Categories
The Internet is no longer just about email, ecommerce or Twitter. “We are at an inflection point,” says Joe Salvo, manager of Complex Systems Engineering Laboratory at GE Global Research. “The next wave of productivity will connect brilliant machines and people.”
But before that happens, they must find a common language. “It’s still like the Tower of Babel,” Salvo says. “We need to bring them together in powerful new networks.”
The first Industrial Revolution was about machines, the second about technology, and the third will take place inside the “Brilliant Factory,” says Christine Furstoss, global technology director at GE Global Research.
Massachusetts Institute of Technology has educated some of the sharpest engineering minds and its magazine, MIT Technology Review, reports on the latest advances from the intersection of innovation, technology and business. The Review’s editors released on Monday its annual global list of the 50 smartest companies “that have displayed impressive innovations in the past year.” Their list includes GE for the third time in a row.
No barrier to running a profitable airline looms larger than the cost of jet fuel. U.S. airlines spend more than a third of their operating budgets on fuel, or $50 billion in 2012.