“If you can’t explain it simply, you don’t understand it well enough.” – Albert Einstein
Carl Benedikt is a frequent speaker at public and private events. His key areas of expertise include:
The Future of Work
Is technology becoming more labour-saving and less job creating? Which jobs are still likely to be around in 20 years, and which are the new jobs and industries we can expect will emerge?
Over the course of two centuries, technological progress has gradually shifted the bulk of the workforce in advanced economies, from agriculture, to manufacturing, to services. As the pace of innovation is speeding up, businesses and governments need to prepare for a much faster transition. In particular, advances in Machine Learning and Robotics are making a substantially broader share of the workforce prone to automation, including jobs in finance, transportation, logistics, sales and services. Meanwhile, the rise of the sharing economy is changing the very nature of work. To make the future inclusive, global leaders need to understand how technology is transforming the world of work and the economic and political challenges it brings.
The Fourth Industrial Revolution
How can corporations navigate in times of rapid technological advances to succeed in their industries? As businesses are becoming increasingly digital, how do organizational structures need to adapt to increase productivity and maintain competitiveness? Today's companies are faced with advances in Robotics, Machine Learning, 3D printing, and the Internet of Things, just to name a few. As a result, leading companies can soon find themselves obsolete unless they become resilient to technological change.
Cities and Industrial Renewal
Although the Computer Revolution has arrived everywhere, cities have fared very differently over recent decades: while some cities have created new tech-industries and experienced rapid growth, others have virtually disappeared as jobs have been automated away. As old industries mature and decline, the success of cities crucially depends on their ability to foster innovation and entrepreneurship, to create jobs in new industries. Whether the objective is to become the next Silicon Valley or avoid becoming the next Detroit, local governments need to understand the factors underlying city growth, and manage the industrial renewal process.
The Future of Growth and Inflation
Despite rapid technological advances, why has productivity recently been sluggish? As automation puts downward pressure on wages and makes goods and services cheaper, can we expect inflation to stay low? And as wages stagnate, leading to lagging demand, should we expect stagnant growth as a result?
The future of growth and inflation crucially hinges upon trends in technology and their impact on productivity, jobs and wages. Understanding these interactions is essential for public and private investment decisions, central bank policy, and the future state of public finances.
For speaking enquiries, please visit the contact page.