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The great inflection: how 5G is creating productivity for businesses

Graeme Leach,
CEO and Chief Economist, Macronomics

 

Although people are still talking about continued secular stagnation from the 2010s, and that is now compounded by COVID-19, the world could actually be on the cusp of a transformational acceleration in productivity growth. There are profound reasons why we haven't seen that acceleration to date, but we can expect to see change from the mid-2020s onwards, as we move from simple to complex digitization. Simple digitization is the dots. Complex digitization is joining them all together. In this discussion with Amber Mac, Macronomic’s Graeme Leach looks at the numerous reasons why 5G promises to be transformative for the economy as it brings humans and machine closer together in harmony.