Emmanuel Macron Talks to WIRED About France’s AI Strategy with €1.5bn financial support over 5 yrs…This technology will be a major disrupter and a force for greater productivity – especially health care and mobility sectors https://www.wired.com/story/emmanuel-macron-talks-to-wired-about-frances-ai-strategy/?mbid=social_twitter_onsiteshare … via @WIRED
Continue ReadingAndy Haldane, chief economist if the Bank of England, believes that even modest management improvements amongst complacent companies could lead to an overall productivity leap. The FT recently reported the success story of a four-decade-old glassworks at Cumbria Crystal near the Lake District, where molten glass is still blown by mouth and where […]
Continue ReadingUnfortunately, according to the Office of National Statistics in February 2016, “The U.K.’s ‘productivity gap’ of about 14% is about twice as large as the gap for the rest of the G7” Quoted in the FT, Ann Francke, chief executive of the Chartered Management Institute (CMI), said one problem is that in the […]
Continue ReadingAs we have said before, productivity isn’t everything, but in the long run it is almost everything…this was Nobel prize-winning economist, Paul Krugman’s statement that a country’s ability to improve its standard of living over time depends almost entirely on its ability to raise its output per worker hour. As Martin Wolf points out in today’s […]
Continue ReadingAccording Nobel prize-winning economist, Paul Krugman, a country’s ability to improve its standard of living over time depends almost entirely on its ability to raise its output per worker. If countries are to grow, either its people need to work harder (or longer…), or they need to increase immigration (as the US, UK and Germany […]
Continue ReadingCIPD – The Chartered Institute of Personnel and Development has questioned the government’s priorities on improving the UK’s productivity. Although the UK’s GDP has grown in recent years, this has been predominantly as a result of immigration increasing the size of the work force; productivity in terms of output per head has been more or […]
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