AI, IoT, Blockchain and 5G in aggregate to drive $721bn in revenue per annum - report - Data Economy

By 2029, it has been predicted that AI, IoT, Blockchain and 5G will generate $721bn in revenue per year to 60 of the largest cities in the world. A new report released by data centre giants Digital Realty (NYSE: DLR) revealed that through new jobs, businesses, industries, and improved public services, 10 cities including New York City, Los Angeles and Tokyo are predicted to be the world's leading digital capitals by 2029. Other cities on the company's prediction list include, San Francisco, Singapore, London, Chicago, Toronto, Paris, and Hong Kong. "We wanted to build on previous reports and uncover the role cities will play in the future data economy," said Chris Sharp, CTO of Digital Realty. "It's no surprise that cities like New York, Tokyo and London occupy a lofty position in the report.