Search Results for: risk

Senior leaders identified as highest AI risk in UK organisations, study claims

Senior leaders identified as highest AI risk in UK organisations, study claims

Senior leaders are emerging as the highest-risk users of artificial intelligence in UK organisations, according to new researchSenior leaders are emerging as the highest-risk users of artificial intelligence in UK organisations, according to new research which suggests AI-related business failures are being driven more by leadership behaviour than by technology or junior staff. (more…)

Shift to a low carbon economy could create millions of jobs but risks widening global divides

Shift to a low carbon economy could create millions of jobs but risks widening global divides

The shift to a low carbon economy is expected to reshape labour markets across the world over the next five years, with almost 14.4 million jobs set to be affected by 2030The shift to a low carbon economy is expected to reshape labour markets across the world over the next five years, with almost 14.4 million jobs set to be affected by 2030, according to a new report from the World Economic Forum. The research suggests that while 2.4 million roles will be phased out, the emergence of new industries and technologies will generate around 12 million new positions, resulting in a net gain of 9.6 million jobs. Yet the report warns that the scale of disruption, combined with persistent economic and geopolitical pressures, could deepen existing inequalities both within and between countries. (more…)

Most people now use unapproved AI tools despite security and privacy risks

Most people now use unapproved AI tools despite security and privacy risks

A new poll from Microsoft suggests that most UK employees are now using consumer AI tools at work without approval, raising growing concerns about data privacy and cybersecurityA new poll from Microsoft suggests that most UK employees are now using consumer AI tools at work without approval, raising growing concerns about data privacy and cybersecurity. According to the research, 71 percent of UK workers have used or tried unapproved “Shadow AI” tools for work purposes, with more than half (51 percent) doing so on a weekly basis. These tools are often used for writing reports and presentations, drafting communications, and even handling finance-related tasks. (more…)

Climate health risks threaten global productivity, warns WEF

Climate health risks threaten global productivity, warns WEF

Climate-related health impacts could strip at least $1.5 trillion from global productivity by 2050, according to a new report from the World Economic ForumClimate-related health impacts could strip at least $1.5 trillion from global productivity by 2050, according to a new report from the World Economic Forum (WEF). The study warns that food and agriculture, the built environment, and health and healthcare are among the sectors most at risk unless businesses take urgent steps to adapt. The report, Building Economic Resilience to the Health Impacts of Climate Change, produced in collaboration with Boston Consulting Group, highlights the growing economic burden of heat stress, infectious disease and other climate-driven health threats. It argues that protecting workforce health is now a strategic priority, not only for humanitarian reasons but also to safeguard business continuity and economic stability. (more…)

An AI divide risks growth for many organisations, new Microsoft research claims 

An AI divide risks growth for many organisations, new Microsoft research claims 

An opportunity to boost the UK’s economy and improve public services could be at risk if too many organisations don't act on AIAn opportunity to boost the UK’s economy and improve its public services in ‘the coming age of agentic AI’ could be at risk if too many organisations remain ‘stuck in neutral’ on artificial intelligence, ?according to?new research?commissioned by Microsoft. The study, led by Dr Chris Brauer at Goldsmiths, University of London, claims that the highest performing businesses and most productive public sector organisations have a clear strategy in place and are preparing for the next wave of the technology – which the report refers to as agentic AI.?1 (more…)

People think their privacy is at risk with the use of GenAI in the workplace

People think their privacy is at risk with the use of GenAI in the workplace

The poll from careersinaudit.com found that data privacy is the biggest ethical concern people have when it comes to utilising GenAI tools in the workplaceData privacy is the biggest concern around implementing GenAI in the workplace, a new survey claims. The poll from careersinaudit.com suggests that data privacy is the biggest ethical concern people have when it comes to utilising GenAI tools in the workplace, with 53 percent of respondents citing it as the biggest risk. The survey asked audit and governance professionals about how AI is being implemented in their respective organisations, their attitudes towards the tech and what their biggest concerns are with using the tools. (more…)

Emotion tracking tech in the workplace puts people’s wellbeing at risk

Emotion tracking tech in the workplace puts people’s wellbeing at risk

A new report from the Institute for the Future of Work (IFOW) explores the increasing use of affective computing in the workplace.A new report from the Institute for the Future of Work (IFOW) explores the increasing use of affective computing in the workplace. Affective computing is a branch of artificial intelligence which focuses on recognising and responding to human emotions through technologies like biometric sensors, emotion-tracking software, and wearable devices. Once primarily used in consumer products, these systems are now finding applications in the workplace, often marketed as tools to enhance safety, productivity, and employee wellbeing. The use of AI-powered technologies that monitor and interpret employees’ emotions and behaviours is known as Algorithmic Affect Management (AAM) and is rapidly transforming the landscape of employment, raising significant questions about privacy, ethics, and the future of work, according to the report. (more…)

Poor job quality leaves people exhausted and at risk of ill health

Poor job quality leaves people exhausted and at risk of ill health

A new report from the Institute for Employment Studies warns that poor job quality is significantly affecting people's health and wellbeingA new report from the Institute for Employment Studies warns that poor job quality is significantly affecting worker health, with 1.7 million people in Great Britain reporting work-related ill health in the last year. The research reveals that half of all workers report having to work more hours than contracted or expected – the highest rate in Europe. Rising work intensity and job strain have left around half of the UK workforce regularly exhausted. The impact of ill-health on spiralling economic inactivity is a focus of an anticipated government White Paper looking to tackle the ‘greatest employment challenge for a generation’ and support more people into good work. (more…)

Bosses are too cocky when it comes to modern risks to their businesses

Bosses are too cocky when it comes to modern risks to their businesses

CEOs face sleepwalking into reputational disaster through over-confidence which masks inadequate crisis planning to mitigate modern day risksCEOs face sleepwalking into reputational disaster through a concerning over-confidence which masks inadequate crisis planning to mitigate modern day risks, according to a new report [registration] from PHA Group. The survey questioned 150 CEOs across the UK’s £240bn professional services sector on confidence and planning in navigating business critical issues. Examining issues from workforce management and whistleblowing to climate change and regulation, CEOs from law firms, insurance, finance and accounting, consultancy and recruitment conveyed confidence but also revealed a lack of investment and planning. (more…)

Information overload and FOMO are major risk factors for remote work

Information overload and FOMO are major risk factors for remote work

While remote work has its advantages for most people, a new academic study found that there are at least two under-discussed risks  While the shift to remote work has reportedly brought about numerous benefits for many people, such as increased flexibility and autonomy, a new study published in SAGE Open by researchers from the University of Nottingham claims to reveal significant downsides that are often overlooked. (more…)

People say hybrid working has reduced their risk of burnout

People say hybrid working has reduced their risk of burnout

new poll claims that the vast majority of workers who have shifted to a hybrid working model say that it has helped them to greatly reduce burnout in their working livesA new poll claims that the vast majority of workers who have shifted to a hybrid working model say that it has helped them to greatly reduce burnout in their working lives. The survey of more than 1,000 people, undertaken by hybrid working firm International Workplace Group, suggests that three quarters (75 percent) reported a dramatic reduction in burnout symptoms, defined as a syndrome resulting from chronic workplaces stress, since moving to a hybrid model. (more…)

International report calls for collaboration on AI, highlighting both benefits and risks

International report calls for collaboration on AI, highlighting both benefits and risks

A landmark report claims to shed light on the double-edged sword of advanced artificial intelligence (AI)A landmark report claims to shed light on the double-edged sword of advanced artificial intelligence. Backed by over 30 nations, the International Scientific Report on the Safety of Advanced AI paints a picture of a technology brimming with potential benefits, but also fraught with potential risks if safety isn’t prioritized. This first iteration of the report, launched at the AI Safety Summit, fulfils a key commitment set forth during the historic Bletchley Park discussions and the subsequent Bletchley Declaration. (more…)