AI: Powering Innovation, Growth, and Global Economic Shifts

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The rapid rise of artificial intelligence (AI) is reshaping industries and redefining the global economy, sparking both excitement and caution. How can businesses harness its potential while navigating its challenges? In a recent TVBS News interview, David Barrett, CEO of EBC Financial Group (UK) Ltd., addressed these questions, offering fresh insights into AI’s influence on labour markets, the hurdles of monetisation, and its role as a driver of industry innovation. Barrett’s forward-looking perspective provides a roadmap for understanding this transformative technology and its long-term implications for economies worldwide.