The document discusses the "Open Internet of Things" which refers to a new category of physical objects that are aware of their surroundings through capabilities like GPS positioning, memory, communication, and sensing. These "spimes" will number over 1 billion and will evolve the internet by adding sensor data and interactions with the physical world. The document outlines initial action plans and examples to spread the idea and involve people, with the goal of realizing this vision of an Internet of physical things within the next 1 to 100 years.