Tag: Services

Marketing Function Grows in Importance, Creating High Paying Jobs

Marketing Function Grows in Importance, Creating High Paying Jobs

In this guest column, Dr Foula Kopanidis (pictured below), the program director of postgraduate marketing programs at RMIT University, says demand for marketers will remain strong but its the ones with the skills on their resumes who’ll take home the fattest pay cheques…

Increasing demand for digital marketing skills and the growing importance of the marketing function within businesses will boost employment opportunities in the coming five years, with professionals who hold relevant postgraduate qualifications best placed to take advantage of an expected rise in salaries. A new report prepared by Deloitte Access Economics , The future of work: Occupational […]

Technology and the future of finance

Technology and the future of finance

In the first of this series of two articles we looked at the impact of new technology on financial services. I wrote that technology, particularly digital technology, almost always starts as a way to do something you already do more efficiently than you already do it.

A spear is more efficient than a rock for hunting deer. In the same way, a simple computerised ledger with manual input is more efficient than a man in fingerless gloves writing in a big book with a quill pen. And blockchain is way more efficient than a basic single-site computerised ledger.

Greater efficiency by […]

Montana’s changing economic geography

Montana’s changing economic geography

Changes in the U.S. and Montana’s economy have been good for Bozeman—maybe too good as we deal with increasing traffic, real estate prices, and changing neighborhoods. Montana is a large state, however, and what has been good for Bozeman has not benefited all of Montana’s communities. The good news-bad news stories create a variety of challenges for local and state leaders, including how we approach tax policy and economic development.

Since 2001, Montana added more than 100,000 new jobs and, on average, we’re better off. Montanans’ wages (or earnings per job) increased more than four times as fast as the […]

Indian policymakers need to think differently to tackle AI: Anupam Guha

Indian policymakers need to think differently to tackle AI: Anupam Guha

Artificial Intelligence (AI) scientist Dr Anupam Guha , in a recent talk about AI in the Indian context, pointed out the positives and listed some of the perils of AI. He also said what we need is to lay out the framework to tackle potential challenges posed by AI. “The thing in computer science is, the difference between what is very easy and what is impossible is not very intuitive, and hence it becomes a problem for policymakers to make policies around it, and here we need to be very cautious.” To start with he said that AI is […]

No, artificial intelligence won’t steal your children’s jobs—it will make them more creative and productive

No, artificial intelligence won't steal your children's jobs—it will make them more creative and productive

Searches for the term ‘artificial intelligence’ on Google Books’ Ngram viewer. "Whatever your job is the chances are that one of these machines can do it faster or better than you can."

No, this is not a 2018 headline about self-driving cars or one of IBM’s new supercomputers. Instead, it was published by the Daily Mirror in 1955 , when a computer took as much space as a large kitchen and had less power than a pocket calculator. They were called "electronic brains" back then, and evoked both hope and fear. And more than 20 years later, little had changed: […]

No, artificial intelligence won’t steal your children’s jobs it will make them more creative and productive

(MENAFN – The Conversation) ‘Whatever your job is the chances are that one of these machines can do it faster or better than you can’.

This is not a headline about self-driving cars or one of IBM’s supercomputers of the 21st century. Instead, it was published by the , when a computer took as much space as a large kitchen and had less power than a modern pocket calculator. They were called ‘electronic brains’ back then. In a about silicon chips, one commentator argued that ‘They are the reason why Japan is abandoning its shipbuilding and why our children will […]

The cities of the future might be dominated by robots – but the blueprint must be laid down by humans today

The cities of the future might be dominated by robots – but the blueprint must be laid down by humans today

Humanoid robots being mass-produced in Turkey / Reuters Fifty per cent is a big number. As part of the World Government Summit, the management consultancy McKinsey and Company estimated that nearly half of the existing jobs in the Middle East – nearly 21 million full-time employees – could be automated within 12 years.

The McKinsey report focused on six countries, five GCC countries and Egypt but if accurate, the level of disruption could be enormous and would be replicated, to different degrees, across the Arab world. That level of change will present difficult policy challenges. And yet, while some of […]

The End Of Work?

The End Of Work?

Inequality seems set to intensify between the minority who own the capital … and the many

Photo Credit : ShutterStock, Attendance this year at the Jaipur Literary Festival, the world’s largest book mela, crossed half a million. While the crowds surged to listen to 300 speakers including Shashi Tharoor, Anthony Horowitz, Amy Chan and Helen Fielding, my panel debated the more practical question of the future of work. What will be the impact of digitalisation and automation on employment, society and politics?

Globalisation, especially the rise of China, has been the most profound development of the past thirty years. Digitalisation, […]

Unusual level of volatility in the decades ahead: Bain

Unusual level of volatility in the decades ahead: Bain

A recent report by Bain predicts that three mega-trends—changing demographics, automation and rising inequality—will shape the world in the next decade and beyond.

A robot controls forklift truck. Photo: Alamy “It was the best of times, it was the worst of times,” wrote Charles Dickens in A Tale of Two Cities, a novel set in a society on the brink of a revolution. It is also one of the most popular opening lines in literature, as it resonates with the perpetual struggle of the haves and the have nots. Consulting firm Bain & Co. recently released a report […]

4IR will eliminate risks – and create new ones

4IR will eliminate risks – and create new ones

Converging technologies marking the fourth industrial revolution look likely to transform the risk landscape The convergence of several transformative new technologies – collectively dubbed the fourth industrial revolution (4IR) – will likely transform the risk landscape in the decades to come.

However, the rise of robotics, artificial intelligence (AI), and autonomous technologies has the potential to transform or create new risks as well as eliminate old ones, according to Ravin Jesuthasan, the managing director, responsible for Willis Towers Watson’s future of work initiative and author of multiple books on the topic.

“It is changing some risks, changing the very nature of […]