By MIT Technology Review.
Let’s look at the impact of the economy. Every innovation/new technology or business which reaches the market will impact the economy too. To illustrate even more, AI impacts the economy too. So far, over the last few posts, but here I took a glimpse of major findings from this article.
To read the full article. I sincerely encourage you all the source link to visit further down below.
We are now in the early stages of the next technological revolution: the development of a ubiquitous wireless network that will marry data collection and computation with billions of devices. This will provide us with unprecedented insights and abilities that will change what we do and how we do it. This network is called 5G.
This unprecedented innovation will create a different economy, according to the landmark research project commissioned by Qualcomm and conducted by independent, third-party research firms IHS Markit, Penn Schoen Berland, and Berkeley Research Group. In addition to an in-depth analysis, 3,588 respondents — from business decision makers to technology enthusiasts and innovators — were surveyed. Leading economist and professor Dr. David Teece, the director of the Tusher Center at the Haas School of Business at U.C. Berkeley, validated the economic impact study results.
- 5G will generate new revenue.
- It will inspire new growth.
- It will accelerate innovation.
To learn more about the research conducted by IHS Markit, Penn Schoen Berland, and Berkeley Research Group, read The 5G Economy report.