Final answer:
The IoT is a paradigm that indeed involves the ubiquitous presence of interconnected devices in our environment, making it 'smart' and enhancing efficiency and user experience.
Step-by-step explanation:
The Internet of Things (IoT) indeed refers to a paradigm that involves the ubiquitous presence of a variety of objects (things) that feature embedded systems and can connect to the Internet. This enables them to send and receive data, affecting our environment by making it 'smart.' Therefore, the correct answer to the question is 1) True. IoT devices range from ordinary household items like smart thermostats and refrigerators to sophisticated industrial tools. By incorporating these devices, the aim is to create environments where the seamless integration of objects can lead to more efficient and optimized use of resources, improved safety, and enhanced user experiences.