It will take approximately 170 years to close the world’s gender gap, according to The World Economic Forum’s latest gender gap report. While a lot can change in 170 years, including new developments to accelerate this process, a key focus is the adaptability of the labor market to the projected needs of the fastest-growing industries. For the next 20 years, this means adapting to the digital revolution that is currently taking place. Continue reading “Can digitization accelerate closing the world’s gender gap?”
Category: Technology
Accelerating Ahead: 238 Miles
A key achievement was announced earlier this month when an American automaker unveiled the latest breakthrough electric car available for the masses. No, I am not talking about Tesla Motors but in fact the century-old Detroit-based General Motors. Continue reading “Accelerating Ahead: 238 Miles”
Accelerating Ahead: Self-Driving Cars
The past week marked an important stage on the road to fully autonomous self-driving cars. Elon Musk, Tesla’s Chairman and C.E.O. announced a significant upgrade to ‘Autopilot’, the car manufacturers’ driver’s assist software. Previously, the radar simply acted as a supplement to its primary camera and image processing system. The software upgrade, Version 8.0, will make use of more advanced signal processing to create a picture of the world using the car’s onboard radar. Continue reading “Accelerating Ahead: Self-Driving Cars”
Battle for Online Supremacy: Amazon vs. Walmart
Online shopping is a key secular trend that is expected to become increasingly important for all retailers. Last week marked an important stage in the battle for e-commerce market share with Walmart’s $3.3 billion acquisition of Jet.com. Jet.com is a 2-year old start-up founded with the aim of taking on Jeff Bezos’ Amazon, the largest online retailer in the world and currently valued at around $360 billion. Continue reading “Battle for Online Supremacy: Amazon vs. Walmart”
Seismic shift led by Google and Facebook
Last week marked an important moment for rankings of the top 5 largest U.S. companies by market capitalization. For the first time ever, the list now belongs exclusively to technology companies. At the summit is Apple with $561 billion in market capital. Completing the list is Alphabet (Google’s parent company), Microsoft, Amazon and Facebook. Continue reading “Seismic shift led by Google and Facebook”