Smart Home Sensor is a powerful new technology that promises to radically change the way we connect to the world around us.

But the technology is being used by some companies to build an IoT ecosystem that could radically change how we interact with the world, and this week, the Australian Securities and Investments Commission (ASIC) warned that this could be a “dangerous step” into “disruption” of investor-owned businesses.

“It’s a serious issue,” ASIC chair Andrew Pridham said in a recent interview.

“You have to make sure the investors who own the business are not going to be able to get in and disrupt the business.”

The ICO report highlighted a number of examples where investors are using smart home sensor devices to gain control over their home.

One example involves a home automation company called Hoot, which has built a sensor-powered smart light switch that monitors the temperature of the room and automatically switches it on or off depending on the weather.

“The idea is that if the thermostat is off, then it turns off the light,” CEO Sam Kavanagh told the ABC.

“If the temperature is high, then the light is on.

So it’s the light that controls the lights, it’s what’s going on in the house.”

Other examples of this technology involve Nest, which sells its thermostats in smart home devices.

The Nest Cam is an integrated product that can be connected to a smart home device.

But while Nest’s product can be controlled via an app, its connected devices can be monitored remotely via the Nest Cam.

“That’s the technology that makes this a little bit different from other smart home products,” Mr Pridman said.

“So this is not just something that can monitor a room, it can also monitor the Nest itself, and it can monitor the temperature.”

Mr Pradham also said the technology could be used to “automatically switch on” the lights when a doorbell rings.

The Australian Securities & Investments Commission warned investors against investing in “disruptive” IoT products like Nest.

“Investors should not invest in disruptive IoT products that may disrupt the company’s business or its products, and should not do so with the expectation that the company will deliver the expected returns,” ASIC said in the report.

“This may include investments in a company that provides services for the consumer to manage, monitor, control or operate their smart home system, or that has a business relationship with a third party to provide services for that third party.”