Top 3 by Industry:
Artificial Intelligence: Power and Peril
Industry 1
Industry 2
Industry 3
Generative AI is already capable of automating ~33% of labor time, and its computational power is doubling every six months.
Re-Humanizing Work
Career options will become richer and more varied. Access to these opportunities will be unequal, but in new and different ways, cutting across traditional segments of physical, service and knowledge work.
Waving Goodbye to the Invisible Hand
The Dual Challenge of Decarbonization and Energy Provision
Capital Rationalization
Slowing growth of financial assets and reduced global capital mobility will combine with increased demand for capital, creating a structurally more inflationary environment and higher real rates in many markets.
Twin Focus on Bytes and Bricks
Post-Globalization
Seeking Community Among Fragmented Experiences
65%
of the executives believe AI will have a high on their organization in the next 3-5 years
Industry 1
Top 3 by Industry:
Industry 2
Industry 3
Generative AI is transformative but demands a thoughtful approach to managing the risks as well as opportunities.
As workers increasingly seek personalized careers, businesses will have to redefine their relationship with employees.
Countries and industries face increasing pressure to decarbonize, even as global energy demand keeps rising.
Companies and governments face more expensive and potentially scarcer capital amid higher interest rates and geopolitical tensions.
Increasing conflict between, and competition among, global powers is leading to a retreat from globalization to a more polarized world.
Increased intervention from governments and activist stakeholders will pressure corporate profitability and require new skills to manage.
To bring the physical economy back into focus, developed countries will need a step change in infrastructure investment.
Business has a role to play in repairing the social fabric for employees and consumers.
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65%
of the executives believe AI will have a high on their organization in the next 3-5 years
Most workers fit into one of six archetypes. Understanding the unique job attributes that matter most to each type can help companies tailor their talent strategies accordingly.
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65%
of the executives believe AI will have a high on their organization in the next 3-5 years
To limit global warming to 1.5 degrees Celsius, greenhouse gas emissions must decline 43% by 2030. By most measures the world is not on pace to achieve that reduction.
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65%
of the executives believe AI will have a high on their organization in the next 3-5 years
Developed economies saw profit pools surge from $1.2T in 2000 to $4.5T in 2018, but we are nearing the limit of lopsided distributional outcomes.
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Leveraging AI’s potential requires identifying industry-specific risks and opportunities, building the tech infrastructure that facilitates integration into operations, and providing AI literacy training to employees.
The impacts of automation and AI will require businesses to become talent investors, providing reskilling opportunities and flexible career paths.
Governments are investing heavily in renewables, but hurdles remain. Meanwhile, developing nations are driving demand for affordable, secure energy.
Increased government interventions combined with advocacy from consumers and employees will require businesses to navigate new challenges as they safeguard core growth engines.
65%
of the executives believe AI will have a high on their organization in the next 3-5 years
The cost of capital now approaches or exceeds 10% in most global regions, and data suggests this trend may persist for a decade or more.
As a period of capital superabundance ends, companies face difficult choices regarding debt and cost management, further complicated by a potentially greater role for governments in capital allocation.
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65%
of the executives believe AI will have a high on their organization in the next 3-5 years
Growth in the digital economy has far outpaced the physical economy over the past 30 years, but several factors are triggering a resurgence in the physical economy.
Of 20 core commodities underpinning the physical economy, 12 will soon present supply challenges; technology and innovation can help address scarcity concerns.
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65%
of the executives believe AI will have a high on their organization in the next 3-5 years
Global trade has never recovered to 2008 levels, and increasing restrictions (~5x 2017 levels) will only decrease the trade of tomorrow.
Foreign direct investment is declining markedly in Asia and Europe, and interest in reshoring/nearshoring is rising. Global military spending will reach $3T by 2030, up from $1.9T in 2020, a sign of a rapidly changing geopolitical environment.
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65%
of the executives believe AI will have a high on their organization in the next 3-5 years
Four times as many Americans reported having no close friends in 2021 vs. 1990, just one sign of a growing disconnect between individuals and their communities.
Businesses can address the rise in loneliness, social isolation, and other mental health challenges by promoting a sense of belonging at the workplace and deeper engagement with communities.
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