Search Results for: Gen Z

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…)

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…)

How younger generations are redefining workplace exits

How younger generations are redefining workplace exits

 

The modern workplace is witnessing a significant shift in the dynamics of workplace exits, largely driven by younger generationsThe modern workplace is witnessing a significant shift in the dynamics of workplace exits, largely driven by younger generations—especially those born after 1997, known as Gen Z. It’s not just in the places we might expect. For example, in Japan, a country with a reputation for long tenures and employee/employer loyalty, resignation agencies such as Momuri offer services that allow individuals to quit their jobs remotely. Even where moving jobs is relatively rare, this “resignation-as-a-service” has sprung up as a result of discontent within the workforce. This phenomenon, particularly pronounced among younger demographics, is challenging traditional notions of loyalty in the face of workplace dissatisfaction. (more…)

How generative AI is shaping a new landscape for creativity

How generative AI is shaping a new landscape for creativity

 

The impact of generative AI on creative workflows is challenging, profound and multifaceted, writes Chris Hewish Every significant leap in technology has promised more than it has delivered. Or, perhaps more accurately, it has delivered something different from what was promised. When automation began infiltrating manufacturing in the 19th century, there was widespread fear that it would render human labour obsolete. Instead, it transformed the nature of work, creating new categories of jobs and even eradicating others. The digital revolution of the late 20th century followed a similar trajectory. It shifted the burden of tasks, spawned entirely new industries, and necessitated new skill sets. (more…)

People think GenAI is perfectly fine in their own work. For others, not so much

People think GenAI is perfectly fine in their own work. For others, not so much

 

Interestingly, it seems acceptable to use GenAI for ourselves but less so for othersPeople are commonly blind to how much influence Generative AI (GenAI) has over their work, when they choose to enlist the support of technologies such as Chat GPT to complete professional or educational tasks, new research finds. The study, carried out by associate professors Dr Mirjam Tuk and Dr Anne Kathrin Klesse alongside PhD candidate Begum Celiktutan at Rotterdam School of Management Erasmus University, claims to reveal a significant discrepancy between what people consider to be an acceptable level of AI use in professional tasks, and how much impact the technology actually has on their work. (more…)

Businesses planning major investments into Generative AI to increase productivity

Businesses planning major investments into Generative AI to increase productivity

firms are planning major investments into generative AI technologies to drive increases in productivity, but are still being cautious about their impact.A new report from Cognizant and Oxford Economics New Work, New World: Quantifying Global Gen AI Momentum suggests that firms are planning major investments into generative AI technologies to drive increases in productivity, but are still being cautious about their impact. Additionally, 76 percent of businesses say they are looking to leverage the technology to create new revenue streams, while 58 percent are incorporating revenue increases into their business cases. (more…)

Increase in social media use and ‘doomscrolling’ could affect mental health and productivity in Gen-Z workers

Increase in social media use and ‘doomscrolling’ could affect mental health and productivity in Gen-Z workers

doomscrollingNuffield Health’s 2024 ‘Healthier Nation Index’ – a survey of 8,000 UK adults has highlighted how the young workforce is more social media obsessed than ever before. The study claims that social media use has increased for Gen-Z, with 16-24-year-olds spending over two hours a day doomscrolling on social media apps like TikTok, Instagram and Facebook per day (129 minutes), which is a seven percent increase and nearly ten minutes more a day than they were last year (119 minutes). This is four times the daily recommended amount for improved wellbeing. (more…)

Generative AI is scraping vast amounts of regulated sensitive data from organisations

Generative AI is scraping vast amounts of regulated sensitive data from organisations

According to a new study published by Netskope, regulated data (data that organisations have a legal duty to protect) makes up more than a third of the sensitive data being shared with generative AI (genAI) applicationsAccording to a new study published by Netskope, regulated data (data that organisations have a legal duty to protect) makes up more than a third of the sensitive data being shared with generative AI (genAI) applications—presenting a potential risk to businesses of costly data breaches. The new Netskope Threat Labs research claims to reveal that three-quarters of businesses surveyed now completely block at least one genAI app, which reflects the desire by enterprise technology leaders to limit the risk of sensitive data exfiltration. (more…)

Living the dream of better times for a new generation

Living the dream of better times for a new generation

As a new Labour Prime Minister settles into office with a thumping majority behind him and with the Conservative opposition in utter disarray, it’s difficult not to think back to 1997 and the wave of euphoria that over took the nation. Here was a Labour government that seemed to understand the issues the country faced and the direction of travel it needed to take in the future. Tony Blair was 43 years old when he took office (nearly 20 years younger than Keir Starmer is now) and had an instinctive grasp for what Generation X craved. After all, he was the first British Prime Minster to grow up with rock and roll and appeared to embody a generational shift like no politician before him. (more…)

Generative AI could rewrite history, including that of the Holocaust

Generative AI could rewrite history, including that of the Holocaust

A UNESCO report published today warns that unless decisive action is taken to integrate ethical principles, AI could distort the historical record of the Holocaust and fuel antisemitismA UNESCO report published today warns that unless decisive action is taken to integrate ethical principles, AI could distort the historical record of the Holocaust and fuel antisemitism. The report cautions that not only can Generative AI enable malicious actors to seed disinformation and hate-fueled narratives, but it can also inadvertently invent false or misleading content about the Holocaust. (more…)

The adoption of GenAI has major benefits for project management, report claims

The adoption of GenAI has major benefits for project management, report claims

hose who transform the perceived threat of GenAI into an opportunity will undoubtedly be in demand for their innovative leadershipA new report [registration] published by the Project Management Institute claims “those who adeptly transform the perceived threat of GenAI into an opportunity for their project teams and organisations will undoubtedly be in demand for their innovative leadership.” According to the report, 91 percent of project managers who use AI in more than 51 percent of their recent projects (Trailblazers) experienced a significant impact on project quality management. Compared to just 40 percent for project managers who use AI in 15 percent or less of their recent projects (Explorers). (more…)

Right now, GenAI mostly produces cheap grey goo for a perpetual present

Right now, GenAI mostly produces cheap grey goo for a perpetual present

The main effect of GenAI right now is to reproduce stuff that is more or less indistinguishable from what already exists at no cost to businessesI keep hearing that Generative AI will unleash human creativity. Based on the contents of my inbox, I can tell you that is not yet the case. It is increasingly full of GenAI generated press releases and comment pieces that consist of a small amount of gibberish, a larger quantity of stuff that reads likes it’s been written by a non-native speaker, and an even larger amount of bland, clichéd C0nTeNt.    (more…)