3FOOD

Third Industrial Revolution Consulting Group
It should be emphasized that the circular economy is much more than recycling and restoration
of materials used. Keeping resources in circulation for as long as possible is also a critical aspect
of the circular economy. In the Sharing Economy, the increase in product usage means
extracting higher value from the resources. This leads to an increase in aggregate efficiency and
productivity. An Accenture assessment projects that savings in materials, recycling, and
restoration, will likely exceed $4.5 trillion by 2030 in the global economy while increasing
productivity, reducing fixed and marginal costs, creating net new jobs, and lowering ecological
footprint. 297
The maturing of an interconnected digital network composed of the Communication Internet,
Energy Internet, and Mobility Internet enables individuals, small and large businesses, nonprofits,
and other institutions to use High Performance Computing (HPC) and Big Data Analytics
(BDA), along with machine intelligent (cognitive computing) algorithms to continuously increase
these interconnected Internet networks’ aggregate efficiencies and reduce their ecological
footprint in managing, powering, and moving economic activity in a virtuous circular economy.
297 See: https://newsroom.accenture.com/news/the-circular-economy-could-unlock-4-5-trillion-of-economicgrowth-finds-new-book-by-accenture.htm
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