Apple Inc. Co-Founder Steve Wozniak Believes The Internet of Things Bubble Could Burst

By Leo Sun - The Motley Fool, Jun. 10, 2015 – 

Apple (NASDAQ: AAPL) co-founder Steve Wozniak recently warned that the Internet of Thing, or IoT, market could be reaching a "bubble phase" comparable to the dot-com bust in the late 1990s.

Speaking at the World Business Forum in Sydney, Australia, Wozniak said, "I feel it's kind of like a bubble, because there is a pace at which human beings can change the way they do things." He pointed out there were "tons of companies starting up," but that some might have overestimated the appeal of connecting everyday objects to the Internet.

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