‘Why is HR going ‘under the radar’ with employees?’ – ‘To continue their employment’, many may say – Juliette Rowsell, writing in ‘People Management‘, suggests a lack of understanding of the function’s role is leading to such negative perceptions – some indeed consider HR to be either a dumping ground for failed executives and/ or …
Category: 04. Drivers
Dec 15
AI may boost government productivity by $1.75 trn a year
Sarah Wray, writing for ‘Cities Today’, covers a new report from Boston Consulting Group (BCG) which claims that use of generative artificial intelligence – GenAI – could create productivity gains of US$1.75 trillion per year in the public sector globally by 2033 – the essence of her article follows – the message is that, on …
Nov 01
How To Win? – Manage well
Aliza Knox, a contributor to Forbes.com which habitually seems to offer splendid business common-sense, writes about how to rise and thrive in today’s global corporate world – whilst the world currently seems infatuated, and so blinded, by the claimed benefits versus potential pitfalls of AI, she homes in on the most import driver of productivity …
Sep 28
“AI will double productivity in next decade”
Geoff Colvin, writing for Fortune magazine, reports that top economist Professor Erik Brynjolfsson says AI will double productivity in the next decade: ‘You need to embrace this technology and not resist it’ Years before Open AI’s ChatGPT startled the world in 2022, Erik Brynjolfsson was studying the questions that have since made AI a red-hot topic: Will the …
Aug 28
AI offers a massive uptick in productivity growth
Dean Baker, the senior economist at the Center for Economic and Policy Research in Washington, DC, just wrote a wise article in ‘Counterpunch’ about the pluses and minuses of Artificial Intelligence and raised issues many commentators overlook We have long known that people in policy debates have difficulty with arithmetic and basic logic. We got …
Aug 12
Will AI be good for workers?
The McKinsey Global Institute is a rare source of good practical advice on major productivity issues – here, their Michael Chui, Kweilin Ellingrud and Asutosh Padhit focus on the impact of AI and actions needed now to take most advantage of it – the following article was published by Fortune magazine – its message applies globally, not just …
Aug 03
Altman updates ‘Moores Law’
Hermione Taylor, writing in the Investors’ Chronicle, considers whether “newfangled AI technology will solve our economic problems or be the cause of unknown crises – AI could transform productivity but at what cost?” As advanced economies battle high inflation, low growth, stagnant productivity and labour shortages, could salvation be on the horizon? Last month, …
Apr 26
AI – Generative AI
Currently, we’re being peppered with articles by excited advocates or gloomy doomsters writing about AI and its potential for the human race – so it’s good to read the following balanced article by Professor Diane Coyle appearing under the Project Syndicate banner While tools like ChatGPT could displace millions of workers, they could also bring …
Mar 06
The price of poor managers
Phillip Inman, writing in the Guardian, headlines his article ‘Bad managers on brilliant pay: that’s why the UK’s not working’ – he claims UK productivity is much lower than in comparable countries, yet bosses just award themselves millions – and hire consultants (Given his last point, I must declare an interest, having been one myself, …
Feb 17
The metaverse is next
McKinsey consultants Homayoun Hatami, Eric Hazan, Hamza Khan and Kim Rants claim in the following article that: “Suddenly, the metaverse is in the zeitgeist, for better or worse” (meta means ‘something of a higher order’) – and we’d only just taken on board news about AI and ChatGPT – change has clearly gone up a …