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Gear Up for the Future: Outlining the AI Impact on Employment

HR Digest

There are a lot of benefits from the integration of AI technology, a possible 7 percent boost to global GDP according to the report, but when paired with apprehensions about unemployment, it results in an equal amount of worry for the future. can be incorporated into the work that is done at an organization.

Tools 52
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How Ready Are Companies For The Post-Pandemic World?

The Horizons Tracker

For instance, during 2020, GDP in advanced economies plummeted, with many businesses having to shut for prolonged periods, and nearly all having to rapidly adapt to the changing conditions. The Covid pandemic has undoubtedly been one of the most disruptive periods in most organizations’ history. Organizational agility.

Company 127
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Do We Need A Recruitment Agency For Robots?

The Horizons Tracker

Indeed, a 1% increase in investment correlates with a growth in GDP per capita of 0.03%. This was emphasized by a survey from McKinsey a few years ago which highlighted a 15% gap emerging between large and small companies in terms of the adoption of technologies such as industrial robotics.

TCO 83
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Is The Single Market Preventing Digital Champions In Europe?

The Horizons Tracker

Consulting giant McKinsey recently argued that the talk about Asian economic hegemony has been largely underestimated. billion raised by the wealth management platform Lufax. The concern across the EU has only risen as China has appeared to have considerably more success. Digital dominance.

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Working Mothers Are Important Contributors to the U.S. Labor Force

HR Digest

McKinsey reported that working mothers were 1.5 McKinsey ’s survey also showed that working mothers were 6 percent more likely to be dealing with mental health concerns than their male counterparts. times more likely to spend 3 additional hours on their household responsibilities than working fathers.

GDP 98
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What’s Driving Superstar Companies, Industries, and Cities

Harvard Business Review

In our recent research at the McKinsey Global Institute, we examined the superstar phenomenon across firms, as well as sectors and cities. For cities, we analyze nearly 3,000 of the world’s largest cities by population that together account for 67% of global GDP. counties, which account for 90% of GDP in that sector.

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How Competition Is Driving AI’s Rapid Adoption

Harvard Business Review

New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). GDP growth a year across the period. But how will AI impact the economy in broad terms?

GDP 9