IoT was an early AI-type Hypewagon that reached it's inevitable end by disappearing in failed and unused products for the most part. Which also - as predicted - became an attack vector for bot farms. My dryer does not need connectivity - maybe a laundromat or something but that kind of special-use case is exactly what they're not doing.
Supposedly it had an app that would help find the umbrella if you lost it, and alert you if it was going to rain. I did not download the app so I don't know if it was any good. It was a freebie from a doctor's office