as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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describe what the internet of things does.
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the internet of things (iot) is a network of physical objects, such as sensors and devices, that connect to the internet to collect and exchange data. it allows physical objects to be connected to each other and the internet, enabling them to interact with each other and share data. this helps to create a smarter and more efficient world, where devices can be remotely monitored and controlled, and processes can be automated.
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