Artificial intelligence is a dramatic illustration of the way assumptions that used to be taken for granted – for example about what constitutes economic activity.

How knowledge is exchanged, or how humans communicate – can be radically undermined. In the future, machines will no longer substitute for human labour merely by automating simple routine tasks; increasingly they’ll be competing directly with modern knowledge workers [2].

Highly skilled employees will have to think about whether their current skills will still be in demand down the road, or whether they’re going to have to completely change the contribution they make to value creation.

The transfer of part of or an entire value chain to a low-cost site—a practice known as offshoring—has expanded across various countries in the world. Initially, companies began outsourcing their services to developing countries solely to reduce costs, but today, they also continue this practice in order to have access to a qualified workforce.

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