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The revolutionary theory of the nature of light which won Albert Einstein the Nobel prize for physics went on to remake the world. Oliver Morton surveys a century of innovation. The covid pandemic will accelerate change in the world economy. That brings both opportunity and danger, says Henry Curr. Computer-generated worlds are becoming ubiquitous, no headset required, says Alok Jha. Climate change is about to upend the corporate world. Firms must react fast, says Guy Scriven. Nowhere in the world is ready to cope with the global explosion of dementia, writes Simon Long. After years of hype, many people feel AI has failed to deliver, says Tim Cross. World Investments and Economics

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Dozens of states and cities in the US raised the statutory minimum wage.

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The advance in minimum wages reflects growing activism in the US labour movement over the past few years. Read the full article.

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