Investments and Business

Artificial intelligence: opportunity or danger in the labor market – Personal Finance – Economy

Artificial intelligence: opportunity or danger in the labor market – Personal Finance – Economy

Definitely, technological transformations intensified in a development of every day, and more about the possible effects they would have on employment. Every day, the headlines of the media agenda ask themselves: Will AI take our jobs? Will we be replaced by this technology? Various experts have expressed concern that digitization combined with AI can mean accelerated automation and thus the replacement of workers by automated systems. However, according to the most recent report World Employment and Social Outlook: Trends 2023 from the International Labor Organization (ILO), AI is only in a 'installation phase'. Throughout this phase, the effects of this…
Read More
Orinoquía: these are the reasons why businessmen have their eyes set there – Companies – Economy

Orinoquía: these are the reasons why businessmen have their eyes set there – Companies – Economy

The road map with which businessmen and the Government look to the four departments that make up the Orinoquia in leaders of agricultural production and environmental protection, contributing to the strengthening of the peasant economy and the improvement of the quality of life of the population is ready. It is about Mission Orinoquia, a plan that the companies gathered in the Business Association for the Development of Orinoquia (Asorinoquia) presented to the National Government and which contemplates 12 strategic axes around which the management of the public and private sectors must be articulated.(Read also: Labor reform: the paper for the…
Read More
Pension reform: how much would pensions drop if approved?  – Sectors – Economy

Pension reform: how much would pensions drop if approved? – Sectors – Economy

If you try the pension reformthe allowances of people who receive more than 3 minimum wages will have a reduction, and those who earn 4 minimum wages or more must make a greater contribution to the Pension Solidarity Fund.(In addition: The defense of the Minhacienda to the threshold of 3 minimum wages of contribution in Colpensiones).This Tuesday in congress, the Minister of Finance, Ricardo Bonilla, recalled that as all workers will be obliged to contribute to Colpensiones the contribution on the first three minimum wages to be received, henceforth a worker with an income of three minimum wages, taking into…
Read More
Only three out of 10 companies managed to survive more than five years in Colombia – Companies – Economy

Only three out of 10 companies managed to survive more than five years in Colombia – Companies – Economy

According to the study Business Survival in Colombia carried out by Confecámaras, Of the 296,896 production units created in 2017, 98,696 continued to operate in 2022.The study that consolidates information from the country's 57 Chambers of Commerce also indicates that in the case of company size, it was found that the 5-year survival rate of microenterprises is 33.4 percent, while that of small businesses is 60.9 percent, that of medium-sized ones of 73.7 percent and that of large ones of 85.7 percent.In addition, companies that carry out their activity as companies have a survival rate of 44.5 percent, a higher…
Read More