November 21, 2022

Lessons Learnt from the Economy and How Machine Learning Can Help

In today’s global economy, there are no easy choices. Inflation is running amok, fanned by rising energy and food prices, and the stimulative policies of the Fed in prior years had the impact of drawing forward demand. As a result, real wages in the US are down nearly 4% for approximately 115 million Americans. On top of this, disposable income is declining, and inventories are rising. Demand is showing signs of weakness, with interest rates increasing and the dollar’s strength. CEOs of global corporations today face an impossible set of challenges in managing their companies, discusses Edward Scott, CEO at ElectrifAi.

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