GE: Connecting machines could boost world's GDP by trillions

11/26/2012 | GigaOm

Automating communication machines via an "industrial internet" could increase global GDP by up to $15 trillion by 2030, according to a new study by General Electric. The study reported that being 1% more efficient could save $30 billion in aviation and that connected machines could save $150 billion across industries. Some jobs could become unnecessary through the innovation process, but the study says those could be replaced with new jobs that would be created.

View Full Article in:


Published in Brief: