Later this week, we will be updating our analysis "So just what happened in the first quarter of the year". The economy appears to have expanded by 0.5% year on year, with strong growth in construction (4.5%) and services (0.7%). A positive performance overall offset by a 2% fall in manufacturing. Part of this drop reflects a return to trend. In our presentations, we forecast growth of 0.4% this year. At present there appears to be no reason to adjust the forecast. The Bank of England now expects the U.K. to avoid recession in 2023. We always considered the Bank and the OBR to be too gloomy.
Dimensions of Strategy ... our Series on Artificial Intelligence Artificial Intelligence (AI) is the rapidly growing field transforming the way we live and work. From self-driving cars to smart home devices, AI is becoming an increasingly integral part of our daily lives. As the technology continues to evolve, it is essential to understand the potential benefits and challenges of AI, as well as its impact on society and the economy. In this series of articles, we will explore the world of AI, from its history and development to its current applications and future potential. We will examine the ethical and societal implications of AI, including issues of bias, privacy, and job displacement. We will also look at the ways in which businesses and industries are using AI to improve efficiency, productivity, and customer experience. The great thing about AI is we are able to write the series using AI. We experiment with ChatGBT, ChatBot and Aiyla to develop the outline and content. Whether you are a business owner, a technology enthusiast, or simply curious about the world of AI, this series of articles will provide you with valuable insights and perspectives on one of the most exciting and transformative technologies of our time. The Series is available here ... Dimensions of Strategy - Artificial Intelligence
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