Where is technology taking the economy?
McKinsey & Co tackles the big question on everyone’s lips nowadays: How exactly will the great succession of new technologies such as the Internet, the cloud, big data, robotics, machine learning, and artificial intelligence affect the future of our economy? While we are purposefully creating an intelligence that is external to humans and housed in what is now coined a “virtual economy”, we are implored to ponder the possibilities – the risks, and all-new and exciting business opportunities. But along with that comes the complete shift from internal to external intelligence, which opens up another much-discussed downside: “technological unemployment”…
