Today’s technological innovation is regarded by many as all about social media and entertainment, with no impact on economic growth. This column argues that such scepticism is premature. A closer look at selected industries suggests that the ‘industrial internet‘ – a network that binds together intelligent machines, software analytics and people – through accelerated adoption of sensors and software analytics, will have a powerful impact on productivity and growth.VOX.eu
The next productivity revolution: The ‘industrial internet’
Marco Annunziata | Chief Economist and Executive Director of Global Market Insight, General Electric Co.