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Big Ideas 2023: Technological Convergence
FYI - For Your Innovation
Investing in Innovation Platforms - What's in Store for the Economy?
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At the end of 2022, you had $84 trillion in non-disruptive innovation exposed market value. And by 2030, we think that those legacy businesses, they might approve value, but it won't be at any kind of extra normal rate. It'll basically be on a real basis of 2% compounding and that the innovation platforms as they infiltrate every sector in the economy are going to accrue profound value. So we think more than $200 trillion in value will accrue to these innovation platforms with growth rates over 25%.
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