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Gear Up for the Future: Outlining the AI Impact on Employment

HR Digest

There are a lot of benefits from the integration of AI technology, a possible 7 percent boost to global GDP according to the report, but when paired with apprehensions about unemployment, it results in an equal amount of worry for the future. As AI becomes more accessible, it also becomes more easy to adopt.

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How Ready Are Companies For The Post-Pandemic World?

The Horizons Tracker

For instance, during 2020, GDP in advanced economies plummeted, with many businesses having to shut for prolonged periods, and nearly all having to rapidly adapt to the changing conditions. The Covid pandemic has undoubtedly been one of the most disruptive periods in most organizations’ history.

Company 129
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Is The Single Market Preventing Digital Champions In Europe?

The Horizons Tracker

The transformation of Silicon Valley from farmland into the center of the technological universe has been attracting envious looks from around the world for a generation or more. Consulting giant McKinsey recently argued that the talk about Asian economic hegemony has been largely underestimated. Digital dominance.

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Technology Is Changing Transportation, and Cities Should Adapt

Harvard Business Review

And as innovation brings self-driving cars, electric vehicles, in-vehicle data connectivity, mechanisms for sharing rides and vehicles, and other technologies to more people, getting around cities will become easier, faster, and safer. million deaths in 2015 ), and air pollution (health problems like respiratory ailments).

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How Competition Is Driving AI’s Rapid Adoption

Harvard Business Review

New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). GDP growth a year across the period. GDP growth a year across the period.

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Even for Companies, the U.S. Is Split Between Haves and Have-Nots

Harvard Business Review

Companies in the top one-fifth of profitability earn, in aggregate, about 70 times more economic profit (accounting profit less cost of capital) than those in the middle three-fifths combined, according to McKinsey’s database of 3,000 large, publicly listed, nonfinancial U.S. Sound familiar? An increasing number of U.S. There are many.

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The False Choice Between Automation and Jobs

Harvard Business Review

The catch is that adopting these technologies will disrupt the world of work. New research by the McKinsey Global institute suggests that roughly 15% of the global workforce could be displaced by 2030 in a midpoint scenario, but that the jobs likely created will make up for those lost. Other options are also less than desirable.

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