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Amazing AI Facts That Could Change The World

Strategy Driven

But Google CEO Sundar Pichai thinks that AI will have a bigger impact on the development of human life. 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. Electricity transformed our world. Bank of China.

Banking 74
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How Skills Will Be Crucial As We Adapt To The Post-Covid World

The Horizons Tracker

Last year online learning platform Coursera released their first Global Skills Index to try and understand the changing nature of skills development around the world. This surge not only reflects the ongoing interest in digital skills development, but also some of the softer skills that I’ve identified as key in past articles.

Skills 107
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Local Solutions Needed To Reduce Labor Shortages

The Horizons Tracker

An evaluation of the scheme conducted by the Institute for Employment Studies and Birmingham University’s City Region Economic and Development Institute (City-Redi) found that personalized, place-based employment support can effectively help people with significant barriers to work.

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How Workplace Equality Can Drive The Economy (With A Little Help From AI)

The Horizons Tracker

This would allow them to explore how balance in the workplace contributes towards GDP. GDP is attributable to these declining barriers in the labor market,” the authors explain. Ultimately they hope to use this insight to develop an AI-based tool to help mitigate and address these biases.

GDP 69
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Are We Still Attracted By The Bright Lights?

The Horizons Tracker

The researchers developed a dynamic spatial model that includes factors that contribute to higher wages (labor market agglomeration), higher rents, the costs associated with moving, and other locational preferences. The GDP of the larger cities was found to decline by 16%, but there was also a decline in GDP of 2.4%

GDP 85
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Low-Skilled Immigration Is Needed To Overcome The Western Worker Crunch

The Horizons Tracker

Ignoring the need While politicians increasingly like to adopt a hard line against immigration, the reality is that most developed countries are in dire need of it. Indeed, while Dr. Ugur Sahin was lauded as an immigrant who helped to develop the Covid vaccine, as a car factory worker, his father would have received far fewer laurels.

Skills 117
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More Women in the Workforce Could Raise GDP by 5%

Harvard Business Review

Women are the primary caregivers for children, the elderly, and the sick, and this burden hampers their economic development. Eldercare is an especially potent drag on women professionals, hitting them just as their careers are reaching their full potential. In Japan, such initiatives could increase GDP by 9%.

GDP 14