article thumbnail

How Tax Policy Encourages Firms To Invest In New Technology

The Horizons Tracker

While the flurry of stories on the topic seems to have accelerated in recent years, especially since Frey and Osborne’s notorious 2013 study of the topic, the evidence to date is that robots generally haven’t been “taking our jobs” at all. Complementary investment.

article thumbnail

Digital Transformation Doesn’t Have to Leave Employees Behind

Harvard Business Review

Osborne from Oxford University calculated that about 47% of American jobs could disappear by 2020 due to digitization. After all, when HR people routinely talk to finance staff, they are effectively working as members of a cross-functional team. Nevertheless, we should be careful not to overestimate the boon of digital transformation.

article thumbnail

The “Smart Society” of the Future Doesn’t Look Like Science Fiction

Harvard Business Review

While flights of imagination from science-fiction writers, filmmakers, and techno-futurists involve things like flying cars and teleportation, in practice smart technology is making inroads in a piecemeal fashion, often in rather banal circumstances. The potential for technologies to enable smart societies is rising. trillion by 2026.