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
“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?..