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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	12/10/2016 2:24:44 AM
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3D Printing Taps 4th Industrial Revolution; HP Discusses Big Ambitions IBD: In a blog post, you said the world needs a new industrial revolution. How so? Nigro: The first industrial revolution was all about the invention of steam power, which really impacted the textile industry, going from cottages to factories. The second was about the invention of electricity and the division of labor. This created mass production assembly lines and changed again how the world manufactured. The third industrial revolution was relatively recent. It was about the invention of electronics and information technology. It allowed this whole concept of mass production of assembly lines to go global. We think that we're on the cusp of this fourth industrial revolution, which is about digitization, ones and zeros basically driving everything in the world, including your factories. These factories will become incredibly efficient but they will also become incredibly flexible. It will allow the creation of new products and completely new product categories. And once again it will change the world. It's inevitable and certainly will have a lot of benefits associated with it. investors.com

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