Hans Vestberg, CEO of Ericsson, which makes much of the world’s wireless infrastructure, sees an even more connected world in our future. In this short excerpt of a conversation with Techonomy’s David Kirkpatrick, he explains that as more and more of our devices are online and interacting, and as mobile broadband dovetails with cloud services, every industry begins to find itself in a new reality. The entire system in which an industry operates enters a new phase–one of what might be called “empowered connectedness.” It will enable industry after industry to operate with more efficiency and impact. What is often called the Internet of things is going on steroids, and creating a new world.