You have heard of fitness apps that collect personal data. Well, now a system is in the works to quantify your car data as well. Eventually, it will make that data available in personal APIs for other developers to build on.
While we'd like to think that the phrase "Internet of Things" means gazillions of things connected to the Internet, the truth is that many of them are not really full-blown Internet nodes with their own IP addresses. In fact, the IoT is spawning all sorts of interesting API communication models.