Smarter infrastructure is by far our best path to creating new jobs and stimulating growth. We at IBM were asked to map this out by President-elect Barack Obama's transition team, and our research shows that a $30 billion stimulus investment in just three areas -- smart grids, health-care IT and broadband -- could yield almost one million new jobs within one year. That's possible because these kinds of infrastructure have significantly greater economic and societal multiplier effects than traditional infrastructure like bridges and highways.
A $10 billion per year smart grid stimulus investment could yield almost a quarter of a million jobs digitizing the grid and in related industries, such as alternative energy and automotive. This investment will enable new forms of industrial innovation by creating exportable skills, resources and technology.
Today, we live in a digital world. Many of our most valuable assets are online, traded virtually. As a result, communities with broadband access grow employment at a significantly higher rate. And yet today, the United States, the country that developed the Internet, ranks 12th in broadband penetration and 15th in average broadband speed. This is unacceptable if we want our nation to compete in the 21st century.
The most important part is the broadband penetration.
ABTG offers a smart grid that allows broadband over power lines. Why is this significant? Many rural area throughout the world can not get internet access and WIFI doesn't exist and even it does the signal is very poor.
ABTG's smart grid can piggy back on the Utility cables that are already leading up to the homes and help small businesses become more effecient in these rural areas. This is just the tip of the iceberg the smart grid can do.
Combined with Obama's stimulus package, ABTG could be one of your biggest winners in 2009. Trying to find a winner in 2009 will be like trying to find a needle in the hay stack.
News 
Market Data 
Discover 
AI
