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Global Talent in the Age of AI

This is the seventh edition of the Global Talent Competitiveness Index (GTCI) report. With its global coverage and wide range of variables, the GTCI continues to broaden its readership and to be used as a reference of choice by governments, business, and talent experts around the world. Its city component is also rapidly gathering a large audience.

Focus

This new GTCI report focuses on Global Talent in the Age of Artificial Intelligence, following the path initially explored by the GTCI 2017 theme of Talent and Technology.

Artificial Intelligence

Big data—largely fuelled by the internet of things (IoT)— has taken deep learning and Artificial Intelligence (AI) to levels that, until a few years ago, many considered unreachable for several decades. But in and around AI, technical advances are often mismatched with the institutions and mechanisms necessary for their full social acceptance and sustainability: Regulatory, ethical, and values-based AI strategies are among the dimensions that require specific (and coordinated) efforts.

Talent

Talent competition, and labour markets in general, have started to be impacted by the rise of AI; this trend will not diminish in the foreseeable future. The analyses, chapters, and interviews contained in this report illustrate and explore several key dimensions of the talent/AI equation. Whether from the point of view of needed training and up-skilling that would allow workers to make the best of new opportunities, or from
that of establishing a firm ‘value base’ from which to develop ‘AI for good’, contributors to this year’s edition of the GTCI are highlighting the potential of AI as well as the pitfalls that can be anticipated and mitigated.

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Tool for action

Once again, the purpose of the GTCI is to be a tool for action. It is our hope that the data, inputs, and considerations contained in the following pages can be of value to the decision makers of private and public organisations involved in talent and job creation.

Improvements

This year again, the GTCI model has been refined and improved. Some variables have been removed or replaced and a few new ones have been added. One of the main new features is the introduction of a ‘Technology adoption’ component that provides a measure of how countries use and invest in new technologies, including AI. As a result, the total number of indicators has increased from 68 to 70.

Country coverage in the GTCI 2020 has also expanded and the index now includes 132 countries— up from last year’s 125 countries.
Now a regular feature of the report, the special section on cities offers a ranking of 155 cities along the various dimensions of the Global City Talent Competitiveness Index (GCTCI).

This year, the model has primarily been improved in three ways:
First, variables that are more business- and impact-oriented— for example, those on foreign direct investment and patent applications—have been introduced to the model.

Second, theshare of values proxied by regional or national data has been
reduced, so that almost all values refer to city-level data.

Third,the structure of the model has been refined in that some indicators have been placed in another pillar for conceptual reasons, which has also resulted in bringing the GCTCI model closer to the GTCI model.

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Talent competiveness

As last year, a time-series analysis is proposed, that looks at the evolution of national economies over a six-year period of GTCI data, illustrating ways in which countries’ talent competitiveness has changed over time, both in absolute terms and in comparison with other economies.

We have also pursued our strategy of minimising the environmental impact of GTCI production and dissemination. The report is now produced exclusively in electronic format, and it remains accessible for free through dedicated websites.
This year again we want to express our deep feeling of gratitude to our faithful partner, the Adecco Group. We also welcome Google as a new partner. Our thanks go to the executives and teams involved in these organisations, and also to all the individuals, institutions, and entities that have contributed chapters, interviews, data, and ideas to the present edition.
As in previous years, we wish to direct special thanks to the European Commission Joint Research Centre (JRC), which has continued its highly professional and constructive evaluation of the strengths and weaknesses of the GTCI model. Finally, we acknowledge with gratitude the continued support of our prestigious Advisory Board.
The GTCI continues to be a work in progress, fed by the reactions, suggestions, and criticisms received from its increasing circle of readers and users. We hence look forward to hearing more from you about the report, and how we can make it evenbetter in the future

Source: report

GTCI-2020-Report-1

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