economy
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Taylor Swift Overshadows Olympics As US Luxury Travelers Flock to Paris for Concerts
Come over at GoSwifties.com Move over Olympics, there’s a new superstar in town! While Paris braced itself for the 2 million international visitors expected for the 2024 Games, Taylor Swift’s “Eras Tour” is proving to be a much bigger draw for American luxury travellers. This week, the billionaire songstress kicked off the European leg of her…
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4 Ways AI Could Transform The Economy As We Know It
The European Central Bank – but could AI soon usurp its role?Image: Reuters/Wolfgang Rattay Artificial intelligence is catalyzing significant paradigm shifts in the economic landscape, including the redefinition of currency with AI tokens, a new metric of economic efficiency measured in computational energy use, and the unparalleled influence wielded by AI foundation models. The monopolistic nature…
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Clean Air Is A Valuable Economic Asset. Here Are 4 Steps To Achieve It
The benefits of clean air extend well beyond the environment; it is also key to human health. There is no dearth of headlines on air pollution from Dubai to Delhi to DC. And every year they get starker. At COP28, the first ‘Health Day’ was ironically marked by the Dubai skyline being covered by smog, and…
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How Trade Can Power Economic Revitalization For Growth, Jobs And Nature
Trade powers productivity. Trade powers productivity. It is an engine of innovation, driving knowledge spill-over and technology upgrading. It can encourage improved governance and institutional reform. ‘Slowbalization’ has held back trade since the mid-2000s. After the slump and surge of the COVID-19 pandemic, we must again harness trade’s capacity to support growth, employment and sustainable…
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Why Decoupling Economic Growth From Emissions Is The Key Net-Zero Mindset Shift
Harness digital transformation to grow your business while lowering emissions. One of the biggest mental obstacles to adopting aggressive emissions reduction goals is a perceived conflict between business growth and emissions reduction. Intuitively, it makes sense to us that growth – doing or producing more – means a corresponding rise in energy usage and carbon…
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Data To Watch In 2024, From Digital Jobs To Climate Change And Health
66% of risk analysts surveyed say extreme weather is an immediate risk. 56% of chief economists expect a weaker global economy in 2024. 40% of potential global digital jobs are in accounting, legal and finance. $12.5 trillion could be the cost of lost global productivity and GDP as a result of climate health impacts. These…
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On-Device AI Would Democratise GenAI And Ensure Inclusive Participation In The Economy
The generative AI (GenAI) revolution is here. The pace of innovation and development in GenAI, as well as its adoption, is unprecedented and its impact will be transformative as GenAI applications become indispensable companions and business enablers. Over 93% of employers expect to use GenAI within the next five years to increase innovation and creativity, automate repetitive…