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. AI will soon be used as a marketing tool and will be developed for a more personalised email marketing campaign, changing the landscape of marketing.

Banking 74
article thumbnail

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. billion per year.

Skills 108
Insiders

Sign Up for our Newsletter

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

article thumbnail

Local Solutions Needed To Reduce Labor Shortages

The Horizons Tracker

Meanwhile, the Labour Party seeks to expand employment support by devolving it to local authorities and embedding career advisers in health services to assist individuals in finding work. Compared to other countries, the UK spends relatively little of its GDP on active labor market programs, including public employment services.

article thumbnail

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. “Over the last 50 years, more than a quarter of all growth in the U.S. ” AI uncovering inequality.

GDP 69
article thumbnail

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
article thumbnail

Is Your Job AI Resilient?

Harvard Business Review

With AI’s influence, their projections suggest a potential resurgence in global GDP growth, envisioning a substantial boost to the global economy by 2032. They conducted an in-depth analysis of over 160 million jobs in order to produce analytical insight to help leaders navigate this change.

GDP 26
article thumbnail

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

The Horizons Tracker

This bias towards high-skilled immigrants is demonstrated by the “labor availability test”, which says that people from outside the EU can only come to Finland to work if no one from either the Finnish or European labor market can fill the role. Such an attitude is not only elitist, but also illogical.

Skills 118