Impact of Artificial Intelligence and Disruptive Technologies on Post-COVID-19 World Economy: Part 1

The World Economic Forum (WEF) classifies disruptive technologies as one of three components of the 4th industrial revolution, the other two being innovation and the rise of social media. All these three derive their roots from artificial intelligence. And this puts AI at the core of the 4th industrial revolution. It has a transformative impact on the labor market, business, international trade and trade negotiations, banking and payment systems, and overall GDP growth. The growth of Artificial Intelligence (AI) and the development of disruptive technologies continue unabated. Economic conditions that support the fourth industrial revolution stand to change significantly in post-COVID-19 world economy. And the role of AI and disruptive technologies may change as well. In this episode of The Risk Experience Podcast, we discuss the impact of disruptive technologies on the global economy in the aftermath of the coronavirus pandemic, focusing mainly on the labor market and industry. This will constitute part one of this discussion. In part two, we shall turn our attention to the impact of disruptive technologies on international trade and the global economy, post-COVID-19. Joining me for this discussion is Dr. Badri Narayanan Gopalakrishnan.