As new technologies such as artificial intelligence shape our workforce, cities are racing against time – and each other – to develop the right infrastructure, the right culture and the right environment to foster local innovation.
According to the 2020 Global Talent Competitiveness Index (GTCI), which measures 155 cities according to their ability to enable, attract and grow talent as well as develop global knowledge skills, New York is nailing it.
The Big Apple ranked first in the world for its ability to attract workers, and also ranked very highly for its ability to build global knowledge, as well as enable and grow workers.
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However, it seems people don’t tend to stay in New York for very long, performing poorly in its ability to retain workers (45th out of 155 cities).
The second-most attractive city in the world for attracting and cultivating global workers is London, followed by Singapore, San Francisco and Boston.
Hong Kong, Paris and Tokyo came in 6th, 7th and 8th place, with Los Angeles and Munich rounding out the top 10.
Sydney just missed out on the top 10, coming in 11th place, but performed well when ranked on attracting workers at 7th place.
Melbourne ranked 21st place, and Brisbane rated a mention at 43rd place.
The theme of this year’s GTCI is artificial intelligence, which the report said is exacerbating global divides.
“AI talent is scarce and unequally distributed across industries, sectors, and nations. More than half of the population in the developing world lack basic digital skills,” the 2020 GTCI report said.
“In the age of AI, this digital skills divide is broadening, with a few countries progressing quickly while most of the developing world is lagging. AI policies and programmes should work to minimise negative outcomes and increase access to AI for those left behind.”
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