"Internet of things", Phase 2, Physical World Connection, and even Physical World Web 2.0 it will change, create many multi-billion dollar industries.
From the BBC UN predicts "Internet of Things"
Changes brought about by the internet will be dwarfed by those prompted by the networking of everyday objects, says a report by a UN body.
The study looks at how the use of electronic tags and sensors could create an "internet of things".
The so-called Internet of Things is predicted to offer new business opportunities for all, from manufacturers to the telecoms industry, and create entirely new markets.
Radio Frequency Identification (RFID), sensors, robotics and nanotechnology will make processing power increasingly available in smaller and smaller packages so that networked computing dissolves into the fabric of things around us.
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