How the "Internet of Things" is transforming the global economy

The “Internet of Things” — defined as the connection of objects to a network, and each other, without using a computer — allows unprecedented access to and connectivity across wide swaths of the world economy. Coupled with mobile broadband networks, the Internet of Things is poised to revolutionize the world in a very brief period of time, leading to several salient questions: what does this next generation of technology innovation mean for the business sector, governments and everyday Internet users? How are these developments relevant to the United States’ and other nations’ efforts to reform education, support health care, reduce opportunity gaps in low income communities, and expand economic opportunity for everyone?