Artificial intelligence (AI) is revolutionizing the workplace. According to the Organization for Economic Co-operation and Development (OECD), 27% of jobs in the organization’s 38 member countries rely on skills that could be easily automated in the coming AI revolution, Reuters reported Tuesday (July 11). The jobs most at risk...
Following slow progress on international agreements, France has doubled down on its digital service tax. First announced in 2019 and implemented in 2020, the digital service tax (DST), which targets companies with €750 million ($790 million) in an annual global turnover and at least €25...
eCommerce giant eBay has jumped into the non-fungible token (NFT) business with a line of collectibles featuring hockey legend Wayne Gretzky, generally acknowledged as the greatest and most dominant player ever to grace the ice. Gretzky’s unrivaled 20-season career is the subject of the first...
Artificial intelligence (AI) is a driving force of innovation due to its rapidly evolving technology, strong cross-domain connectivity, and the growing number of industry applications, Luis Aranda, AI policy analyst at the Organization for Economic Cooperation and Development (OECD), told PYMNTS in an interview. Aranda is part...
August 18, 2020
The global eCommerce market is a juggernaut, containing up to 24 million sellers and 2 billion digital buyers, with sales expected to reach $4.13 trillion in 2020. These staggering figures belie the challenges faced by smaller industry players, however, with only 35 percent of small- to mid-sized businesses (SMBs) surviving their first decade in operation. […]
June 27, 2024
A new report says teens in more prosperous countries are lacking in financial literacy. While more than two-thirds of students routinely use financial products and services, levels of financial literacy are too low to make sure they can avoid financial risks, the Organization for Economic Cooperation and Development (OECD) said Thursday (June 27). “These results, […]
July 11, 2023
Artificial intelligence (AI) is revolutionizing the workplace. According to the Organization for Economic Co-operation and Development (OECD), 27% of jobs in the organization’s 38 member countries rely on skills that could...
March 09, 2021
While the rollout of COVID-19 vaccinations means a global economic recovery is in sight, the pace of inoculating populations must increase if the economy is to rebound, the Organization for...
January 29, 2021
Germany’s finance minister sees OECD member states reaching a deal by this summer on imposing a tax on major digital firms. OECD member states have until this summer to agree...
