Capital Markets Summer 2020

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A New Era Emerges Accelerating Innovation

• Research has shown that technological revolutions occur continuously about every half century ‒ We believe we are in the irruptive phase of a new revolution, the Age of Connected Intelligence, when intelligent computing will be ubiquitous and pervasive

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The Lifecycle of Technological Revolutions

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Source: Carlota Perez, “Technological Revolutions and Financial Capital,” Edward Elgar Publishing, 2002; Alger.

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