An interesting workplace phenomena developed as a result of the Covid-19 pandemic. The rapid shift to remote work opened up an opportunity gap for tech workers who may have felt that they were underutilized in their jobs.
Despite stiff competition from the Chinese ecosystems of Beijing, Shenzhen and Shanghai, as well as the rapidly growing Indian hubs of Mumbai, Bengaluru-Karnataka and Delhi, Silicon Valley remains on top globally as the ultimate center of tech excellence, according to Startup Genome's 2023 State of the Global Startup Ecosystem report.
McKinsey says this is AI's "breakout" year with adoption rocketing. Nearly a quarter of C-suite executives say that they are personally using gen AI tools for work, with 40% indicating that their organizations will increase their investment in AI overall, thanks to advances in generative AI.