Category Archive: 04. Drivers

Feb 12

AI pluses versus minuses

We already know Elon Musk, South African born multi-billionaire, predicts that AI (Artificial Intelligence) will be more dangerous than North Korea And legendary physicist Professor Steven Hawking was also wary: “AI has the potential to be the worst event in the history of our civilisation” On the other hand, Microsoft co-founder Bill Gates pooh-poohs their pessimism and …

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Nov 20

Has innovation really peaked?

US economist Robert Gordon gets a lot of publicity these days for his dismal view that ‘technological innovation is declining in pace and impact compared to those of the 20th century’ – all set out in his book ‘The Rise and Fall of American Growth’ His whole thesis is based on economic growth statistics, GDP …

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Nov 19

AI to spark a new productivity boom?

A new productivity boom could be sparked by AI – Artificial Intelligence? Who says so? No less than two UK government ministers Culture Secretary Karen Bradley says: “AI has the potential to improve our every day lives” – precisely what productivity improvement is all about And Business Secretary Greg Clark claims: “Huge social and economic benefits …

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Oct 17

Business schools are failing the nation

Luke Johnson, a well-known UK businessman and Sunday Times journalist, asks: “What are business schools for?” He believes they are ‘generally failing when it comes to researching the field of business’ Apparently, there are 120 members of the UK’s Chartered Association of Business Schools but none ‘defend the achievements of business’ i.e. the merits of …

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Sep 16

AI will transform the future

In the early 19th century, most of the world’s population was employed on manual, back-breaking agricultural work – then automation increased the productivity of farmers more than tenfold whilst reducing their numbers from being the majority of the workforce to less than 2% – and the many outplaced moved on to new, better-paid jobs in …

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