Business News LIVE Updates: Aug 28, 2024 12:33 PM IST
Business News LIVE Updates Today: AI’s impact on Philippines, the world’s call center capital shows what’s to come
In a rapidly evolving business landscape, the impact of artificial intelligence (AI) on industries is becoming more apparent. The latest news on August 28, 2024, sheds light on the Philippines, known as the world’s call center capital, and how AI is shaping the future of work in this sector.
The experiences of staff working in Philippines call centers are seen as a preview of what’s to come for white-collar workers globally. As the outsourcing industry in the Philippines is forecast to cross $38 billion in revenue this year, major players are rushing to rollout AI tools to stay competitive and defend their business models.
This development highlights the growing importance of AI in transforming traditional industries and the need for businesses to adapt to technological advancements to remain relevant in the market.
Stay tuned for more updates on the latest business news and how AI is reshaping industries worldwide.