Digital Transformation and Staying Current

The video discusses the rapid changes in the digital world and the importance of staying current with technology. It highlights the initial skepticism and eventual adoption of blockchain technology, emphasizing the need for professionals to adapt to technological advancements. The video also showcases corporate initiatives by companies like Amazon and AT&T to retrain their workforce, underscoring the significance of digital literacy and continuous learning.

What was the speaker's initial task in the digital transformation journey at P&G?

• Talking to startups

• Building a new office

• Developing new software

• Hiring new employees

What was the initial perception of blockchain's relevance to P&G?

• Not applicable

• Already implemented

• Highly relevant

• More suited for Bitcoin

How did the perception of blockchain applications change over three months?

• It remained the same

• It became less relevant

• It expanded to various applications

• It was abandoned

What is the key to staying current with technology according to the speaker?

• Becoming a tech expert

• Understanding technology's impact on your field

• Focusing only on AI

• Ignoring new technologies

How can digital technology change the field of education?

• By eliminating textbooks

• By reducing student interaction

• By changing classroom organization

• By replacing teachers

Why is digital literacy and retraining important for companies?

• To reduce costs

• To increase employee turnover

• To keep up with technological changes

• To focus on traditional skills

What significant investment did Amazon make for employee retraining?

• $1 billion

• $700 million

• $250 million

• $500 million

Which company set aside a billion dollars for workforce retraining?

• Amazon

• AT&T

• Loblaws

• Google

What was the reaction of the speaker to Amazon's retraining initiative?

• Surprise

• Indifference

• Confusion

• Disapproval

Which Canadian retailer invested in workforce training?

• Hudson's Bay

• Loblaws

• Canadian Tire

• Walmart