The ‘new’ economy is here, and guess who the big losers are

World

The ‘new’ economy is here, and guess who the big losers are

Covid-19 has delivered a quantum leap but it may prove to be destructive for many of us

Tom Rees

“The future is arriving early,” declares Bhanu Baweja, chief strategist at investment banking firm UBS. “The lessons consumers, businesses and governments learn ... will very likely stick.”

He expects e-commerce, artificial intelligence, health tech, cloud computing and automation to all “take a quantum leap” as a result of Covid-19.

If the economy of the future has arrived early, are we ready for it?..

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