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How to Win with AI and Automation

HR Digest

Developments in digital technologies, inclusive of artificial intelligence (AI) and automation, are estimated by some to create the potential for a tremendous reduction in the volume of work. Across the OECD, spending on worker training and development has been declining over the last twenty years. IMPROVING WORK MARKET DYNAMISM.

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The Case for Investing More in People

Harvard Business Review

Productivity in most developed economies has been anemic. In the decade between 2005 and 2015, labor productivity in the US as measured by GDP per labor hour was less than 1% for 7 of the 10 years, according to the OECD. Both Kaizen events and Agile sprints are investments in innovation and human capital productivity.

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The Disruption of Venture Capital

Harvard Business Review

In a relatively short time, venture-backed companies have grown to account for over 20% of US GDP today. Still, being astute and agile does not guarantee immunity to disruption. The industry was born in its current form, however, when the first venture capital firms were founded in the middle of the twentieth century.

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The Industrial Era Ended, and So Will the Digital Era

Harvard Business Review

Today digital technology is all the rage because after decades of development it has become incredibly useful. In the case of electricity, Faraday uncovered new principles, but no one really knew how to make them useful. Essentially, the challenge ahead is to learn how to use bits to drive atoms.

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Doing Business in a Post-Fidel Cuba

Harvard Business Review

and Cuba could implement over the next two years will be critical for helping business executives determine the level of urgency around developing their Cuba operation. With a limited financial system, Cuba lacks the domestic savings to raise fixed capital investment above the current level of 10% of GDP (half the average of Latin America).