The COVID-19 pandemic has afflicted not only human beings but human economies. It has also revealed serious flaws, especially in supply chains, that predated the pandemic but have been exacerbated by it—especially the global dependence on China as the source of goods and materials. Fortunately, possibilities to adapt for the better exist, and it is likely that one long-term benefit of the virus will be prompting advantageous supply-chain changes.
As consumers continue to move more boldly into the digital realm, it has become increasingly clear that their personal data is of considerable value to different stakeholders. Whether it’s through their heart rates monitored by their watches, their geolocation data provided when they check into particular restaurants
If it feels as if artificial intelligence is taking over, there’s a reason for it. It is. The democratization of AI has begun, and the technology is set to change the world as we once knew it. Banks won’t be left out of the transformation. While bank senior executives cheer the cost-saving and efficiency-boosting potential of AI, bank employees may fear for their jobs. But that’s where reskilling steps in