This document discusses the pros and cons of the Internet of Things (IoT). It notes that while IoT enables automation, efficiency, cost savings, communication and instant data access, it also raises privacy and security issues. Additionally, IoT networks are complex and compatibility issues can arise. As IoT increases automation, fewer unskilled jobs may exist. Society could also become overly dependent on technology. However, the future of IoT is promising with an expected 50 billion connected devices by 2020. This growth is creating high demand for IoT professionals in fields like development, security, and systems administration.