Search Results for: automation

The American workplace is more skilled, but workers are concerned they are becoming irrelevant

The American workplace is more skilled, but workers are concerned they are becoming irrelevant 0

american-workplaceThe ‘Tectonic changes’ that are reshaping the US workplace and the response to them are the subject of a major new research project from the Pew Center in association with the Markle Foundation. The study of over 5,000 US workers carried out over the Summer found that the nature of jobs is undergoing a fundamental shift with greater emphasis on knowledge as well as analytical, interpersonal and communication skills. In response, workers are retraining and reassessing their abilities to adapt to the demands of employers. Despite this, a growing number are worried that they are becoming irrelevant and have diminishing faith in the ability of politicians, the education system and their employers to address their concerns.

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Construction firms still failing to seize opportunities offered by new technology

Construction firms still failing to seize opportunities offered by new technology 0

constructionDespite substantial investment in new technology over recent years, the construction industry is struggling to realise the full benefits of key technologies including advanced data and analytics, mobility, automation and robotics. That’s the main finding from Building a technology advantage – Global Construction Survey 2016, the annual state-of-the-industry report from KPMG International. Of the 200-plus senior construction executives who took part in the survey, just 8 percent of their companies rank as “cutting edge technology visionaries,” while 64 percent of contractors and 73 percent of project owners rank as “industry followers” or “behind the curve” when it comes to technology. Two-thirds of survey respondents believe project risks are increasing. According to Armstrong, this is an industry ripe for disruption, yet less than 20 percent of respondents say they are aggressively disrupting their business models.

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CoreNet report sets out how technology will reshape corporate real estate

CoreNet report sets out how technology will reshape corporate real estate 0

Workplace technologyThe speed of today’s technological advances is dramatically reshaping the way that corporations manage and use their real estate. It’s a dynamic that has significant consequences for the workplace, urban development and the overall lifestyle of the average worker. Those are the unsurprising conclusions of a new report from trade association CoreNet Global, which was discussed this week at the organisation’s 2016 Summit – EMEA, held in Amsterdam. As ever, the devil is in the detail so the report is worth exploring to get a sense of just how imminent many of the changes will be, especially because they will converge to create a perfect storm of change for the workplace. This marks the new era out from the past when technology developed in more predictable ways. Several CoreNet Global Gold Strategic Partners contributed to the report including CBRE, Deloitte, ISS, JLL, Newmark Grubb Knight Frank, Sodexo and Steelcase.

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Universal basic income is an idea whose time has come at last

Universal basic income is an idea whose time has come at last 0

Universal basic incomeIt is no longer a question of whether one of the world’s major economies will introduce a universal basic income for all of its citizens, but when. Over the weekend, the leader of the UK’s Labour Party Jeremy Corbyn announced in an interview in the Huffington Post that he was ‘instinctively looking’ at an idea that is already being discussed and piloted in Switzerland, the Netherlands, Norway and Canada. Corbyn may be one of the current glut of what would have once been political outliers in the Western World, but the idea of a universal basic income is one that is increasingly accepted in mainstream economic thinking. The RSA continues to campaign for it and has even put a number on it, suggesting that every UK citizen should be offered £308 between the ages of 25 and 65. Andrew Flowers offers up a masterful and detailed analysis of the economic and political issues involved in this piece on fivethirtyeight.com.

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Corporate real estate sector needs to step up to meet new challenges

Corporate real estate sector needs to step up to meet new challenges 0

US corporate real estateThe corporate real estate profession will be influenced, disrupted and transformed in the years ahead by a powerful combination of forces that are re-shaping business strategy and operations, consumer preferences, and how and where people want to live and work, according to a new report from CoreNet Global. The Bigger Picture: The Future of Corporate Real Estate draws on the expertise of more than 30 thought leaders to provide insights from multiple perspectives beyond CRE: technology and the internet of things; risk mitigation; cyber security; environment, energy and sustainability; corporate social responsibility; the global economy; people, talent, wellbeing; and the future of cities. The report argues that CRE must deliver greater value in this dynamic business environment and a world that is changing rapidly, is more interconnected than ever before, is constantly disrupted by technological innovation, and is replete with both risks and opportunities.

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Businesses worldwide ready to welcome robots into workplace

Businesses worldwide ready to welcome robots into workplace 0

robotsBusinesses are ready to embrace the new era of robot workers, automation and artificial intelligence, according to a new report. The Robotic Workforce Research study by AI specialists Genfour claims that more than half of respondents globally are ready to embrace the arrival of robots in the workplace. Almost half of respondents believe that between 10 and 30 percent could be subject to automation. Across all businesses in the UK and US, 94 percent responded that they would either embrace robots or felt a robotic future would be inevitable. Almost half (46 per cent) of UK businesses say they are set to welcome robots at work. A similar proportion (47 per cent) believe it is inevitable, and a third (32 per cent) believe they’ll be able to automate as much as 20 per cent of their business as soon as the technology becomes available. Just seven per cent are worried robots would steal jobs and 16 per cent currently have not planned automation.

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New proposals to create legal status for robots as ‘electronic persons’

New proposals to create legal status for robots as ‘electronic persons’ 0

One of the main side issues in the generally unpleasant debate about the UK’s referendum on EU membership has been that about worker’s rights. Whatever the outcome of today’s vote, the EU is already exploring ways in which legislation should address the challenges created by the modern world. These now include, for the first time, a look at the implications of automation including the drawing up of a new set of rules about the rights and responsibilities of robots and other automated workers. A draft report from the European Parliament’s Committee on Legal Affairs sets out to address the main issues associated with the creation of a widespread automated workforce and its impact on both people and machines, including looking at the impact on the social security and pensions budget (because robots don’t pay into the system), the legal rights of robots and new liability rules for the automated workforce of sophisticated ‘smart’ robots.

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Surprising number of people fear they will soon be replaced by a robot

Surprising number of people fear they will soon be replaced by a robot 0

robotsA surprisingly large proportion of the British working population believes it could find its job taken by a robot within the next 10 to 50 years, according to a study from software firm Opentext. The survey of 2,000 people found that 42 percent of them overall believe their jobs will be automated within half a century and around a quarter feel it could happen within the next decade. A surprisingly large number – 7 percent- feel they could be ousted by a robot within the next two years. The results display a strong generational bias with19 per cent of 18-24 year olds claiming that they sometimes or frequently worry about this issue. The older generation on the other hand rarely, if ever, worries about robots taking its jobs with 73 per cent of 45-54 year olds saying that they never worry about being replaced by automation. Even so, 25 percent of those in this age group believe that robots might replace them over the course of the next decade.

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The digital future of work is more about humans than machines, claims study

The digital future of work is more about humans than machines, claims study 0

future of workThe claims that robots will render the human species redundant are largely exaggerated suggests a new report from Cognizant’s Centre for the Future of Work and the Economist Intelligence Unit. But we will have to find a new path and it may be one that emphasises human strengths and characteristics working alongside robots. The study of 420 managers in Europe and the US explores the future of the workplace in an increasingly automated world and suggest we will also see the emergence of new jobs involved in the design of augmented reality and avatars as well as a generally greater emphasis on robot-human partnerships in an increasingly digital world. The study claims, unsurprisingly, that the reliance on physical office space will recede, forcing businesses to employ intelligent workplaces which will monitor workers’ environment, needs and even moods.

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Government needs to wise up to the Fourth Industrial Revolution

Government needs to wise up to the Fourth Industrial Revolution 0

Fourth Industrial RevolutionLast week, the UK Government passed the latest bill to pave the way for the creation of HS2, the high speed rail line that will initially connect London with Birmingham and later cities like Sheffield, Manchester and Leeds. Most of the criticisms of the line are focussed on its financial and environmental costs, impact on the wider rail network and (frankly poor) design. We can grant the project’s proponents all of their arguments countering those points and still we are left with a perhaps more fundamental problem. We are now committed to creating a train that will monopolise the resources available to public transport for the next twenty years and exist for more than a hundred, but without considering the world in which it will arrive. I’d go further and suggest that even as its tracks are laid, the world around it will already have left it behind, leaving it as an impressive but doomed testament to hubris, old tech and failure of imagination.

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US businesses wasting $1.8 trillion annually on mundane tasks

US businesses wasting $1.8 trillion annually on mundane tasks 0

Boring mundane meetingsA new report from enterprise software firm Samanage, claims that US businesses are wasting up to $1.8 trillion annually on repetitive and mundane tasks that could easily be automated, leaving people free to carry out more productive and creative work.  The Samanage State of Workplace Survey, polled around 3,000 US working adults and claims that workers spend an average of 520 hours a year – more than one full day’s work each week – on repetitive services and tasks that could be easily automated, such as, password reset requests, contract reviews and approvals, office supply requests and performing other simple administrative tasks. In addition to lost time and money, the survey also claims employees are skirting organisational IT policy. Outdated technology is holding employees in the modern workforce back from driving process efficiency and identifying ways to make their work life better.

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Staff believe 91 percent of UK firms will no longer be competitive by 2020

Staff believe 91 percent of UK firms will no longer be competitive by 2020 0

right-information-right-technologiesStudies using 2020 as an apocalyptic landmark are thinner on the ground these days as we get closer to the actual year, so it’s great to see the old chestnut given another roasting in a new report from tech consultancy Infomentum. The headline stat from their new Beyond Digital report is that 91 percent of UK employees believe that new technology will mean that their current businesses will no long be competitive by 2020 unless they face up to the challenges of the digital economy. The report, based on a study of over 1000 office workers, examines how new technology is set to disrupt businesses and employment. Around 50 percent of respondents believe their employers will have to invest in new technology in order to fend off extinction. The survey also suggests that organisations resort to bandwagon jumping when it comes to new technology rather than assessing their needs before making decisions.

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