Internet of Things to Surge Productivity

Had not thought of the connection directly, but a reasonable idea, and information technology has done that. Efficiency, and disrupting innovation?    An economist's view. 

" ... The view from Harvard's Michael Porter, an economist noted for his work on competition, is that the last 10 or 15 years have been "pretty dismal" for the economy. The IT- and Internet- driven innovations over the past four decades or so have played themselves out. The rate of investment and innovation "has been slowing down," he said.

But that will change thanks to Internet of Things (IoT) technologies, which will deliver "tremendous" efficiency gains, he said.

At the ThingWorx conference here, organized by the IoT platform company of the same name, Porter put context around how the IoT efforts of many individual companies will lead to overall economic improvement. ... "