# Human Capital
Latest news and articles about Human Capital
Total: 3 articles found
China’s $1 Trillion Warning: Why Structural Reform, Not Stimulus, is the Only Path Forward
Economist Hai Wen argues that China's $1 trillion trade surplus masks deep structural flaws, including weak domestic demand and a lagging education system. He asserts that the country must pivot from state-led investment to private-sector innovation to survive the transition to an AI-driven, demand-led economy.
The Great Reset: Why Chinese Universities are Purging Thousands of Degrees
China is undergoing a massive higher education overhaul, with universities culling thousands of traditional majors to pivot toward AI and strategic industrial sectors. This shift reflects a state-led effort to align human capital with the 'human-machine era' and national security priorities.
The AI Layoff Boomerang: Why Global Tech is Rehiring the Talent it Rushed to Cut
Global tech firms are experiencing a 'boomerang effect' after prematurely replacing human workers with AI, leading to significant rehiring at higher costs. While AI-driven layoffs initially boost stock prices by signaling efficiency, the technology's failure to handle complex judgment calls has exposed critical operational gaps.