Browsing: productivity

ATHENS—Is AI a bubble? It all depends, we are told, on whether massive investments in the technology will massively boost productivity. Optimists are convinced that future productivity gains will be colossal, even if a market correction is necessary to draw some hot air out of the current boom. Pessimists, from Goldman Sachs’ Jim Covello to…

Productivity is a word that most people don’t think about. It’s something that’s often left to economists and their spreadsheets, certainly not of concern to a person totting up the weekly shop, or a small start-up wondering whether to take on a bit more debt to expand.

Productivity has risen by almost a quarter among more than 1,700 of Wales’ highest-performing businesses, although the number of firms achieving growth in both jobs and turnover has fallen sharply.

ALFA President Grant Garey addresses the opening session at BeefEx on the Gold Coast this morning

The bosses are trying to convince workers that lower corporate taxes, fewer regulations and workers’ rights, and less union power would be good for real wages. What they really want is more profits at the expense of the working class.

Walking around campus, you’re sure to see it: the black and navy-clad swarms, resume workshops packed to the brim, group interviews and LinkedIn updates. It’s a mania, and I wanted to get to the bottom of it. Not just why so many people want to join certain pre-professional fraternities or clubs, but why they are…

In one of the emails Oliver Burkeman, author ofTime Management for Mortals, sent out to his subscribers, he talked about how we typically treat our to-do lists like buckets that we need to empty every day. 

Artificial intelligence is generating notable efficiency improvements in companies across China, a fresh ILO research brief has found. The study, authored by Ekkehard Ernst from the ILO Research and Statistics Department alongside scholars at Renmin University of China, looks at corporate adoption patterns and raises flags about skill shortages, worker displacement and consequences for employees’…

Jonathan Portes explains why the ONS updated its productivity estimates for the period between 2009 and 2019 from 0.7 per cent to 1.3 per cent and what this change actually means for the UK economy. 

Malaysia offers a revealing view of the artificial intelligence (AI) productivity paradox. Nearly one in four workers already qualifies as a “Frontier Professional”, someone who uses advanced AI tools to reshape daily work, compared with 16% globally. Seven in ten Malaysian AI users also say they now produce work they could not have created a…