Are You Ready for “The Internet of Things” in 2014?

As next year draws closer, so does the world's largest consumer electronics show, the 2014 International CES in Las Vegas. Ahead of the big event, CES has published a booklet highlighting five technology trends to watch in the coming year. From driverless cars to digital health care, these are topics with which every investor should be familiar.

The first of these trends is "The Internet of Things." One example of this is Lowe's  (NYSE: LOW  ) Iris system, which ties together Wi-Fi connected devices like your thermostat, alarm, smart plugs, and security cameras -- all controlled with your smartphone or tablet. There's also the popular Nest thermostat, which learns from your actions and programs itself for more efficient heating and cooling.

In this video, Fool analyst Rex Moore chats with CES Senior VP of Communications Jeff Joseph about this exciting -- and challenging -- connected world.

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