The article explores how the Internet of Everything (IoE) affects economic theory, focusing on how people's behavior is viewed in economics. It compares individuals in traditional economic theory to those in the IoE era, looking at whether people are seen as purely rational (homo economicus) or more realistic (homo sapiens). The Nobel Laureate Richard Thaler predicted that with the rise of IoE, the trend would lean towards more realistic views of human behavior. The article examines whether this prediction holds true, considering the possibilities of a reversal or continuation of this trend.