What the Internet of Things Means for Physical Industries [VIDEO]
The extension of the Internet to the physical world is a huge step forward and in this video Michael Mandel, chief economic strategist at the Progressive Policy Institute, talks about what this will mean for us. During the Washington Post Live’s All Things Connected forum he explains that “the Internet has transformed digital industries, while the Internet of Things will transform physical industries.” He estimates that 20% of GDP comes from the digital industries, which means that 80% comes from the physical industries. This shows that the transformation of physical industries can have a massive impact on the GDP. In addition he explains why he believes that the Internet of Things will be a job creator instead of a job destructor, as is often thought of technological advances.
Mark van Rijmenam is the founder of the BigData-Startups platform. BigData-Startups.com is the number one big data knowledge platform. It is a platform with the latest information on big data for organisations that want to develop a big data strategy. Mark is a strategist who advises organisations on how to develop their big data strategies. As such, he is a well sought after speaker on this ...
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