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Networking in the Service Economy

August 12, 2022


We are transforming into a service-based economy. In fact, two-thirds of the global GDP (and 77% of the US GDP) is now service-based. Much of this growth comes from a shift from selling products to selling products-as-a-service. Things we used to purchase from traditional manufacturers (lighting fixtures, hospital beds, jet engines, etc.) are now sold as services. You pay a monthly service charge, and the “as-a-service” vendor installs and maintains the equipment.

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