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Generative artificial intelligence set to boost GDP but could affect 300 million jobs

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

The latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobsThe latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs claims. The authors suggest that the technology could replace around a quarter of the work tasks carried out in the US and Europe but may also mean new jobs and a productivity boom. The report claims that the tech could increase total annual value of goods and services produced globally by 7 percent. More →

Zero carbon tech for building materials gets $12 billion commitment at COP27

Zero carbon tech for building materials gets $12 billion commitment at COP27

An aluminium clad building facade to illustrate the importance of zero carbon tech in buildingsThe World Economic Forum and US Special Presidential Envoy for Climate announced today at COP27, the expansion of a coalition of global companies, to commit $12 billion in 2030 purchase commitments for zero carbon and green technologies to decarbonise the cement and concrete industry and other hard-to-abate sectors. The latest expansion of the First Movers Coalition – made up of 65 companies with a collective market value of approximately $8 trillion – focuses on cleaning up one of the world’s most carbon-intensive industry sectors through purchasing commitments for low-carbon technology. From construction and engineering to real estate and developers, newly announced First Mover companies have committed to purchasing at least 10 percent near-zero cement and concrete per year by 2030.  More →

Winter is coming: don’t be in the dark about blackouts

Winter is coming: don’t be in the dark about blackouts

a lit candle to illustrate the idea of blackoutsThe National Grid has warned that the UK could face blackouts this winter. The worst-case scenario is that homes and businesses could lose power for pre-defined periods of up to three hours if gas power plants are not able to keep running due to the energy crisis that keeps on giving – or rather, taking. While the British government has dropped its energy rationing campaign, which once formed a crucial part of its plan to prepare for potential energy shortages and blackouts, countries across Europe are drawing up winter contingency plans, as are forward-thinking businesses. More →

The wellbeing of parents should be a greater concern for employers

The wellbeing of parents should be a greater concern for employers

wellbeingA recent Oxford University study revealed that levels of stress, anxiety and depression unsurprisingly rose in parents and carers during the pandemic lockdowns. Although social restrictions have now lifted, the recovery from the significant mental impact will continue to take parents some time. Now, more than ever, organisations have a key role in remedying stress and burnout and supporting working parents’ wellbeing. More →

We can re-imagine the future of human resources

We can re-imagine the future of human resources

human resourcesThe world of work is changing rapidly. Businesses are having to make fundamental shifts to adjust to the emergence of new business models, technologies and the changing expectations of the workforce. This has left human resources teams all over the world needing to efficiently adapt the way they hire, develop and take care of their staff, with the most significant challenge being managing the needs of the current workforce, and addressing their future demands. More →

Bad behaviour at work can be regulated by a little perspective

Bad behaviour at work can be regulated by a little perspective

bad behaviourPeople who can self-reflect and regulate their moral behaviour are more likely to bounce back after a failure rather than deviate from their ‘moral compass’ and misbehave, according to new research. According to the authors, it is well known that people do not always act in accordance with their own standards regards what is right and wrong. Moral disengagement is a psychological concept that helps explain how people may routinise bad behaviour, rule-breaking and wrongdoing without feeling guilty or seeing the need to make amends. More →

How to provide a great place to work for remote workers

How to provide a great place to work for remote workers

A great place to work for remote workersRemote working swiftly evolved from a stopgap lockdown solution into a globally successful workstyle – and it’s set to stay. According to research quoted by CityAM, “84 per cent of UK businesses plan on having a hybrid, flexible or remote workforce following the pandemic”. Some companies, like Deloitte, have placed all bets on remote in closing their offices and basing employees from home, enjoying a vast reduction in operational costs. This flexibility has offered immediate benefits for remote workers, ranging from lifestyle and financial to positive influences on wellbeing. Workers in particular social groups have experienced life-changing situations, securing work in previously inaccessible geographic locations. More →

Real estate players join forces with Urban Land Institute to fast-track decarbonisation

Real estate players join forces with Urban Land Institute to fast-track decarbonisation

real estateThe Urban Land Institute (ULI) has kicked off a new project in partnership with several major real estate organisations – including Allianz Real Estate, Catella, Hines, Redevco and Schroders Capital – that will support the built environment in Europe on its urgent journey to carbon neutrality. More →

From the archive: Flexible working may improve productivity, but does it diminish creativity?

From the archive: Flexible working may improve productivity, but does it diminish creativity?

flexible working and creativityOriginally published in December 2014. Homeworking seems to have become a bit of a hot topic this year, but one sentence published on the www.gov.uk website brought a cold sweat to the brows of many managers and employees across the United Kingdom. “From 30 June 2014, all employees have the legal right to request flexible working – not just parents and carers.” More →

London crowned the most desirable city in the world to work

London crowned the most desirable city in the world to work

LondonA new study on recruitment and workforce trends has crowned London as the world’s most desirable city to work in, with the UK capital holding onto the top spot, despite uncertainty around Brexit and the ongoing Covid-19 pandemic. More →

Businesses must face up to risks beyond the pandemic

Businesses must face up to risks beyond the pandemic

RisksThere’s no question what has occupied the majority of attention for risk managers during 2020. But Healix International, believes the all-consuming consequences of the pandemic could leave governments and employers exposed to other risks in 2021. More →

Nature positive cities have potential to transform the world

Nature positive cities have potential to transform the world

COVID-19 recovery packages that include infrastructure development will influence the relationship between cities, humans and nature for the next 30 to 50 years. With the built environment home to half the world’s population and making up 40 percent of global GDP, cities are an engine of global growth and crucial to the economic recovery. More →