What The Internet of Things Means For Physical Industries

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The extension of the Internet to the physical world is a huge step forward and in this video Michael Mandel, chief economic strategist at the Progressive Policy Institute, talks about what this will mean for us. During the Washington Post Live's All Things Connected forum he explains that "the Internet has transformed digital industries, while the Internet of Things will transform physical industries." He estimates that 20% of GDP comes from the digital industries, which means that 80% comes from the physical industries. This shows that the transformation of physical industries can have a massive impact on the GDP. In addition he explains why he believes that the Internet of Things will be a job creator instead of a job destructor, as is often thought of technological advances.

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Dr Mark van Rijmenam

Dr Mark van Rijmenam

Dr. Mark van Rijmenam is a strategic futurist known as The Digital Speaker. He is a true Architect of Tomorrow, bringing both vision and pragmatism to his keynotes. As a renowned global keynote speaker, a Global Speaking Fellow, recognized as a Global Guru Futurist and a 5-time author, he captivates Fortune 500 business leaders and governments globally.

Recognized by Salesforce as one of 16 must-know AI influencers, he combines forward-thinking insights with a balanced, optimistic dystopian view. With his pioneering use of a digital twin and his next-gen media platform Futurwise, Mark doesn’t just speak on AI and the future—he lives it, inspiring audiences to harness technology ethically and strategically. You can reach his digital twin via WhatsApp at: +1 (830) 463-6967

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