Auto Added by WPeMatico
Tech could lose its social acceptance unless it makes people’s lives better – and trade unions want an urgent conversation “Who wouldn’t want a robot to watch over your kids?” Elon Musk asked Davos delegates last week, as he looked forward with enthusiasm to a world with “more robots than people”.Not me, thanks: children need […]
Kristalina Georgieva says research suggests 60% of jobs in advanced economies will be affected, with many entry-level roles wiped outArtificial intelligence will be a “tsunami hitting the labour market”, with young people worst affected, the head of the International Monetary Fund warned the World Economic Forum on Friday.Kristalina Georgieva told delegates in Davos that the
Young will suffer most when AI ‘tsunami’ hits jobs, says head of IMF Read More »
AI evangelist Peter Kyle wants to scale up businesses, attract overseas investors and look out for UK’s poorer regionsThe UK business secretary, Peter Kyle, has said he is “betting big” and “picking winners” as the government takes direct stakes in growing businesses to boost economic growth.Speaking at the World Economic Forum in Davos, where he
‘I’m picking winners’: UK business secretary takes activist approach to economic growth Read More »
Their latest report makes no mention of Greenland, Venezuela, or even Trump. This is just a pretence that normality continues This week the IMF released an update to its World Economic Outlook, titled “Global Economy: Steady amid Divergent Forces” and, seriously, in what fricking world are they living? It was yet another example of international
Swedish producer is trying to to accelerate the process of extracting the elements vital for hi-tech productsIt is deep winter with temperatures dropping to -20C. The sun never rises above the horizon, instead bathing Sweden’s most northerly town of Kiruna in a blue crepuscular light, or “civil twilight” as it is known, for two or
Freedom from China? The mine at the centre of Europe’s push for rare earth metals Read More »
The James M. and Cathleen D. Stone Center on Inequality and Shaping the Future of Work officially launched on Nov. 3, 2025, bringing together scholars, policymakers, and practitioners to explore critical questions about economic opportunity, technology, and democracy.Co-directed by MIT professors Daron Acemoglu, David Autor, and Simon Johnson, the new Stone Center analyzes the forces that contribute to growing income
Stone Center on Inequality and Shaping the Future of Work Launches at MIT Read More »
Revenues may be rising rapidly, but not by nearly enough to cover the wild levels of investment under wayThe US dictionary Merriam-Webster’s word of the year for 2025 was “slop”, which it defines as “digital content of low quality that is produced, usually in quantity, by means of artificial intelligence”. The choice underlined the fact
AI’s reckoning with reality represents a growing economic risk for 2026 Read More »
Analysts and investors voice caution about tech valuations and Trump’s influence on the US central bankInvestors expect global stock markets to keep rising in 2026, despite fears that the AI bubble could burst, and anxiety about chaos engulfing the US central bank.Wall Street strategists broadly expect the S&P 500 share index of US-listed companies to
From the AI bubble to Fed fears: the global economic outlook for 2026 Read More »
Inflation is predicted to cool but uncertainty over AI-driven growth and trade policy poses risks in the year aheadThe global economy proved to be more resilient in 2025 than had been feared, despite severe headwinds that ranged from Donald Trump’s trade war to geopolitical tensions and the conflicts in Ukraine and the Middle East.Entering the
Five charts that explain the global economic outlook for 2026 Read More »
Productivity is up in retail and other low-paying sectors as tech replaces relatively expensive humans Walk through a supermarket and the technology is everywhere. Self-service checkouts, electronic shelf labels, handheld barcode scanners, and the video screens showing you – caught by AI facial recognition cameras – leaving the shop.In an economy struggling for growth, the
Labour must learn lessons from history as automation hits jobs market Read More »
