Imagine you walk into a room, and the room is dynamic, right?
And – again – with your permission and all of that, you're interacting with the things going on in the room, a highly personalised, highly interactive and very interesting world emerges because of the disappearance of the internet.
Eric, we've had this for years. It's called the local pub, library, market, school, temple/church, etc. Life is about more than having rooms with RFID tracker enabled PIR light switches and 360 degree displays. Perhaps if you come out of your Matrix like world and join the rest of us you'll see your concept of IoT doesn't hold much value for us.
Let me say it in a way you might understand Eric, IoT doesn't have a "killer app" and isn't itself a "killer app", it's a novelty like the bearded lady at the circus and nothing more. For the vast majority of people light switches, programmable thermostats and plain old dumb sunglasses are just fine and even if you offer to upgrade us all to IoT crap for free I'm not sure it would be worth the hassle, never mind the intrusion, for most of us to take you up on it.
Now Eric, go outside and play.