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AI augmentation and automation will alter job markets

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INT

AI will lift global economic productivity over the coming decades, but also transform labour markets

Pandemic fuelled uptake of digital tools but unevenly

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INT

Pandemic-linked disruptions brought millions of new people online for the first time but wide gaps persist

AI proliferation will have serious environmental costs

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INT

Recent breakthroughs in AI will intensify the digital economy’s environmental footprint

COVID connectivity boost leaves social gaps intact

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INTERNATIONAL

COVID-19 lockdowns incentivised 783 million new users to come online during 2020-21

Data intensity of global internet traffic will rise

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INT

Demand for data-voluminous digital services has risen dramatically, partly due to the COVID-19 pandemic

Pandemic will accelerate the rise of digital payments

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INT

Digitalisation of the global economy has increased the use of cashless payments worldwide

Investing in people is key to a sustainable recovery

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INT

The pandemic has damaged human and social capital; both are key to economic prospects but under-recorded in GDP accounts

Internet shutdowns raise risks across Global South

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INT

Governments across the developing world are regularly shutting down online communication to restore political control

Prospects for emerging economies in 2023

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PROSPECTS 2023

Emerging market and developing economies (EMDEs) face a cocktail of crises and global tensions will curb remedial action

The pandemic has worsened global cooperation prospects

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INT

Economic stagnation and employment or livelihood crises are most feared by executives surveyed worldwide