1 What is the Internet of Things (IoT)? O The ability to use the internet to bypass infrastructure development in emerging economies. O A term referring to a future time period when every existing object is hooked to the internet in some way. O The connectivity of devices such as security systems and electric appliances to provide the ability to send and receive information over the internet. O A future state in which most physical jobs will be eliminated and the majority of people will work through the internet