IDEA Colloquium: New players in the knowledge economy appeared in the region and strong competition was unleashed

Leandro Mora Alfonsín, executive director of Argencon, explains that the knowledge economy provides technological services to industries such as mining and Vaca Muerta and that some companies even plan to expand their teams in Argentina. “The challenge will be to take advantage of the global demand for complex services and respond to growing competition from other countries in the region.”

-What are those countries?

– Colombia, Chile, which copied our knowledge economy law and launched itself into the market. Also Mexico and Uruguay. There is a lot of competition that there wasn’t before.

-There is an increase in demand due to the AI ​​revolution and Argentina is well prepared. It is true that employment growth rates are not as high as previous years, but neither an expulsion of employment nor a strong cooling is being seen. You see normal numbers. Our employment is 100% formal with salaries above average. I couldn’t say if AI is slowing down or destroying jobs. Yes, unlike some countries, such as India, where it destroys employment in basic services, in Argentina we are specializing in complex, financial, business, and technology services.

-JPMorgan hires 1000 people this year.