Recently, a company that made a device for controlling things around the home, lights coffee pots etc. The company making the product was acquired, and they decided to discontinue supporting the app that allows you to control that device (basically a thermostat with a computer inside it)
Since that device connects to the central service in order for people to use it and that cloud service is discontinued; therefore, if you bought that device it is just a brick now that you cannot access from your mobile device since you cant connect to the cloud that once hosted the app for that “smart thermostat”
Thus, I see without SAFE there will be no IoT because of extraordinary risk that an individual service provider stands in between you and the lengthy operation of the device. IoT companies could be designing protocols that function across the SAFE Network and therefore would not have a critical dependency for their customers on centralized cloud services to keep their devices in a usable state.