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Covid-19 will change everything

Covid-19 will change everything - it will destroy business models while unlocking new ones. Verizon just bought Blue Jeans to go after Zoom. Who is not doing video now? In this piece, Ify looks into that post covid-19 and posits some implications.

While we expect that a fuller embrace of advanced technology will vary across economies, industries and enterprises, the disparities will become clearer over time. James Manyika, of McKinsey Global Institute, says ‘the mass deployment of automation in the workplace will occur occupation by occupation, technology by technology and activity by activity’. Highly innovative and manufacturing businesses are expected to move faster in deploying automation and AI in the workplace. In highly innovative businesses, lower-skilled positions are lost as higher-skilled positions, requiring higher educational requirements, are created. There is no doubt, the future of global education will also change to meet growing demand for a higher-skilled workforce.