Search Results for: ethics

Business leaders lack ethical insight needed to get the best out of AI

Business leaders lack ethical insight needed to get the best out of AI

Although executives have high expectations for the impact that AI will have on their businesses according to Cognizant’s new report, ‘Making AI Responsible – and Effective, only half of companies have policies and procedures in place to identify and address the ethical considerations of its applications and implementations.  The study analyses the responses of almost 1,000 executives across the financial services, technology, healthcare, retail, manufacturing, insurance and media & entertainment industries in Europe and the US. The research suggests that business leaders are positive about the importance and potential benefits of AI. Roughly two- thirds (63  percent) say that AI is extremely or very important to their companies today, and 84  percent expect this will be the case three years from now. Lower costs, increased revenues and the ability to introduce new products or services, or to diversify were cited as the key advantages for the future.

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Shortlist for Business Book Awards features more on workplace and wellbeing than ever before

Shortlist for Business Book Awards features more on workplace and wellbeing than ever before

This year’s shortlist for the Business Booko Awards features more books than ever on wellbeing and happiness in the workplace as well as career self-development,  company culture and business ethics. A record number of women authors have also made the shortlist. More →

Facebook is the new smoking, orgasms at work, a ghost airport and some other stuff

Facebook is the new smoking, orgasms at work, a ghost airport and some other stuff

A slow news week here in the UK so the opportunity presents itself for quiet consideration of some important issues about the workplace. The big story has been the change of identity for the British Institute of Facilities Management, unveiled after weeks of debate and speculation. We’ll be running some commentary on what this all might mean in the next few days but for now, suffice it so say that any parallels with Brexit are entirely coincidental.

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Organisations at risk of falling behind due to a lack of AI strategy, training and experience 

Organisations at risk of falling behind due to a lack of AI strategy, training and experience 

UK organisations risk falling behind oversees competition due to a lack of Artificial Intelligence strategy, according to a new report (registration required) published by Microsoft UK and Goldsmiths, University of London. In the face of significant disruption, the research reveals that 41 per cent of business leaders believe their current business model will cease to exist within the next 5 years. Despite big questions over the longevity of their business models, more than half (51 per cent) of business leaders surveyed revealed they do not have a relevant strategy in place to address these challenges.   More →

Smart spaces and the other top technology trends for 2019

Smart spaces and the other top technology trends for 2019

Technology researcher Gartner has highlighted the top strategic technology trends it believes organisations should be aware of in 2019. Gartner defines a strategic technology trend as one with ‘substantial disruptive potential that is beginning to break out of an emerging state into broader impact and use, or which are rapidly growing trends with a high degree of volatility reaching tipping points over the next five years’. One of the interesting points to note is the inclusion of the physical workplace yet again, as we highlighted in our recent feature on the trends shaping office design.

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New report aims to debunk myth that AI will be intrinsically bad for people at work

New report aims to debunk myth that AI will be intrinsically bad for people at work

The latest report that claims to debunk the myths surrounding AI in the workplace arrives from Tata Communications who worked with academics at UC Berkeley to interview 120 business leaders about their attitudes to AI. The report, AI and the Future of Work (registration required) claims to shift ‘the conversation from dystopian fears toward human collaboration and cognitive diversity, the study identifies how AI can diversify human thinking rather than replace it. The study identifies opportunities for businesses and employees based on insights from leaders such as Tony Blair, Executive Chair of the Institute of Global Change and former UK Prime Minister, who predicts that, AI will allow us to do what it is that we are uniquely meant to do: focus on high-level thinking, strategy, and paving the way for innovation.’

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The office will always live on because nothing propinks like propinquity

The office will always live on because nothing propinks like propinquity

Perhaps the most pervasive and enduring myth about the office is that it is somehow dying off. It’s a blast of guff originally farted out at the dawn of the technological revolution in the early 1990s, which has somehow lingered and been stinking the place out ever since. The essential premise behind the idea of the death of the office is that mobile technology makes it possible for us to work from ‘anywhere’ and so that must mean ‘somewhere’ is no longer needed. More →

RICS and IFMA launch Procurement of Facilities Management statement to address “race to the bottom”

RICS and IFMA launch Procurement of Facilities Management statement to address “race to the bottom”

The Royal Institute of Chartered Surveyors (RICS) has today launched its first professional statement to ‘reduce risk, increase transparency and further trust’ in procurement in facilities management. The RICS Procurement of facility management, RICS professional statement, UK 1st edition, was worked on in collaboration with IMFA, and also the Chartered Institute of Purchasing and Supply (CIPS). RICS says it will be looking to make this a global professional statement in due course. All RICS regulated professionals (mandatory from the 1 October 2018) will be expected to follow this guidance, but according to RICS, adoption of the framework would be competitively beneficial for all property professionals involved in the procurement of FM services, including those acting for landlords and occupiers, FM suppliers procuring services from sub-contractors and investors and public and private occupier organisations.

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Optimal workplace productivity gains could add £39.8 billion to British and Irish economies

Optimal workplace productivity gains could add £39.8 billion to British and Irish economies

The United Kingdom could reshape its economic future and unlock its share of £39.8 billion in untapped GDP if organisations were to ‘optimise their workplaces’, according to a new study by Ricoh and Oxford Economics, titled The Economy of People (registration required). The UK could achieve a 1.8 percent increase in GDP, equal to £36.8 billion, which could pay for the cost of Brexit twice with change to spare. Similarly, the Irish economy could expand by 1.0 percent, or £3 billion, if businesses commit to creating the optimal office. The findings from The Economy of People are based on forecasts of how productivity in various industries will improve, if investment in workplaces makes them optimal for those that work there and their employers. Surveys and interviews were conducted with employees and executives to uncover how workplace elements, such as culture, physical workspace and technology affect performance and productivity.

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Artificial intelligence should have a clear ethical dimension, claims new government report

Artificial intelligence should have a clear ethical dimension, claims new government report

While the UK is in a strong position to be a world leader in the development of artificial intelligence which would deliver a major boost to the economy, ethics should be at the heart of its development, according to a new report from the House of Lords. AI should never be given the “autonomous power to hurt, destroy or deceive” people, it adds. The Lords’ report called on the government to support businesses in the field. It also recommended that people be educated to work alongside AI in the jobs of the future. It said that such education would “mitigate the negative effects” on jobs which are possible as AI develops.

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Recruitment via artificial intelligence must be monitored to avoid adopting human bias

Recruitment via artificial intelligence must be monitored to avoid adopting human bias

Recruitment via artificial intelligence must be reviewed to avoid adopting human biasArtificial intelligence systems need to be accountable for human bias at AI becomes more prevalent in recruitment and selection, attendees at the Employers Network for Equality & Inclusion’s annual conference have been warned. Hosted by NatWest, the conference, Diversity & Inclusion: The Changing Landscape heard from experts in ethics, psychology and computing. They explained that AIs learnt from existing data, and highlighted how information such as performance review scores and employee grading was being fed in to machines after being subjected to human unconscious bias.  Dr David Snelling, the programme director for artificial intelligence at technology giant Fujitsu, illustrated how artificial intelligence is taught through human feedback. Describing how huge data sets were fed into the program, David explained that humans corrected the AI when it used that data to come to an incorrect conclusion, using this feedback to teach the AI to work correctly. However, as this feedback is subject to human error and bias, this can become embedded in the machine.

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Seven great workplace stories that have inspired and intrigued us over the past week

Seven great workplace stories that have inspired and intrigued us over the past week

Do people really get promoted to their level of incompetence?

Emotional Intelligence: an integrative meta-analysis

Male and female bosses share the same “masculine” personality traits

How to read less news but be more informed

The Jurassic Park problem – tech and ethics

The 911 transcripts of times Apple employees walked into glass walls

Landlords woo office tenants with worker perks