There is nothing bad in being literal. Take, for example the following (wrong) statement:

"By the end of 2013, we will create more new information every 10 minutes that we did in all of human history up to 2008—most of it rich media."

First, data is not necessarily information. Does a 4k TV show contain 4 times as much information (or new information) as the same in 1080p HD? I doubt. Yes, rich media is nice, but not for information - in most cases for comfort and entertainment.

Then, it gets even more tricky when you add the dimension of "what makes sense" to distinguish data from information, because it depends on context...

In the end it is important to define you terms. Like Dave did in his blog.

While I am at it: Don't miss the point that we can do a lot of smart and smarter things (no pun intended) when more "things" are connected, but we need to watch the cost as well. How much waste is produced to build and run all the new devices and connections? Anyone done the TCO?