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Economist: The Internet of Things will deliver surge of productivity

Patrick Thibodeau | May 6, 2015
Harvard economist Michael Porter foresees an IoT-led "real opportunity for a surge of growth -- a surge of productivity, a surge of innovation".

Security will be a big challenge, "and we will beat it back over time to a level of submission that we can live with," said Heppelmann.

Charles Baker, the governor of Massachusetts, also spoke at this conference, and outlined the state's interest in developing IoT industries.

"We are going to find an avalanche of new industries, new businesses, new products, new ways of thinking about things," said Baker about the IoT.

 

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