November 21, 2023
Most business leaders think generative AI will be a boon for employees
by Neil Franklin • AI, News, Technology, Workplace
Four out of five (81 percent) business leaders in the UK say Generative AI will benefit their employees, according to new research from LinkedIn. The top ways that UK executives believe Generative AI will benefit employees is by removing boring, repetitive tasks (64 percent), increasing productivity (52 percent) and freeing up time for bigger and more creative thinking (59 percent), according to the poll. One in three (31 percent) also believe that the rise of Generative AI will create brand new roles at their organisation. More →
November 7, 2023
The Workplace Cocktail Hour. Chris Moriarty on AI, toxic workplaces and more
by Mark Eltringham • AI, News, Podcasts, Technology, Workplace, Workplace Cocktail Hour
In the first of a new series of news-based podcasts, I catch up with Chris Moriarty, the co-founder of Audiem and much besides. Over a glass of gin and tonic, we discuss the AI Safety Summit and the proclamations of imminent doom that came before and after it. We also talk about the covid inquiry and the toxic workplace culture it exposed as an intriguing subplot. More →
November 2, 2023
Third of firms have adopted AI to replace or augment employees’ roles this year
by Neil Franklin • AI, News, Technology
According to Owl Labs’ annual State of Hybrid Work Report, 32 percent of employees believe that AI will help them do their jobs more efficiently, while a further 22 percent think AI will create new jobs allowing their teams to grow. However, uncertainty around AI regulation and safety is causing ‘AI anxiety’ to grow, with nearly 1 in 5 UK workers (17 percent) concerned that AI will steal their jobs. A further 19 percent are worried that AI has the potential to create new ethical issues in the workplace. More →
October 30, 2023
Firms are throwing resources at AI knowing they are likely to fail
by Neil Franklin • AI, News, Technology
Despite a recent track record of failure when implementing digital strategies, more than three quarters of UK businesses are gearing up to invest in artificial intelligence over the next 12 months without really knowing what they are doing. Nearly three-quarters (73 percent) admit to being ill-prepared for the integration of the technology into their operations, according to new survey. The report [registration] from tech consultancy Infinum suggests that over two-thirds of UK businesses that invested in digital products over the past five years have faced failure and are about to invest in AI knowing of their own poor track record. More →
October 19, 2023
Real estate tech strategies advance AI, workplace and sustainability
by Jayne Smith • AI, News, Property, Technology
Commercial real estate occupiers are willing to put their money where the tech is, according to new polling from JLL’s 2023 Global Real Estate Technology Survey. Ninety-one percent of occupier respondents are willing to pay a premium for tech-enabled space as they look to technology for strategic value and increased revenue. In fact, real estate tech budgets are set to grow faster than investments in?headcount, footprint and operating budgets, the report suggests. More →
October 10, 2023
Employers struggling to keep pace with AI adoption
by Neil Franklin • AI, News, Technology
While the use of AI tools in the workplace is rapidly increasing, many organisations are lagging in providing guidance and training in the use of these technologies, according to new survey commissioned by Ricoh Europe. This governance gap comes amidst growing interest within companies to implement automation solutions. The poll of 6,000 workers across Europe, conducted by Opinium, suggests there is a gap between workers’ use of emerging technologies and organisations’ efforts to support and manage that usage. More →
October 9, 2023
SMEs turn to AI and acquisitions to navigate an uncertain future
by Neil Franklin • AI, Business, News, Technology
More than half of all business leaders (55 percent) believe that the overall economic conditions in the UK and Ireland have worsened compared to a year ago. Yet, 58 percent of SMEs anticipate an increase in their firm’s sales revenues over the next 12 months; while nearly half (47 percent) expect profitability to improve within a year and 47 percent of SMEs are confident that their firm’s total number of employees will grow in the next 12 months. Business leaders are planning to invest more in AI and acquisitions to help them navigate an uncertain future. More →
October 4, 2023
Generative AI will outperform humans on traditional recruitment processes
by Jayne Smith • AI, News, Technology, Workplace
A new report from Arctic Shores, a psychometric assessment provider, claims that the use of Generative AI is already common among students, younger workers and job applicants, with around seven in ten of 2,000 respondents to a survey expecting to use ChatGPT while completing a job application or assessment over the next 12 months, and 17 percent already using it. With 72 percent of students and candidates using some form of Generative AI on a regular basis – a number that has increased by 50 percent in just four months – the implications for employers and talent acquisition leaders are profound, the report argues. More →
October 21, 2020
Future of work has arrived sooner than expected, WEF report claims
by Neil Franklin • AI, Flexible working, News, Technology, Workplace
The Future of Jobs 2020 report from the World Economic Forum claims that COVID-19 has caused the labour market to change faster than expected. The research suggests that what was recently considered the future of work has now arrived. By 2025, automation and a new division of labour between humans and machines will disrupt 85 million jobs globally in medium and large businesses across 15 industries and 26 economies. More →
August 11, 2020
UK faces urgent AI skills gap, Microsoft report claims
by Neil Franklin • AI, News, Technology
The UK is facing an AI skills gap that could leave companies struggling to compete with rivals from across the world, a new Microsoft report claims. The research, entitled AI Skills in the UK, also found that businesses in this country use less AI than firms overseas, and when they do it tends to be less advanced. UK organisations are also less likely to be classed as “AI pros” compared to the global average (15 percent versus 23 percent), and the UK has a higher failure rate of AI than the global average (measured by the number of projects generating no commercial value – 29 percent versus 19 percent). More →
May 18, 2020
Majority of UK businesses now automating key processes
by Neil Franklin • AI, News, Technology
The UK is making great strides in adopting process automation technologies like robotic process automation (RPA) and process mining, according to new research from digital intelligence company ABBYY. The research report, The State of Process Mining and RPA (registration), claims that 64 percent of UK businesses are already using process mining technologies, with almost 3 in 10 (28 percent) currently using RPA and a further 34 percent intending to start in the next year. This comes as no surprise, since a vast majority believe that process mining (91 percent) and RPA (87 percent) are, or would be, useful to their business. More →
May 3, 2022
Get ready for the artificial intelligence revolution
by Reece Akhtar • AI, Comment, Workplace
Behind every successful business strategy is a talented and motivated workforce that is ready to apply itself and achieve great things. A leader may have a flawless strategy, but if they cannot staff their teams with the most talented individuals, their vision will stay just that. A vision. Unfortunately, the tools organizations use to identify and recruit the best talent have not changed much over the last few decades: resumés, interviews, and reference checks continue to be the predominant methods for evaluating potential. Sadly, many studies demonstrate that these methods are unpredictive, biased, and are inefficient. The good news is that innovations in artificial intelligence offer exciting tools that improve the recruitment process for both organizations and candidates. More →