Technology ArticlesThe ways we devour vitality and produce commodities are changing. This transformation may benefit the worldwide economic system, but resource producers must adapt to stay aggressive.

While the adjustments going through resource producers and coverage makers are more likely to be complicated and quite a few, the rewards of better productivity, faster growth, and a much less useful resource-intense economy can benefit all. The world of commodities over the previous 15 years has been roiled by a supercycle” that first sent costs for oil, gas, and metals soaring, only for them to come back crashing back down. Now, as resource firms and exporting nations decide up the items, they face a brand new disruptive period. Technological innovation —including the adoption of robotics, artificial intelligence, Internet of Things know-how, and data analytics—along with macroeconomic traits and changing shopper behavior are reworking the way in which resources are consumed and produced.

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