corporate hype and techno-hoopla, John Chambers, the head honcho at Cisco Systems Inc., described an emerging phenomenon in terms that were sensationalist even by Vegas standards.

“It will be bigger than anything that’s ever been done in high tech,” he said. “It will change the way people live, work and play.” And, oh yes, it’s a $19 trillion opportunity.