Society
Why AI will be the Catalyst for a new era of productivity growth
The dawn of the artificial intelligence (AI) era is often compared to transformative technological advancements such as the steam engine, electricity, and the personal computer. These innovations reshaped industries and daily life, and AI is poised to make an equally revolutionary impact, particularly on global productivity. While the effects of AI are still unfolding, experts believe that its ability to significantly boost productivity could happen in record time—just seven years, compared to decades for earlier technological revolutions.
This optimism comes at a critical juncture in the global economy. Post-pandemic, many countries are grappling with stagnating growth, rising inflation, and mounting debt, alongside the fundamental issue of declining productivity. In fact, several international agencies have noted that the productivity decline following the global economic downturn is unprecedented in recent history. Yet, AI is emerging as a way of hope, offering the potential not only to reverse this trend but to propel productivity to unprecedented heights.

The Economic Impact of AI: A Long-Awaited Leap
The global economy has struggled with low productivity growth for over a decade. For example, U.S. labour productivity growth averaged just 1.68% from 1998 to 2007, a period during which significant technological innovations like the internet and personal computers began to take root. But since 2010, productivity growth has fallen further, dipping to 0.38% between 2010 and 2019.
Some forecasts suggest that generative AI alone could add between $2.6 trillion and $4.4 trillion to the global economy
In this environment, AI is seen as the key to unlocking a new wave of economic efficiency. According to recent reports from the International Monetary Fund (IMF), AI technologies are expected to drive a substantial increase in global productivity. Some forecasts suggest that generative AI alone could add between $2.6 trillion and $4.4 trillion to the global economy.
To understand the potential of AI in the context of productivity growth, it’s useful to compare it to previous technological breakthroughs. The steam engine, for example, took about 60 years to fully transform productivity in manufacturing. Personal computers accelerated productivity growth over 15 years. By contrast, AI is expected to have a profound impact on productivity within just seven years.
Generative AI and Its Promising Future
Generative AI is a form of artificial intelligence that creates new content—whether it’s text, images, or even software code—based on patterns learned from large datasets. The speed with which generative AI is advancing is extraordinary. ChatGPT, released in November 2022, was quickly followed by a more advanced version, GPT-4, and other breakthroughs have appeared throughout 2023. This technology is expanding rapidly, with the capability to process tens of thousands of words in a minute, creating a powerful tool for automating complex tasks.
The applications of generative AI are vast and varied. In the business world, AI systems are already transforming industries like customer operations, marketing, software engineering, and research and development. The banking sector, for example, is projected to see an annual revenue increase of $200 billion to $340 billion through the adoption of AI. The retail and consumer goods sectors could see similar gains, potentially adding up to $600 billion annually.
AI’s potential to automate routine tasks could also free up significant amounts of time for human workers. Studies indicate that generative AI could automate between 60% and 70% of the tasks currently performed by employees, dramatically increasing efficiency. For knowledge-based workers, particularly in high-wage and high-skill sectors, AI is poised to amplify productivity by reducing time spent on routine tasks, such as data analysis, customer service, and administrative work.
Transforming Labour Markets: A Double-Edged Sword
However, the rapid rise of AI is not without its challenges, particularly when it comes to labor markets. Many fear that the widespread adoption of AI could lead to massive job displacement, especially in developed countries where white-collar jobs are more susceptible to automation. According to the IMF, while 30% of U.S. jobs may be at risk of automation by AI, only 13% of jobs in India are likely to be affected, reflecting the differing technological capabilities and labor market structures across the globe.
At the same time, AI’s integration into the economy is expected to create new job opportunities, especially in fields that require advanced technical skills, such as AI development, data science, and cybersecurity. This pattern mirrors historical trends: when previous technological revolutions disrupted the labor market, they also created entirely new industries and job categories. A recent study by MIT found that 60% of the jobs in America today did not exist in 1940, highlighting the constant evolution of the labor market in response to technological innovation.
AI’s Role in Healthcare: Beyond Productivity
AI’s potential extends far beyond traditional sectors like manufacturing or finance. The healthcare industry stands to benefit greatly from AI’s ability to analyze vast amounts of medical data quickly and accurately. For example, AI systems can assist doctors by analyzing scan reports, identifying patterns, and recommending treatment protocols. AI can also reduce the burden of administrative tasks, such as summarizing doctors’ notes and processing insurance claims, thereby improving productivity in healthcare settings while also reducing costs.
Generative AI is now widely recognized as a general-purpose technology (GPT), similar to electricity or the personal computer
Such advancements could lead to significant improvements in healthcare delivery, making it more efficient and cost-effective. This would not only improve outcomes for patients but also contribute to economic growth by lowering healthcare costs for both consumers and governments.
The Path Forward
Generative AI is now widely recognized as a general-purpose technology (GPT), similar to electricity or the personal computer. These technologies have historically contributed to broad-based productivity growth across multiple sectors. The key to AI’s success as a GPT lies in its ability to integrate seamlessly with existing technologies and applications across various industries, driving continuous innovation and productivity gains.
The widespread adoption of AI in industries like logistics, manufacturing, education, and even creative arts has the potential to revolutionize how businesses operate and how workers contribute. As businesses continue to integrate AI into their processes, the resulting efficiencies will likely lead to increased competition, lower prices, and higher wages for workers in industries that embrace these changes.
AI’s transformative potential for global productivity cannot be overstated. Just as the steam engine and personal computers reshaped industries and economies, AI is positioned to trigger an unprecedented leap in productivity across nearly every sector. While challenges related to job displacement and economic inequality remain, the promise of a future in which AI drives substantial economic growth is undeniably exciting.
As AI continues to evolve, it is crucial for businesses, policymakers, and workers to embrace this change, adapting to new technologies and fostering an environment that allows AI to reach its full potential. The future of productivity is unfolding before us, and AI will be at the centre of this revolution.
Earth
Vantara: Inside a Billionaire-Backed Bid to Build a Global Wildlife University
The launch comes at a time when conservation challenges are becoming increasingly complex.
A new private university focused on wildlife conservation and veterinary sciences is being positioned as an ambitious attempt to reshape how the world trains the next generation of conservation professionals—backed by one of Asia’s most influential business families.
The institution, Vantara University, has been launched in western India by a wildlife initiative founded by Anant Ambani, part of the Reliance group. Framed as an integrated academic ecosystem, the project reflects a growing trend where private capital is stepping into areas traditionally led by public institutions and global nonprofits.
Vantara officially describes the university as the “world’s first integrated global university” dedicated to wildlife conservation and veterinary sciences. While the scale and integration may be distinctive, similar disciplines are already taught across universities worldwide, often through specialised schools, research centres, and veterinary colleges.
The claim, therefore, rests less on the existence of such education and more on the attempt to consolidate it within a single, purpose-built institutional framework.
A Shift Toward Education-Led Conservation
The launch comes at a time when conservation challenges are becoming increasingly complex. Climate change, habitat fragmentation, and the spread of zoonotic diseases are reshaping ecosystems and exposing the limits of traditional conservation models.
There is a growing recognition that protecting biodiversity will require not just field interventions, but a systemic expansion of expertise—from wildlife veterinarians and epidemiologists to policy specialists and conservation planners.
Vantara University aims to respond to this gap by bringing together disciplines such as wildlife medicine, genetics, behavioural sciences, epidemiology, and conservation policy under one academic structure.
Blending Science, Scale, and Philosophy
The university’s vision combines scientific training with a philosophical framing rooted in compassion and stewardship. Its design draws inspiration from historical centres of learning, while positioning itself as a modern, purpose-led institution.
“The future of conservation will depend on how we prepare minds and institutions to serve life with compassion, knowledge, and skill,” Anant Ambani said in a statement.
“Vantara University is shaped by a deeply personal journey of witnessing animals in distress and recognising the need for greater capability in their care… the university seeks to nurture a new generation committed to protecting every life.”
Global Ambitions, Local Foundations
Although based in India, the project is clearly aimed at a global audience.
The university plans to offer undergraduate, postgraduate, and specialised programmes, supported by research infrastructure and international collaborations. It also emphasises action-oriented learning, linking academic work with real-world conservation practices.
This approach reflects a broader shift in higher education, where institutions are increasingly expected to produce not just knowledge, but deployable expertise.
The Rise of Private Influence in Conservation
The initiative also highlights a larger structural shift: the growing role of private capital in shaping conservation agendas.
Historically, conservation has been driven by governments, multilateral agencies, and non-profit organisations. However, large-scale funding gaps and the urgency of environmental crises are opening the door for philanthropic and corporate actors to play a more prominent role.
This raises both opportunities and questions.
Private initiatives can accelerate innovation and investment, but they also bring concerns around governance, accountability, and long-term alignment with public interest.
Questions of Access and Impact
As with many specialised institutions, accessibility will be a critical test.
While the university has announced scholarships aimed at supporting students from diverse backgrounds, the broader question remains: can such models scale inclusively, particularly for communities most directly affected by environmental change?
The effectiveness of the initiative will also depend on its ability to influence policy, contribute to global research, and produce professionals equipped to address complex ecological challenges.
A Changing Conservation Landscape
The launch of Vantara University signals a deeper transition in how conservation is being imagined.
Increasingly, the field is moving beyond isolated interventions toward integrated systems that connect science, education, and practice. In this context, universities are not just centres of learning—they are becoming critical infrastructure in the fight to preserve biodiversity.
Whether this particular model succeeds will depend on execution, collaboration, and its ability to move beyond vision into measurable impact.
But its emergence underscores a central reality:
The future of conservation may depend as much on classrooms and laboratories as it does on forests and protected areas.
Health
Lancet Commission Launched to Tackle Health and Justice Impacts of Rising Sea Levels
A new Lancet Commission will examine how rising sea levels impact health, equity, and global systems, with experts calling it an urgent crisis.
A new global commission led by The Lancet has been launched to examine the growing health and justice impacts of sea-level rise, as climate change accelerates risks for millions living in coastal and low-lying regions.
The Lancet Commission on Sea-Level Rise, Health and Justice, announced on April 8, brings together 26 international experts to assess how rising seas are reshaping public health, livelihoods, and global equity.
A Growing Crisis Beyond Climate
Sea-level rise, driven by anthropogenic climate change, is already contributing to displacement, food and water insecurity, and changing patterns of infectious diseases. The Commission marks the first major effort to analyse these intersecting risks through a health-focused lens.
“This commission comes at exactly the right time… sea-level rise is no longer a distant threat. It is already disrupting lives, health and wellbeing, especially for the most vulnerable,” said Christiana Figueres, Co-Chair of the Commission and a former UN climate chief.
Experts warn that the impacts extend far beyond environmental damage, affecting the social and economic fabric of vulnerable communities.
“Rising seas don’t just threaten coastlines, they threaten lives, livelihoods, and basic fairness. This is not only a climate problem. It is a health crisis, a justice crisis, and an urgent call for collective action,” said Jemilah Mahmood, Commissioner, Lancet Commission, and Executive Director of the Sunway Centre for Planetary Health, Malaysia.
An Urgent Global Health Challenge
The Commission is supported by the WHO Asia-Pacific Centre for Environment and Health and aims to generate evidence-based policy recommendations to strengthen adaptation, resilience, and equitable responses.
Dr Sandro Demaio, Director of WHO ACE, emphasised the immediacy of the crisis.
“Sea-level rise is no longer a distant threat — it is a public health emergency unfolding now. Through this WHO supported global Commission, we are clear: inaction is not neutral, it is a choice that puts lives and justice at risk.”
Human Impacts at the Core
The Commission also highlights the disproportionate burden on vulnerable populations, particularly in coastal and low-income regions.
“Rising sea levels are more than an environmental issue; they quietly contaminate water, displace communities, and increase health risks for those least able to cope. Every centimetre of sea level rise is not just a measure of water, but a measure of injustice,” said Kathryn Bowen, Co-Chair of the Commission.
A Defining Policy Moment
With projections suggesting that hundreds of millions of people could be displaced by the end of the century, the Commission aims to inform global policy and strengthen international cooperation.
“Sea-level rise is not just an environmental issue — it is a test of our commitment to people, equity, and future generations,” said Jiho Cha, Member of Parliament, Republic of Korea and Co-Chair of the Commission.
The Commission will contribute to global policy discussions, including international climate platforms, and aims to place human and planetary health at the centre of climate action.
Society
Why Campuses Need a Happiness Officer Now
Rising student stress and depression highlight the need for a happiness officer on campus to promote wellbeing and prevent mental health crises.
As student stress and mental health challenges rise, educational institutions must move beyond symbolic gestures and invest in structured wellbeing systems—starting with a dedicated happiness officer on campus.
The rising need for happiness
20 March was celebrated as the International Day of Happiness.
The idea of creating an International Day of Happiness is a great one; it deserves to be taken seriously. However, there is a need to do much more than celebrate happiness for just one day a year. This becomes crucial when one considers the rising problem of stress, depression and suicides among young people around the world, including in India.
The challenges of stress, depression and suicides among students
The education system places significant pressure on students, yet they are rarely taught how they, their parents, teachers or the system itself can help them cope with this pressure—or how to view their efforts in the right perspective.
Because of a lack of awareness, education and capability, stress has become a major issue in students’ lives, often leading to depression and, in some cases, suicides. These challenges have far-reaching negative impacts across different aspects of life, as supported by multiple research studies.
A happiness officer on campus
Since happiness is an essential ingredient for a fulfilling life—and also acts as a preventive factor in dealing with stress—it is important to give it greater importance in educational institutions.
Institutions already place heavy demands on faculty and staff, who may not have the time to actively focus on student wellbeing. In this context, employing a dedicated happiness officer to address health and wellbeing on campus could be a significant step forward.

The happiness officer’s primary responsibility should be to raise awareness about happiness, as well as the dangers of stress and depression, among students, faculty, staff and others on campus. This awareness must be continuous rather than occasional.
The second responsibility should be to organise regular programmes in engaging ways, covering themes such as what happiness is, why it matters, and how it can be cultivated, alongside practical approaches to understanding, avoiding and managing stress.

The third responsibility should be to track individuals who may be experiencing stress or depression and ensure they receive timely support. Additional responsibilities can be developed depending on the needs and context of each institution.
Avoiding the trap of tokenism
However, awareness initiatives and programmes must be implemented with sincerity and intent. The happiness officer must work in both letter and spirit to create meaningful impact, rather than simply fulfilling formal requirements.
This role should not fall into the common institutional trap where ticking boxes becomes more important than creating real change on the ground.
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