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In an analysis of the top geopolitical risks for businesses in Papua New Guinea, Business Advantage PNG highlights a variety of factors, including the rising influence of Artificial Intelligence (AI). AI is listed among the risks, particularly as businesses grapple with the potential impact of automation and AI-driven technologies on local economies and labour markets. The article discusses other risks such as political instability, resource nationalism, and shifting global trade dynamics, which all have the potential to disrupt business operations in the region. As PNG’s economy continues to evolve, businesses will need to stay informed about these growing risks to navigate the complexities ahead.
Editor’s Comment: AI is on the list? Well, well, well, it’s no surprise really. You don’t need to look far to see how this tech is shaking things up everywhere, even in a place like Papua New Guinea. Whether it’s automating jobs or changing how companies operate, AI could either be a boost to productivity or a major disruption—let’s hope businesses are ready for what’s coming.
(Visit Business Advantage PNG for the full story)
*An AI tool was used to add an extra layer to the editing process for this story.