Remove Efficiency Remove GDP Remove Innovation Remove Technology
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Why Is Technology Not Producing Productivity Improvements?

The Horizons Tracker

His comment reflected frustration that despite the considerable hype around the digital technologies of the day, productivity stats were barely moving. It was widely believed that this was largely a case of organizations attempting to introduce new technologies to processes that were designed very much with the old ways of working in mind.

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The Factors That Influence Acceptance Of AI In Hospitality

The Horizons Tracker

In recent years, artificial intelligence (AI) has made significant strides in enhancing hotel operations and streamlining efficiency. However, the extent to which hotel guests embrace AI technology has remained an elusive query, until now. “And the most important factors were perceived ethics, followed by benefits.

Hotels 119
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Is The Period Of Global Economic Growth At An End?

The Horizons Tracker

While there have been undoubted ebbs and flows, the last century has seen growth in GDP like never before. A paper from the UC Santa Barbara argues that this growth is due to a combination of the technologies of the Industrial Revolutions and the various economic and political freedoms we have enjoyed as democracy has spread.

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

The Horizons Tracker

“We’re likely to see a huge amount of disruption in the labor market in the coming years, with existing jobs lost to economic and technological factors, and new jobs created that will require new skills,” Jeff Maggioncalda, CEO of Coursera told me recently. ” Skills for the post-Covid world. Uneven spread.

Skills 129
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American Firms Dream of Growth but Invest in Efficiency

Harvard Business Review

The Federal Reserve is projecting GDP growth of 2.8 And, if growth is mostly about gaining market share and developing new products, why is a substantial focus on investment to retain existing customers and make existing products and services more efficient? Enthusiasm for digital technologies is not lacking. Indeed, U.S.

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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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The Real Reason Companies Are Spending Less on Tech

Harvard Business Review

As a percentage of GDP, it’s now back to mid-1990s levels: There’s a version of the chart above in the much - discussed paper that MIT economist David Autor presented last week at the Federal Reserve’s annual Jackson Hole meeting. job market troubles of the past decade than new technology had. tumbled, and stayed down. Well, sort of.

GDP 13