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Banking and FinanceSpecial Reports

IMF Warns of Overcapacity in China’s Manufacturing Sector

The International Monetary Fund (IMF) has raised concerns about China's manufacturing sector, highlighting issues of overcapacity despite a generally improved economic outlook. China last faced significant overcapacity in 2014-2016, following extensive stimulus packages introduced by Beijing and local governments during the 2008-2009 Global Financial Crisis. This overcapacity was particularly evident...
Tech and Innovation

PwC’s 2024 AI Jobs Barometer Reveals: AI Job Growth Spurs Opportunities and Challenges for Young Workers

PwC's 2024 AI Jobs Barometer reveals that industries rapidly adopting AI—such as professional services, financial services, and technology—are experiencing productivity growth five times faster than those with slower AI adoption. Workers possessing AI skills can command up to a 25% wage premium. AI is revolutionizing worker capabilities and their value...
Helen Baker
CEO Insider

Separating AI hype from investment opportunity

Amidst the considerable hype around AI and its seemingly endless possibilities, the technology’s proponents and critics alike can be prone to embellishment – making the extent of its investment potential difficult to ascertain. ‘Revolutionising’. ‘Unbiased’. ‘Productivity gains’. ‘Impersonal’. ‘Unethical’. ‘Make humans obsolete’. All these and more have been attributed to...
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