Technologies like AI and digital twins can tackle challenges like equitable growth to sustainability: WEF
World Economic Forum (WEF).
The report added that to mitigate the growing shortage of skilled labour, the technology will capture the expertise of retiring employees and transfer it to the next generation.
When you combine AI with digital twins its impact becomes even greater. The possibilities include everything from performance monitoring and optimization to creating more realistic simulations and making precise predictions.
As technology makes industries smarter, the global productivity gap will also be filled and create more opportunities.
That's exactly what happened in the IT sector, it used to be that one IT administrator serviced 1,000 tickets. Today, thanks to digitalisation, they can service 100,000. It does not reduce IT jobs and we have better productivity.
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