Global Scans · Telecoms · Weekly Summary

• AI is likely to become a significant force in disrupting the healthcare system and will be a heavyweight influencing factor in the development of biopharmaceuticals over the next 10 years. TechNode
• Economic Opportunities: Investing in hydrogen technologies creates opportunities for economic growth, job creation, and technological innovation in India's clean energy sector. EDUREV.IN
• The current regulatory apparatus is slow to adapt to emerging technologies and poses a threat to the UK's tech superpower ambitions, researchers found, with future jobs and the potential for economic growth in jeopardy. CityAM
• Over the next decade, restaurant companies will likely employ automated technologies, including some forms of AI, across a broad range of job roles. Restaurant Dive
• An estimate done by the World Economic Forum's Future of Jobs Report predicts artificial technology will create 97 million jobs, which may eventually lead to the creation of new majors in colleges. The | Corsair
• Britain should be taking a cue from the US and following suit with investment in green technology that will create jobs for the future. Yorkshire Post
• Businesses are actively investing in blockchain technology which creates abundant job opportunities, making it one of the future jobs that will be in demand by 2040. Yahoo Finance
• The IEA's seminal report, Net Zero by 2050: A Roadmap for the Global Energy Sector, projects that the energy transition will create 14 million new jobs related to clean energy technologies and require the shift of around 5 million workers away from fossil fuel sectors. IEA
• Generative AI could inject the US GDP with $1 trillion in additional annual value by 2032; as many as 13% of companies could be leveraging the technology in three to four years; and most jobs will be disrupted in some way by generative AI in the next 10 years. News | Cognizant Technology Solutions
• The energy transition needed to reach net zero emissions will create about 30 million new jobs related to clean energy technologies by 2030, many of which require additional skills and training. IEA
• College graduates are worried about their work readiness and potential to secure jobs due to the rapid emergence of generative AI, while employers acknowledge how the hiring landscape is being changed quickly by the new technology. eLearningInside News
• Only a supportive fiscal environment will empower startups to invest boldly in cutting-edge technologies, leading to job creation and global competitiveness. Mint
• AI will lead to a wave of unemployment and economic disruption as it takes jobs worldwide, but others believe that the technology will create new job opportunities and spur economic growth by boosting worker productivity. Fortune
• The Nigerian government could leverage technology to improve the ease and cost of doing business, enabling the private sector to create new job opportunities, resulting in improved competitiveness. Leadership News
• If 2022 and 2023 were the years for layoffs, 2024 will be the year for the creation of new jobs which will help enforce AI regulations, prompt AI tools, develop the technology behind artificial intelligence, and conduct research. Forbes
• The rapid evolution in AI technology has led to a huge boom in business opportunities and new jobs - early reports suggest AI could contribute $16 trillion to the global economy by 2030. Security Intelligence
• As the adoption of AI and other technologies continues to expand, it will transform how we perform work with the potential to disrupt 83 million jobs globally and create 69 million new roles by 2025. IBM Blog
• Humans would eventually not need to have jobs thanks to advances in AI, while other sources have predicted that technology could replace millions of jobs. Personnel Today
• From luxury cars to workhorse excavators, the latest in collaborative R&D support via the APC - worth £67 million - will accelerate the development of zero emission technology in the UK, safeguarding and creating jobs and supporting investment in cutting edge R&D. GOV.UK
• AI's net effect on jobs will be neutral up to 2026, due to employers taking time to determine what AI technologies to use, where to employ them and how to integrate them. SThree
• 50,000 AI industry jobs by 2026 - Artificial intelligence will usher in a new era of technological and economic transformation over the next two decades which will create over 50,000 jobs in Nigeria's AI industry by 2030. Businessday NG
• Utah's leadership role in geothermal production demonstrates the potential for technological advancements in the energy sector and the opportunities for job creation in the transition to a sustainable energy future. EnergyPortal.eu
• Vodafone is in the process of cutting 11,000 jobs from its global workforce by the end of 2025, more than 10% of its 104,000 global staff, the largest round of cuts in the troubled telecoms group's history. The Guardian

Last updated: 11 November 2024