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McKinsey Global Institute
              McKinsey Global Institute
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                    The McKinsey Global Institute
                    The McKinsey Global Institute (MGI), the business and economics research 
                    arm of McKinsey & Company, was established in 1990 to develop a deeper 
                    understanding of the evolving global economy. Our goal is to provide leaders 
                    in the commercial, public, and social sectors with the facts and insights on 
                    which to base management and policy decisions.
                    MGI research combines the disciplines of economics and management, 
                    employing the analytical tools of economics with the insights of business 
                    leaders. Our “micro-to-macro” methodology examines microeconomic 
                    industry trends to better understand the broad macroeconomic forces 
                    affecting business strategy and public policy. MGI’s in-depth reports 
                    have covered more than 20 countries and 30 industries. Current research 
                    focuses on four themes: productivity and growth, the evolution of global 
                    financial markets, the economic impact of technology and innovation, 
                    and urbanization. Recent reports have assessed job creation, resource 
                    productivity, cities of the future, and the impact of the Internet.
                    MGI is led by McKinsey & Company directors Richard Dobbs and James 
                    Manyika. Yougang Chen, Michael Chui, Susan Lund, and Jaana Remes 
                    serve as MGI principals. Project teams are led by a group of senior fellows 
                    and include consultants from McKinsey’s offices around the world. These 
                    teams draw on McKinsey’s global network of partners and industry and 
                    management experts. In addition, leading economists, including Nobel 
                    laureates, act as research advisers. 
                    The partners of McKinsey & Company fund MGI’s research; it is not 
                    commissioned by any business, government, or other institution.  
                    For further information about MGI and to download reports, please visit 
                    www.mckinsey.com/mgi.
                  3D-printing photo courtesy of Andy Ryan, Formlabs
                  Copyright © McKinsey & Company 2013
        McKinsey Global Institute
        May 2013
        Disruptive technologies: 
        Advances that will 
        transform life, business, 
        and the global economy
        James Manyika
        Michael Chui
        Jacques Bughin
        Richard Dobbs
        Peter Bisson
        Alex Marrs
           Connecting rate of improvement 
           and reach today …
           $5 million vs. $400
                                                                                                       1
           Price of the fastest supercomputer in 1975   
           and an iPhone 4 with equal performance
                          230+ million
                          Knowledge workers in 2012
                                         $2.7 billion, 13 years
                                         Cost and duration of the Human Genome Project, 
                                         completed in 2003
                                                        300,000+
                                                        Miles driven by Google’s autonomous cars 
                                                        with only one accident (human error)
                                                                       3x
                                                                       Increase in efficiency of 
                                                                       North American gas wells 
                                                                       between 2007 and 2011
                                                                                      85%
                                                                                      Drop in cost per watt of a solar 
                                                                                      photovoltaic cell since 2000
           1    For CDC-7600, considered the world’s fastest computer from 1969 to 1975; equivalent to $32 million in 2013 at an average inflation 
                rate of 4.3 percent per year since launch in 1969.
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...Mckinsey global institute d i s r u p t v e c h n o l g a may w f m disruptive technologies b advances that will transform life business and the economy y mgi economics research arm of company was established in to develop deeper understanding evolving our goal is provide leaders commercial public social sectors with facts insights on which base management policy decisions combines disciplines employing analytical tools micro macro methodology examines microeconomic industry trends better understand broad macroeconomic forces affecting strategy depth reports have covered more than countries industries current focuses four themes productivity growth evolution financial markets economic impact technology innovation urbanization recent assessed job creation resource cities future internet led by directors richard dobbs james manyika yougang chen michael chui susan lund jaana remes serve as principals project teams are group senior fellows include consultants from offices around world thes...

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