“Kedrosky and Norlin believe demographic trends will ultimately lead to a drastic decline in overall productivity as industries like retail, manufacturing, and health care struggle to fill open positions. There’s some indication that those trends are, in fact, here to stay. The overall labor force participation rate is still about a percentage point lower than it was in February 2020. In a workforce the size of the U.S.’s that can equal several million workers.”—A.I. came at 'perfect time' to save the economy, VC says | Fortune
The Future of Productivity: Demographic Trends and Labor Shortage
About Me
Digital transformation, including agile and devops, across many industries, most recently in higher education. Designed and built the Emory faculty information system. Working in continuing education to improve and expand career-focused learning, esp. in workforce development. Expanding the role of innovation and entrepreneurship. Designed, built, and launched the Emory Center for Innovation.
Recent Posts
- The Biggest Education Trends Of The Next 10 Years
- Jasper is a useful tool for developing employee training.
- The IMF Warns About AI’s Impact on Inequality
- It’s going to take a century for artifical intelligence to be able to perform most human jobs. But there are going to be some key developments during the next decade.
- Many businesses are not yet prepared to fully reap the benefits of AI.
Favorite sites
- Daring Fireball
Favorite podcasts
- Manager Tools
Leave a Reply