COMMENT | FLAVIA LWANGA | Imagine conducting a performance review of over 1,000 employees, and maintaining their performance records manually for reference, this can be a daunting task that not only strains resources but also the task force that manages the process. We can’t deny the fact that this is …
Read More »Pandemic accelerates transformation of investment landscape
New York, US | Xinhua | The almost year-long COVID-19 pandemic is transforming the investment landscape, with multiple long-term trends picking up speed. And the world is set to become more digitalized, automated and sustainability-sensitive as life style and economy undergo profound changes, according to experts and investment advisors. DIGITALIZATION DEEPENS …
Read More »Is the world ready for the ‘digital transformation’?
Davos, Switzerland | AFP | The annual business rendezvous in Davos is a hothouse of insider tech jargon, but this year’s buzzword of “digital transformation” could translate into profound and painful changes for companies and workers. Whether through robots, automation or artificial intelligence, the impact of the transformation is heaping …
Read More »Automation to hit most jobs, but overall impact ‘muted’: study
Washington, United States | AFP | Artificial intelligence and automation will lead to job losses in “virtually all occupational groups” over the coming decades in the United States, but the overall impact on employment will be “muted,” a prominent think tank study said Thursday. “Almost no occupation will be unaffected by …
Read More »COMMENT: Education in the age of automation
Formal education is teaching workers the wrong things, instead of digital, technical, and soft skills COMMENT | LEEJONG-WHA | As digital technologies and automation have advanced, fears about workers’ futures have increased. But, the end result does not have to be negative. The key is education. Already, robots are taking …
Read More »COMMENT: Economic growth no longer enough
Changes to how wealth is generated and distributed require new social contract for a digital age COMMENT| Manuel Muñiz | Macroeconomic data from the world’s advanced economies can be mystifying when viewed in isolation. But when analysed collectively, the data reveal a troubling truth: without changes to how wealth is …
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