AI to drive GDP gains of $15.7 trillion with productivity, personalisation improvements Global GDP will be 14% higher in 2030 as a result of AI – the equivalent of an additional $15.7 trillion. This makes it the biggest commercial opportunity in today’s fast changing economy according to new research by PwC. Drawing on a detailed analysis of the business impact of AI, Sizing the prize outlines the economies that are set to gain the most from AI.
Global Top 100 reach record $17.4 trillion in PwC’s Global Top 100 companies ranking, with the US extending lead The market capitalisation of the 100 largest companies globally increased significantly by $1,861bn or 12% compared to 31 March 2016, according to PwC’s Global Top 100 ranking, released today. This increase more than reversed the dip in 2016 and is the highest value on record.
Prospective hires look for flexibility, easy-going co-workers, and the ability to take longer breaks from work Asked to rank job characteristics in order of importance, prospective hires put flexible work options and a good rapport with colleagues at the top of the list. Money is important, but prospective employees’ needs go beyond their salary: they only ranked it third among the top five priorities. In the survey, conducted between November 2016 and March 2017, PwC Hungary asked 13,000 high schoolers, college students and recent graduates about their job preferences.
Majority of global financial services companies plan to increase FinTech partnerships as 88% concerned they will lose revenue to innovators A large majority of global banks, insurers and investment managers intend to increase their partnerships with FinTech companies over the next 3 - 5 years and expect an average return on investment of 20% on their innovation projects, according to a new PwC report Redrawing the lines: FinTech’s growing influence on Financial Services.