Search Results for: tech

GenAI will change the nature of work and encourage people to spend more time working together

GenAI will change the nature of work and encourage people to spend more time working together

UK chief executives see implementing Generative AI (GenAI) as an opportunity to change the nature of work and create highly skilled workforces without reducing the number of jobs in the marketUK chief executives see implementing Generative AI (GenAI) as an opportunity to change the nature of work and create highly skilled workforces without reducing the number of jobs in the market, according to KPMG’s 10th annual CEO Outlook survey. KPMG surveyed more than 1,300 CEOs around the world – 150 in the UK – in July and August, revealing that two thirds of UK CEOs (65 percent and 76 percent globally) see GenAI as a positive disruptor with 68 percent (65 percent globally) agreeing that GenAI remains a top investment priority. (more…)

Majority of IT managers think AI is coming for people’s jobs

Majority of IT managers think AI is coming for people’s jobs

Sixty-eight per cent of UK based managers believe AI will take more jobs than it creates and only 20 percent think AI will be a net job creator. The global average is 57 percent and 27 percent respectively.Two thirds of UK organisations say they are prioritising AI in their IT and customer service thinking, according to a new poll from 8×8. As a result they are starting to assess the roles and working hours of employees. The Future of Work: 2030 Vision Report [registration], surveyed the opinions of over 400 IT and Customer Experience (CX) managers. It looks into the projected makeup of the global workforce in 2030, organisations’ technological priorities between now and then, and the current and future challenges they may face. (more…)

Third of people would like workplace AI ban, half feel jobs are insecure

Third of people would like workplace AI ban, half feel jobs are insecure

A new poll from CYPHER Learning claims that one in three workers would like to see AI banned from the workplace, while nearly half express concern that AI poses a threat to their future job securityA new poll from CYPHER Learning claims that one in three workers would like to see AI banned from the workplace, while nearly half express concern that AI poses a threat to their future job security. The study, suggests that women, workers over the age of 55, and those in clerical or manual labour roles feel most at risk. The survey of 4,543 workers across the US, UK, and Mexico found that AI is reshaping job roles, with 63 percent of respondents reporting that AI technologies has already changed the skills required for their jobs. More than half of those surveyed (52 percent) believe that AI will either completely transform or have a major impact on their roles within the next two years. As a result, 38 percent of workers anticipate the need for retraining due to job obsolescence, and almost half (45 percent) are worried about their future job security. (more…)

Graduates don’t offer employers enough creativity in the workplace

Graduates don’t offer employers enough creativity in the workplace

A new report claims to reveal that UK graduates are falling short when it comes to offering organisations the creativity they need in the workplace.A new report claims that UK graduates are falling short when it comes to offering organisations the creativity they need in the workplace. The poll from Canva of around 1,000 recent university graduates, educators, and hiring managers in the UK, suggests that over three quarters (77 percent) of graduates and 66 percent of hiring managers consider creativity essential for landing a job and succeeding in the workplace. (more…)

Most firms have little to no idea how people get their work done

Most firms have little to no idea how people get their work done

The report suggests that nearly half of organisations (45 percent) do not conduct "employee journey mapping," leaving them uninformed about how digital friction -the difficulties people have working with technology - affects people's ability to perform tasks at workMany companies remain unaware of how their employees’ digital workplace experiences impact productivity, according to a new report by Scalable Software [registration]. The report suggests that nearly half of organisations (45 percent) do not conduct “employee journey mapping,” leaving them uninformed about how digital friction -the difficulties people have working with technology – affects people’s ability to perform tasks at work. The report claims that this limits their understanding of the challenges people face when working with tech. (more…)

Parliament refit could hold back UK net zero efforts for 40 years

Parliament refit could hold back UK net zero efforts for 40 years

The £20 billion refurbishment of the Palace of Westminster, could impact the availability of people needed for UK net zero targetsThe extensive refurbishment of the Palace of Westminster, a project estimated to cost over £20 billion, could significantly impact the availability of specialist craftworkers needed for the UK’s net zero targets, according to Historic England. The public body is warning that the project, which could take up to 43 years and require around 3,000 specialist workers annually, would absorb a large portion of the nation’s skilled heritage plasterers, carpenters, and window specialists. This is likely to strain an already limited workforce at a time when the country faces a shortage of traditional building crafts essential for refurbishing older buildings. (more…)

Traditional models of facilities management are no longer fit for purpose, report claims

Traditional models of facilities management are no longer fit for purpose, report claims

facilities managmentWorkplaces need to be maintained and managed in a more agile and responsive way if they are to serve the needs of hybrid working and the so-called return to the office, according to new research from Colliers. Colliers Global Occupier Services’ new report Adaptive Facilities Management – a new vision in agility reveals traditional facilities management (FM) models, where services are delivered at fixed frequencies and costs, are no longer fit for purpose, due to occupancy levels at many workplaces remaining in flux. (more…)

Commercial property market should be more optimistic, but it still needs to change

Commercial property market should be more optimistic, but it still needs to change

JLL’s latest Future of Work Survey claims to reveal new opportunities for the commercial property sector as two-thirds of business leaders expect their CRE budget to riseJLL’s latest Future of Work Survey claims to reveal new opportunities for the commercial property sector as two-thirds of business leaders expect their CRE budget to rise between now and 2030. Despite challenges in the commercial real estate sector and bumpy economic conditions, global business leaders are optimistic about the future, with two-thirds (65 percent) expecting their CRE budgets to increase by 2030, according to the poll. This survey sets out to explore the evolving nature of work, assessing the key priorities, challenges, and strategies for more than 2,300 business and CRE decision-makers. (more…)

Digital transformation efforts yet to translate into greater productivity at many firms

Digital transformation efforts yet to translate into greater productivity at many firms

British and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024, but this hasn’t yet translated into improved productivity or digital maturityBritish and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024, but this hasn’t yet translated into improved productivity or digital maturity. The poll of 600 decision makers in the UK and Ireland, now in its second year, reveals what it claims is a ‘stark productivity and efficiency paradox’ for employers, as well as a Catch-22 for workers. (more…)

Firms are optimistic about AI, but most have little idea what to do with it

Firms are optimistic about AI, but most have little idea what to do with it

Despite high levels of optimism about their adoption of AI, two thirds of firms say they are not ready to implement AI in projects yetDespite high levels of optimism about their adoption of artificial intelligence, two thirds of firms say they are not ready to implement AI in projects yet, according to a new poll. The Riverbed Global AI & Digital Experience Survey suggests that while 94 percent of those surveyed say AI is a top C-Suite priority and 91 percent agree it provides a competitive advantage, only 37 percent are fully prepared to implement projects now,  However, 86 percent of leaders say they expect their organisation to be fully prepared to implement a strategy and projects by 2027.  (more…)

US law firms make up two thirds of global law firm office leasing activity

US law firms make up two thirds of global law firm office leasing activity

Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal marketsNew York accounted for a third of all leasing activity globally in the legal sector in the first half of 2024, says Savills, equating to over 1.4 million sq ft of space, out of a total of 4.3 million sq ft across the world’s 15 largest legal markets, reflecting its position as the world’s principal legal hub. Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal markets, reflecting the dominance of American firms in the sector overall, as well as the tendency for US legal offices to have a lower occupancy density and thereby requiring more space, according to Savills. (more…)

Generative AI will lead to a threefold increase in greenhouse gases from data centres

Generative AI will lead to a threefold increase in greenhouse gases from data centres

Data centres are set to emit three times more carbon dioxide because of generative AIA new report claims that data centres will generate around 2.5 billion tonnes of greenhouse gas (GHG) emissions worldwide by the end of the decade. This figure is three times higher than it would have been had the rapid rise of generative artificial intelligence (AI) not occurred. The report, published by Morgan Stanley titled Global Data Centers: Sizing & Solving for CO2, suggests that the combined emissions from the construction of new facilities and their energy consumption will amount to around 2.5 billion tonnes of CO2-equivalent by 2030, roughly 40 per cent of the United States’ current annual emissions (more…)