So far, it is very clear that artificial intelligence (AI) is the most impactful trend of 2023. From breakthroughs in natural language processing to improved adoption of AI by businesses, we’ve seen significant strides at breakneck speeds. No other innovation has the potential to change the way we live and do business like AI does, […]
In 2022, the European Financial Reporting Advisory Group (EFRAG), the U.S. Securities and Exchange Commission (SEC), and the International Sustainability Standards Board (ISSB) drafted proposals for disclosure standards relating to sustainability and/or climate-related issues. The U.S. Securities and Exchange Commission, specifically, is requiring registrants to include information about climate-related risks that will likely have a […]
Workflow automation and digitization refers to the use of software and other digital technologies to reduce (or eliminate) the number of manual tasks within the workplace. Generally speaking, this aims to boost corporate efficiency in a variety of ways, including: Transferring data between platforms. Sending messages to internal employees. Creating and sending out calendar events. […]
It appears that 2023 will continue to be a year of growth for gig workers, and the umbrella of gig work keeps growing as well. When we talk about the gig economy, we now include the following types of workers:[1] Freelancers – People who work as writers, graphic designers, performers or the like, selling work […]
There’s no denying that COVID-19 accelerated the corporate focus on workers’ wellness, and we now know that employee well-being is directly related to the overall health and success of any business. Pragmatically speaking, investing in employee wellness can produce measurable return on investment (ROI) in terms of reduced costs and increased profits, but it can […]
Could 2023 be the year we forgo the five-day workweek? Shorter workweeks have been talked about for years, but for the first time, the idea is gaining serious traction in the U.S. Even though the 40-hour workweek has been standard practice for decades, it’s actually a relic from the 1920s when Henry Ford found that […]
It is probably no surprise to hear that extensive research has predicted that remote and hybrid working arrangements will become standard in the coming years. According to a recent press release put out by Gartner, it’s currently forecasted that 39% of all global knowledge workers will work in some type of hybrid model by the […]
The unprecedented pace of AI development has taken many people by surprise and has added to a growing unease about this new technology. Fears about the speed of AI development hit a crescendo on March 22nd, 2023, when an open letter signed by tech experts and entrepreneurs, including Elon Musk, urged all AI labs to […]
Artificial Intelligence (AI) is impacting the ways in which many industries do business, and retail is no exception. AI has the potential to revolutionize the retail industry by increasing profits, improving marketing and advertising ROI, increasing sustainability, improving customer service and experience, streamlining inventory management and aiding in loss prevention. It’s predicted that AI services […]
In March of 2020, the global supply chain was brought to its knees by COVID-19. When we talk about the supply chains, we’re talking about all the links between resources, processes and businesses that are part of the manufacturing, marketing and distribution of products from start to finish. As we saw during the pandemic, if […]
On January 31st of 2023, news got out that an AI-powered Equity ETF (AIEQ) from ETF Managers Group was up 13.5% year to date as of January 27th according to data from Morningstar. That’s twice as high as the performance of some other well-known ETFs. And while AIEQ is an actively managed fund with fees […]
There has been much hand-wringing about ChatGPT recently and how it might enable a generation of students to simply cheat their way through school. If you’ve been around long enough, you may remember the same worries about the use of handheld calculators in schools. The truth is that every generation will bring new technological advances. […]
The COVID-19 pandemic helped to speed up tech adoption in the healthcare industry in many ways. In one stunning example of rapid AI development, MIT created an AI program that could listen to a person’s cough and identify a regular cough from a COVID-19 cough, even if the patient was asymptomatic. According to their study […]
According to recent statistics posted September 22, 2022 on Zippia, the gig economy has grown by 15 percent in the past decade. That’s 15 times the rate of overall job growth experienced during that time. In addition, at least 48 percent of companies currently hire freelancers and 90 percent of these organizations see gig work […]
The global coronavirus pandemic has forced innumerable changes to why we work, when we work, how we work and where we work. When businesses in every industry were forced to change the way they operated, the roles of employees within those organizations were forced to change as well. One of the roles that has seen […]
It may seem as if the push for corporate diversity, equity and inclusion (DEI) initiatives began with recent social justice movements such as Black Lives Matter and Me Too. But in reality, DEI initiatives began in the early 1960s as a response to the civil rights movement and the subsequent Civil Rights Act of 1964. […]
When dealing with the aftershocks of the COVID-19 pandemic, organizations are finding that the post-pandemic business recovery is somewhat ambiguous. There are still critical business challenges that need to be examined. For example, during the pandemic, businesses had to pivot quickly and develop alternative approaches to cope with economic uncertainties. Some of these strategies focused […]
While the impact of the COVID-19 pandemic has yet to be fully realized, there is no denying that it has permanently transformed the healthcare system and the way doctors, pharmacies and hospitals do business. As we slowly creep into a post-pandemic world, how we treat patients, deliver medications and administer healthcare will be forever changed. […]
To quote the late, great Yogi Berra, “It’s like déjà vu all over again.” As we approach the summer of 2022, we are still dealing with the same issues we had in the summer of 2021 and the summer of 2020. COVID-19 case counts are going up again across the U.S. due to a rise […]
As the Omicron wave of COVID-19 falls off the backs of our shoulders, many legislators and political leaders have decided to ease pandemic restrictions, which includes lifting mask mandates. Private businesses have followed suit. In fact, most of the country, and the world, is moving forward as if COVID-19 is over. The U.S.’s decision to […]
