Skip to main content

Posts

Showing posts from July, 2024

Economic Boom and Industry's Apprehensions

Important Juncture of Economic Growth. We are at a juncture in which economic progress is about to boom. Everyone in the industry knows it. But fear to proceed, because of inflationary apprehensions. Industry fears to expand and grow at a phenomenal rate, post-COVID, even with abundant high-quality human resources in the market. Artificial Intelligence made redundant jobs obsolete and freed up more human resources, further increasing the availability of highly skilled professionals. AI is not causing job loss. However, the Industry is not expanding with more jobs at a rate, AI is making the industry grow. Because the Industry fears inflation will go to uncontrollable levels. Skilled and Unskilled Labor We have to promote both skilled and unskilled workers' job prospects by expanding Manufacturing, High-Tech, and Services Industries. The real value of money lies in a country's Human Resources, not in Gold or Printed Notes. We have to promote Small Businesses in Developed and Dev...