article thumbnail

Amazing AI Facts That Could Change The World

Strategy Driven

The demand for data scientists will be over 50% more than the supply, making it a VERY smart career path to follow. PWC believes global GDP will rise by 14% by 2030 due to AI. These are the most highly valued companies from the US and China: ICBC. China Construction Bank. JPMorgan Chase. Berkshire Hathaway. Bank of America.

Banking 74
article thumbnail

How Skills Will Be Crucial As We Adapt To The Post-Covid World

The Horizons Tracker

The report builds upon the Skills Benchmarking tool developed by the company to help organizations not only understand the skills they have, but how their workforce compares with their peers. The report highlights how should this trend continue, it could raise British GDP by £4.1 billion per year. Crucial for a successful recovery.

Skills 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Innovating Your Way Out Of The Resource Curse

The Horizons Tracker

Indeed, it’s GDP per capita of $72,700 marks it out as one of the wealthiest nations on earth. . To date, 20 startups have been created and sit alongside over 50 multinational companies, including Cisco, Microsoft, General Electric, and a who’s who of the global oil and gas community. Core sectors. Curating inspiration.

article thumbnail

Helping The Less Well Off Means Recessions Are Shallower

The Horizons Tracker

The paper highlights how recessions seldom affect workers, or indeed companies, equally. The author reminds us that in the past 11 recessions, while GDP fell by around 2% and unemployment rose by the same figure, this doesn’t tell the whole picture.

Crisis 115
article thumbnail

Are We Still Attracted By The Bright Lights?

The Horizons Tracker

The GDP of the larger cities was found to decline by 16%, but there was also a decline in GDP of 2.4% “When I co-founded the company, I was in the Netherlands with co-founders in Manchester and Seattle,” Alex Nichiporchik, CEO of gaming company tinyBuild, told me recently.

GDP 84
article thumbnail

More Women in the Workforce Could Raise GDP by 5%

Harvard Business Review

Eldercare is an especially potent drag on women professionals, hitting them just as their careers are reaching their full potential. Cultural insistence that a daughter's first duty is to her parents causes many women to either cut back on their career ambitions or leave the workforce altogether.

GDP 14
article thumbnail

Low-Skilled Immigration Is Needed To Overcome The Western Worker Crunch

The Horizons Tracker

Meanwhile, the ifo think tank recently revealed that nearly half of German companies are currently unable to find the skilled workers they need. After all, research from the IMF shows that low-skilled immigration raises labor productivity and GDP per capita, with these gains typically shared across the population.

Skills 114