Artificial intelligence is being heralded as one of the most transformative technologies of all time, with the potential to radically improve productivity, reduce costs, and drive economic growth. But as the AI revolution unfolds, a paradox is emerging: AI has deep deflationary potential, yet its explosive demand for electricity and infrastructure introduces inflationary pressures. Understanding these contradictory forces is essential to understanding how Artificial Intelligence could shape macroeconomic trends in the coming decade. The Deflationary Power of AI AI’s primary deflationary force lies in its ability to automate tasks across every sector of the economy — from legal document … [Read more...]
Emerging Technologies
The world today is driven by emerging technology and innovation. These technologies not only make our lives easier but also have resulted in a competitive business market. The adoption of emerging technologies and innovation in institutions has also strengthened management and governance across all business levels. However, with the numerous emerging technologies, you might be wondering which might be the best to explore. Below are some of the top emerging technologies that show growth opportunities. Internet of Things (IoT) IoT provides a network of embedded physical objects for people to connect and exchange data with other systems. This fuels efficiency in performance by lowering … [Read more...]