Global Business

Over two thirds of the One Young World community (69%) agreed that access to technology means young people have never been more capable of starting their own businesses.

How will technology transform future business?

  • Using technology to create, not cut jobs
  • The balance between talent and technology
  • How technology can make business more socially responsible

Decades from now we may look back on 2014 as the start of a new era. With the increase of contactless payment and ‘smart’ technology – opportunities are endless. The majority (79%) of the One Young World community noted not only that business in their country has changed greatly because of technology in the last five years but business has a responsibility to use technology to tackle economic inequality.  New business models and cost-effective technology has the potential to empower societies with improved access to healthcare and education.

Over two thirds of the One Young World community (69%) agreed that access to technology means young people have never been more capable of starting their own businesses. Ensuring the global work force has the required skills to participate in a digital economy is a priority. Identifying how business will evolve and compete, manage increasing quantities of data and mitigate against new unknown risks are some of the growing challenges businesses will face.