The potential of Artificial Intelligence (AI) to profoundly disrupt our economy and society, from AI bots that can replace jobs on the factory floor, to drafting lawsuits, writing screenplays and composing music, is becoming increasingly clear. As a recent Goldman Sachs report noted, while AI could add to labor productivity growth and boost global GDP by as much as 7% over time, it will also severely disrupt labor markets, posing new challenges. According to the report, two-thirds of jobs in the US and Europe could be automated and around the world, as many as 300 million jobs could be impacted….
While there is currently a lot of attention focused on the financial capital required to transition to a net zero, low-carbon economy, there has been far less focus on the human capital skills and development needed and this may in fact be the most important challenge facing us when it comes to achieving net zero. Key human capital deficiencies that we currently face include: Addressing the skills gap – The numbers are challenging. In the energy sector alone, the International Energy Agency projected in its seminal report, Net Zero by 2050: A Roadmap for the Global Energy Sector, that the…
There is no question that a global framework of strong laws and regulations would be the best way to ensure sustainable supply chain practices. In a fractured global economy, however, with few worldwide or enforced sustainable supply chain standards, progress on better practices will continue to require corporate leadership backed by consumers and the public. In the past…