article thumbnail

How covid has impacted business in the Philippines

Strategy Driven

This also sent real GDP growth tumbling to a little over 1% (1.3%)overall, Conversely, China’s growth is projected to decline by 4.9% According to the recent data released by the Philippine Statistics Authority, the nation’s GDP growth rate declined by a whopping 16.5% respectively. in 2019 to just 1.2%.

GDP 142
article thumbnail

The Factors That Influence Acceptance Of AI In Hospitality

The Horizons Tracker

Notably, the research asserts that the most substantial economic gains from AI are projected to occur in China, with a predicted 26% boost to GDP by 2030, followed by North America, expected to experience a 14.5% increase, collectively representing 70% of the total global impact.

Hotels 96
Insiders

Sign Up for our Newsletter

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

article thumbnail

Disclosing Covid Cases In Public Is More Effective Than Lockdown

The Horizons Tracker

The paper highlights how Seoul, with its 10 million or so inhabitants, managed to have less than a thousand confirmed cases and just three deaths, despite being one of the most densely populated cities in the world. hit to GDP, with 4,000 more deaths. ” Containing the spread. A balanced approach. ”

GDP 122
article thumbnail

London Ranked As The Smartest City In The World

The Horizons Tracker

A muddled picture My own city of London placed a lowly 22nd in the rankings, which was a fall of 7 places from the 15th managed in 2020. For instance, it came first in human capital, urban planning, and international profile, and also managed top ten rankings in mobility and transportation, and economy.

article thumbnail

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
article thumbnail

Amazing AI Facts That Could Change The World

Strategy Driven

PWC believes global GDP will rise by 14% by 2030 due to AI. By 2025, revenue from AI projects will be $31.2 Since 2000 the investment in AI projects has increased by 6 times! But Google CEO Sundar Pichai thinks that AI will have a bigger impact on the development of human life.

Banking 74
article thumbnail

Are the government falling into the short-termist trap?

Chartered Management Institute

It leads to a chronic under-investment in projects with real long term value. I'm sure many of you will have read the news that the Olympics this summer have caused the UK economy to grow by 1% in the third quarter of the year, thus ending three quarters of declining GDP and, officially at least, taking us out of recession.