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After more than a year of Covid-19, the world is learning to adapt to its disruptive influence. With an economic recovery now underway, it is time to look ahead to a future that will inevitably be shaped by the trends initiated - and accelerated - by the pandemic.
The pace of technological development in areas like robotics, virtual reality (VR) and artificial intelligence (AI) has been frenetic. The impact is already being felt in new investment opportunities but also in lost jobs. While it may be too early to pinpoint what the ultimate result of all this disruption to existing business models will be, what is for certain is that there will be far-reaching impact and significant change.
A key characteristic of the post-Trump, post-Brexit world is a causal link between global trade dynamics and slower economic growth, and a rise of nationalism and populism.
The economic outlook for the post-Trump, post-Brexit world is not necessarily gloomy, but it is uncertain, and the uncertainty is coming from the West, whilst Asian countries and emerging economies are seeing a rebound in growth.
AIC attendees voted on a range of financial topics – see the results.
China must become more innovative to grow over the long term. Beijing is investing billions in the start-up and maker scene with just this in mind. Out and about in Shenzhen, the Silicon Valley of southern China.
