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The Internet is one of humanity’s greatest technical advances. Yet compared to great technological inventions of the past, it is also a colossal economic disappointment. ” For all its economic virtues, the Internet has been long on job displacement and short on job creation. million in 2010.
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I expect an almost limitless parade of such opportunities as drones, the Internet of Things, and nanotechnologies create data only dreamed about a few years ago. Similarly, Fitbit counts steps and provides some simple summaries that help people better manage their fitness.
Technological innovations ranging from smartphones to Big Data analytics to cloud computing make it easier than ever for new challengers – especially those unburdened by legacy systems or brick-and-mortar networks – to gain access to high-quality market information and mass distribution. Insurethebox, a U.K.
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