Let's get serious. This initiative is not about toilets, smart flushing and homeless.
I'm fine with it as long as I don't have to have anything always connected to internet, sync data in the cloud and be forced to agree/manage/monitor gazillions of privacy changes, terms and conditions where companies decide to update and change their data protection acts, the ways the share, store and manipulate my data.
Maybe we should firmly keep big technology companies, already in tune with the NSA friends, get closer to our families and private lives. The last thing I'd want is Google, Bloomberg, IBM, Facebook and Cisco circulating all my activities (toilet flushes including) for the sake of my children, future nephews and my neighbours to NSA, have my own cars or my own house lock me out because Palantir discovered about my passion for Moroccan tea or my kid flies a Chinese quadcopter in the backyard.