Tag: consumer

5 Key Economic Impacts And Strategic Implications Of AI For Leaders

5 Key Economic Impacts And Strategic Implications Of AI For Leaders

Liz Bacelar and Sophia the robot as a special guest of the Impact18 congress held in ICE Congress The economic impacts of Artificial Intelligence (AI) are not just significant, but also complex, influencing various aspects from individual firms to global financial structures. Understanding these impacts is crucial for business leaders as it can guide their decision-making and help them adapt to the evolving business landscape. Strategically, AI acts as a catalyst for innovation and a disruptive force, reshaping industries and altering competitive dynamics. A leader should know the following 5 economic impacts and strategic implications of AI. 1. Productivity […]

LinkedIn CEO says galvanizing 18,000 employees to shift objectives to AI hasn’t been easy but they’ve worked to ‘create a movement around it’

On this episode of Fortune ’s Leadership Next podcast, co-hosts Alan Murray and Michal Lev-Ram sit down with LinkedIn CEO Ryan Roslansky to discuss the company’s metamorphosis into an AI company. The interview covers topics ranging from the reasons for the change to how people should think about jobs in the future. Roslansky also explains why the future will be more about building for agility instead of stability.

Listen to the episode or read the transcript below. Transcript

Alan Murray: Leadership Next is powered by the folks at Deloitte who, like me, are exploring the changing rules of business leadership […]

Most Work Is New Work, Long-Term Study of U.S. Census Data Shows

Most Work Is New Work, Long-Term Study of U.S. Census Data Shows

By Peter Dizikes | MIT News

This is part 1 of a two-part MIT News feature examining new job creation in the U.S. since 1940, based on new research from Ford Professor of Economics David Autor. Part 2 is available here .

In 1900, Orville and Wilbur Wright listed their occupations as “Merchant, bicycle” on the U.S. census form. Three years later, they made their famous first airplane flight in Kitty Hawk, North Carolina. So, on the next U.S. census, in 1910, the brothers each called themselves “Inventor, aeroplane.” There weren’t too many of those around at the […]

“Backward Communities unite and Resist BJP and it’s Crony Corporates”

“Backward Communities unite and Resist BJP and it’s Crony Corporates”

“Backward Communities unite and Resist BJP and it’s Crony Corporates” 1 The BJP governments’ aggressive push for privatisation, corporatisation, automation etc – what they call ‘economic reforms’ – is rapidly undoing the meagre gains made by backward communities in recent decades. The electoral bonds scam has clearly revealed, these policies are shaped for the benefit of corporations, the overwhelming majority of them run by savarnas.

Important research findings all Indian citizens must pay heed to:

Corporate India is a savarna club: A study by Swadeshi Andolan revealed that not a single SC or ST person is present on […]

Does Technology Help or Hurt Employment?

Does Technology Help or Hurt Employment?

By Peter Dizikes | MIT News

This is part 2 of a two-part MIT News feature examining new job creation in the U.S. since 1940, based on new research from Ford Professor of Economics David Autor. Part 1 is available here .

Ever since the Luddites were destroying machine looms, it has been obvious that new technologies can wipe out jobs. But technical innovations also create new jobs: Consider a computer programmer, or someone installing solar panels on a roof.Overall, does technology replace more jobs than it creates? What is the net balance between these two things? Until […]

Sharing the benefits of technological progress

Sharing the benefits of technological progress

High-tech-city-skyline-hologram.-3D-rendering. Image: iStock / Jarmo Piironen This is the first of three articles discussing how the benefits of technological progress are shared, and thus determine the distribution of income and influence our economic and social structures. This first article focuses on how these benefits have been shared historically.

Throughout history the growth in living standards has come from increasing productivity and over thousands of years almost all that productivity growth has been driven by technological progress. Furthermore, the standard model used by economists who study economic growth typically assumes that this increase in productivity is more or less equally […]

Food Industry Innovation: Blockchain and automation reinventing supply chains

Food Industry Innovation: Blockchain and automation reinventing supply chains

Blockchain is a decentralised information technology that could improve food supply chains by increasing transparency, efficiency, security, and trust. Blockchain could enable consumers, delivery drivers, stores, and food and beverage companies to have access to transaction history that is immutable and traceable. Blockchain could also reduce transaction cost and time, enhance consumer trust, production speed, and product efficiency, and improve food safety and policies.

Here are some ways in which blockchain technology is transforming the food and beverage industry:

Supply Chain Transparency: Blockchain technology can help improve supply chain transparency by providing real-time visibility into the entire supply […]

Automating your plant: A Solution for the employment and retention issue

Automating your plant: A Solution for the employment and retention issue

In August 2021, Kentucky had the highest quit rate in the United States, according to the U.S. Bureau of Labor Statistics . Today, the national turnover rate is almost 10% of the workforce.* It is difficult to find reliable employees in 2024: The landscape of manufacturing has undergone a significant transformation, and this shift has sparked debates about its impact on employment.

However, rather than eliminate jobs, automation in manufacturing plants has proven to be a catalyst for filling open positions and addressing workforce shortages. Why not investigate automation solutions where employment and retention are an issue? Automation creates more […]

How Automation Influences the Future of Work

How Automation Influences the Future of Work

The integration of artificial intelligence (AI) into the workplace is no longer a matter of future speculation—it’s an evolving reality reshaping industries and job roles. Katharina Grienberger, a labor market researcher, probes the extent to which various professions could technically be substituted by machines, offering fresh insights into future trends.

Professions across the spectrum, from editorial roles to specialized technical jobs, are experiencing the impact of tools like ChatGPT . These innovative AI applications do not only enhance productivity but also provoke questions about the future of human employment in certain sectors. According to the data, the rise of AI […]

The 10 Slowest-Growing Careers That Still Pay Well — for Now

The 10 Slowest-Growing Careers That Still Pay Well — for Now

A mailman delivering mail. In today’s rapidly evolving job market, certain careers that traditionally offered security and high pay are now experiencing slower growth. Technological advancements, shifts in consumer behavior, and economic changes are reshaping the landscape.

Whether its because AI is becoming more incorporated into that, or not much promotion growth, or simply because the times are changing — these jobs still hang a decent salary despite these disadvantages. GoBankingRates looked at data from ZipRecruiter, Indeed, and Salary.com to find the average income being made with these jobs in the United States as of 2024. Here’s a look at […]