The Big Story: White House tees up AI, 5G work. The White House will take steps in the coming weeks to boost the U.S.’s competitiveness in the fields of artificial intelligence and 5G, the next generation wireless network, according to reports out this week. Those specific tech policy areas are ones where policymakers have expressed concerns about losing out to other countries, including China.
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Investing in the Internet economy of tomorrow
The incredible growth in mobile internet use over the past few years is nothing short of staggering. There are now around 6.4 billion internet connected devices worldwide, and that number is increasing by 5.5 million every single day. Some predictions suggest that we could reach over 20 billion connected devices by 2020, prompting a boom in the startups that will build the gadgets and services powering the coming Internet of Things (IoT). But such optimistic estimates assume that we’ll have the infrastructure to support billions of these connected devices.