Wireless technology developed at the dawn of the twentieth century from late nineteenth century scientific concepts and experiments. At the start of the twenty-first century, the now pervasive wireless industry is undergoing further remarkable changes which are sure to influence the social and economic environment. In this talk, we examine the dramatic progress in wireless brought about by the digital transformation empowered by solid state technology and the blending of computer and communication technologies. We proceed to explore the impact of progressively greater miniaturization and integration on manufacturing, distribution and service industries and we conclude with the impact of this progress on the economy and society in the coming decades.