March 14, 2024
Potential of AI is putting a smile on the faces of optimistic CEOs
The CEOs of the world’s largest companies are increasingly optimistic about future growth, with 66 percent highly positive about the global outlook over the next three to five years. This is the headline finding of the second annual Arthur D. Little (ADL) CEO Insights Study, which was launched today. The study found that whatever their strategy or sector, global CEOs are increasing their growth investments. Artificial intelligence (AI) is seen as crucial to growth, with 96 percent of CEOs having already deployed AI in some form, although, demonstrating the early stages of its adoption, just 13 percent have a compelling, enterprise-wide AI strategy in place. (more…)
March 14, 2024
Most firms set to invest in AI but half admit they don’t know why or how
A new poll from Orgvue, an organisational design and planning software platform, suggests that businesses continue to ramp up investment in artificial intelligence despite being unclear on its business impact or how to implement it. Four in five (82 percent) of organisations have already invested, with another 33 percent saying they will increase this by more than 50 percent in the coming year. Based on a survey of 1,000 C-suite and senior decision makers at medium and large organisations, the report, Human-first, machine enhanced: the role of AI in workforce transformation, highlights contradictions in the business community concerning technology investment and AI’s impact on the workforce. (more…)
March 13, 2024
Government scheme will see thousands more people train in technologies like AI
Thousands of individuals across the UK will receive training and qualifications in cutting-edge technologies like artificial intelligence (AI) as part of new government initiatives. Additionally, other transformative fields such as medicine, 6G, and quantum computing are also part of this initiative. The driving force behind the move is a substantial investment of over £1.1 billion aimed at enhancing the country’s skill base. (more…)
March 7, 2024
UNESCO study reveals evidence of regressive stereotypes in LLMs
To coincide with International Women’s Day, a UNESCO study revealed worrying tendencies in Large Language models (LLM) to produce gender bias, as well as homophobia and racial stereotyping. Women were described as working in domestic roles far more often than men – four times as often by one model – and were frequently associated with words like “home”, “family” and “children”, while male names were linked to “business”, “executive”, “salary”, and “career”. (more…)
March 6, 2024
People have lost trust in AI already, and aren’t keen on innovation more generally
The 2024 edition of the Edelman Trust Barometer claims to expose a rift on the subjects of AI and innovation that has become a new factor in the polarisation of societies. Respondents, by nearly a two-to-one margin, feel innovation is being poorly managed; this is true across age groups, income levels, and gender, and in both developed and developing countries people are more likely to say innovation is poorly managed than well managed. Innovations have also become politicized, especially in Western democracies where right leaning individuals are far more likely than those on the left to reject them; the biggest differences between those on the right and left are in the U.S. (41 points), Australia (23 points), Germany (20 points), and Canada (18 points). (more…)
March 1, 2024
The only way is ethics … the Workplace Cocktail Hour with David Sharp
David Sharp joins Mark Eltringham on the Workplace Cocktail Hour to share a bourbon, discuss a wide range of issues – and avoid one that won’t help either of them. They discuss the ethics of artificial intelligence, why we need more friction in our lives (and less seamlessness), the philosophy of work, how to deal with social media, the importance of making your own life more difficult on purpose, and the pleasures of finding out you are wrong about something.
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March 1, 2024
Quarter of people have now used or tried AI in the workplace
A new report from the Workforce Lab at Slack sets out to explore how office-based workers think about artificial intelligence and how they are using it in their jobs. The poll of 10,000 people suggests that the adoption of AI tools in the workplace accelerated by 24 percent over the last quarter, with one in four office-based workers reporting they have tried out the tech for work as of January 2024, compared with one in five as of September 2023. And 1 in 3 desk workers have used automation tools in their job. (more…)
February 29, 2024
Two in five architects say they are already using AI on projects
New research by the Royal Institute of British Architects (RIBA) suggests that 41 percent of UK architects are already using artificial intelligence (AI) on at least the occasional project, and of those, 43 percent think it has made the design process more efficient. The RIBA AI report includes the findings of a survey asking architects how they are using and plan to use AI. In the next 2 years, 54 percent of architects expect their practice to use AI, and 57 percent think it will improve efficiency in the design process. However, this ambition this doesn’t yet seem to be matched by investment, as 69 percent say their practice has not invested in AI research and development, and only 41 percent expect their practice to invest. (more…)
February 29, 2024
University of Warwick receives £1.25 million to research how AI could change the market for real estate
The University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five years. Based in the Gillmore Centre for Financial Technology at Warwick Business School, the new Research Group will draw interdisciplinary scholars and thinkers from across the world to redefine and innovate the financial and property technology landscape. (more…)
February 12, 2024
Most firms don’t have AI guidance in place for internal comms
Over two-thirds (71 percent) of organisations do not provide guidance on when, where or how to use AI for internal communications, according to Gallagher’s 2023/24 State of the Sector report [registration]. Furthermore, the study, which drew insights from more than 2,300 communication and HR leaders across 56 countries, claims that 1 in 10 communicators (13 percent) were unsure if their organisation was using AI. (more…)
February 1, 2024
Firms want to embrace AI, but bewildered by range of options
The vast majority of Chief Information Officers plan to increase AI tool spending in 2024, but say their teams are overwhelmed by the number of apps on the market. As a result, 77 percent are concerned about application sprawl adding to their complexity and security risks. That is according to a new report from Canva which includes insights from more than 1,360 CIOs on their priorities, opportunities and the challenges of managing their IT amid the AI boom. The company commissioned Harris Poll to survey CIOs from the UK, US, France, Germany, Spain, Brazil, Mexico, India, and Australia to understand how they’re managing application sprawl and making decisions about workplace tools in the AI era. (more…)
January 31, 2024
The three biggest disruptors of our time
by Jennifer Bryan • AI, Business, Comment, Environment, JB, Technology