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Navigating the new normal: Operations insights for 2024

McKinsey Talks Operations

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The Changing Perception of Automation and Capital Intensity

This chapter explores the changing perception of automation and its potential role in addressing the increasing demand for manufacturing and construction jobs. It discusses the rise in capital intensity driven by factors like electrification and digital innovations, emphasizing the importance of capital excellence. The chapter speculates on the implications for economic policy and inflation in the next 20 years.

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