Just when you thought you had a reasonable handle on the internet, in terms of how it can make your life easier, and how it can help you grow wealth, a new internet wave is coming our way – big time. It’s called the ‘Internet of Things’, and it’s got the potential to connect 28 billion ‘things’ to the internet by 2020, ranging from bracelets to cars. One of the most talked-about examples of this new wave is the Apple Watch – but there are, and will be, countless others as nearly every facet of our world and lives, including our homes, are swept up within the internet.
The Internet of Things will create new winners and leave in its wake a host of losers based on companies’ abilities to adapt to a world where things are connected. Goldman Sachs identifies some of the industries and technologies that will be among the first to be disrupted, and areas where the main opportunities are likely to lie.
To read the report in full, click here