Corporate earnings are set to rise more than 20%. Productivity gains in excess of 5% of global GDP are possible. And $650 billion of new industrial spending is likely. That’s all according to "Capital Goods: Data Era Investment and the ‘Second Machine Age,’" a new report from Morgan Stanley Research. It examines how advances in information technology are tilting the landscape. Spoiler alert: Investors need to get ready. Most of the conclusions are going to seem familiar. Research firms and consultants have been hyping the Internet of Things, robotics and artificial intelligence for a long time. The idea that future factories will be hyper-connected — and filled with smart robots that can learn from, and work alongside, humans — is the promise that never seems to get fulfilled. Elon Musk, the mastermind behind SpaceX, ...To read the rest of Jon Markman’s article, click here...
NASA-incubated healthcare provider is out of this world
Modern telemedicine was born in 2001 when NASA engineers were given the task of providing extended healthcare to astronauts flying ...Read more
