I installed Xcode 8.1 and the storyboard shows only blue lines, for all UI elements. If someone has figured it out let me know. I am unable to revert it to even Xcode 8.0.>
Ok, So finally I too got the blue line problem in Xcode 8.1
Here is the screenshot
We can see the error message:
An internal error occurred. Editing functionality may be limited
with a Report a Bug button on the right side.
Don't know why it happened. But I just quit Xcode and Simulator and restarted it. That fixed it and I got the UI elements back.