Search Results for: business

AI has yet to have any significant impact on UK employment levels

AI has yet to have any significant impact on UK employment levels

A new report suggests that fears of AI triggering widespread job losses in the UK have yet to be borne out by evidenceA new report suggests that fears of artificial intelligence triggering widespread job losses in the UK have yet to be borne out by evidence, with little indication so far of major disruption to employment. The study, published by think tank The Centre for British Progress, examines labour market data since the rapid emergence of generative AI tools and finds no clear signs that the technology has led to large-scale displacement of workers. Despite frequent predictions that AI could significantly reshape or reduce the workforce in the near term, the report concludes that such effects are not yet visible in aggregate employment trends. (more…)

AI displays bias when judging people, and that matters for some of its most common uses

AI displays bias when judging people, and that matters for some of its most common uses

AI systems don’t just process information; they systematically ‘judge’ people in ways that resemble human trust, but with important differencesAI systems don’t just process information; they systematically ‘judge’ people in ways that resemble human trust, but with important differences, according to a new study by researchers at the Hebrew University of Jerusalem (HU). The results have implications for some of the most common ways AI is already being used as a decision-maker and opinion-former, especially in recruitment and law. According to the new study in Proceedings of the Royal Society A by Prof. Yaniv Dover and Valeria Lerman of the Hebrew University Business School, the reason is both reassuring and deeply unsettling. (more…)

Flokk strengthens North American push with new acquisition

Flokk strengthens North American push with new acquisition

Norwegian furniture manufacturer Flokk has strengthened its push into the North American market with the acquisition of US-based Spec Furniture,Global furniture manufacturer Flokk has strengthened its push into the North American market with the acquisition of US-based Spec Furniture, as part of an ongoing strategy that has seen the company build a significant presence in the US and Canada through a series of deals. The Oslo-headquartered firm said the move forms part of its long-term growth strategy centred on acquisitions, particularly in the fragmented office furniture sector. The company has expanded from a Nordic seating specialist into a broader international business through a combination of organic growth and takeovers. (more…)

Meta installs work tracking software on employee devices to train up AI. Inevitable backlash ensues

Meta installs work tracking software on employee devices to train up AI. Inevitable backlash ensues

Meta is installing work tracking software on the computers of employees in order to train its AI systems. People aren't happyMeta is installing work tracking software on the computers of some employees that records mouse movements, keystrokes and other interactions in order to train its artificial intelligence systems, according to reports. The programme, introduced for US-based staff, is designed to capture how people use workplace software in real time, including actions such as selecting menu options, using keyboard shortcuts and navigating applications. The data may also include periodic screenshots which Meta says is to provide context for these interactions. (more…)

Re-humanising the workplace: why prevention, support and standards matter more than ever

Re-humanising the workplace: why prevention, support and standards matter more than ever

There is growing recognition that the workplace needs to become more human again, not less.There is growing recognition that the workplace needs to become more human again, not less. For all the talk of performance, productivity and retention, too many organisations still treat stress, ill health and emotional wellbeing as secondary matters. They are not. They sit at the heart of business success. The figures from the Keep Britain Working report, an independent review commissioned by the UK government and led by Sir Charlie Mayfield, the former chair of John Lewis, are a wake-up call. The value at stake is enormous. Employers face an estimated £85 billion a year in lost output and costs linked to ill health. For government, the additional burden in welfare payments and NHS demand is around £47 billion annually. On top of this lies the wider cost to the economy through lower participation, and the human and social costs of lost opportunity, stalled careers and reduced life chances. (more…)

How to spot a good investment from a mile away

How to spot a good investment from a mile away

strong investments often reveal themselves through simple, consistent signals that anyone can learn.  You do not need insider knowledge or complex formulas to spot quality opportunities early. What you need is a clear mindset and the ability to recognize patterns that repeat over time.  Let’s learn a few ways you can identify a good investment from a distance.Investing can feel overwhelming, especially when every opportunity claims to be the next big thing. You see bold promises, confident pitches, and glowing testimonials that sound almost too perfect. The truth is that strong investments often reveal themselves through simple, consistent signals that anyone can learn.

You do not need insider knowledge or complex formulas to spot quality opportunities early. What you need is a clear mindset and the ability to recognize patterns that repeat over time.

Let’s learn a few ways you can identify a good investment from a distance.

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Memories of the Office Age 

Memories of the Office Age 

memories of the office ageOriginally published in November 2021. No author uses the built environment like J G Ballard. In his 1975 novel High-Rise, the eponymous structure is both a way of isolating the group of people who live and compete inside it and a metaphor for their personal isolation and inner struggles. Over the course of three months, the building’s services begin to fail. The 2,000 people within, detached from external realities in the 40-storey building, confronted with their true selves and those of their neighbours, descend into selfishness and – ultimately – savagery.  (more…)

A word or two on what people tell you about work and workplaces

A word or two on what people tell you about work and workplaces

All of those surveys about work and workplaces must be telling us something about people and what they do, mustn't they? One of the many criticisms you could make of us as a business is a reliance on company sponsored surveys to generate news stories about workplaces. We don’t publish all of them, you’ll be relieved to hear. The ones we reject are usually too nakedly self-serving. Even the ones that have some degree of statistical cred must be viewed in the right context, distorted as they might be by loaded questions, self-reporting, deliberate lying and other response biases.  Our attitude towards these polls is that they often contain some element of truth, especially if results are repeated over a period of time. When surveys over many years tell you that noise is the biggest gripe about office life, you should believe them.    (more…)

Creativity, thinking and expertise in the workplace should be safeguarded from AI

Creativity, thinking and expertise in the workplace should be safeguarded from AI

Workplace professionals and general managers should proceed with caution if they want to use AI to improve efficiency and human capital in the workplace, and should take steps to ensure creativity and critical thinking are preserved, new research from the University of Bath School of Management suggests. The research team identified two types of knowledge which appeared partially compatible with AI – encoded knowledge, which encompasses rules, procedures, policies, and datasets; and embedded knowledge – essentially digitalised processes and routines. (more…)

British workers now entirely unproductive, claims report

British workers now entirely unproductive, claims report

The overwhelming majority of UK workers don’t do anything productive at all, according to a new report published today. The study of available research into the illnesses, injuries, distractions, wastes of time, procrastinations, productivity drains and paralyses that afflict British workers found that the annual cost to the British economy is around £1.8 trillion, equivalent to 98.9 percent of GDP.

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Zoning Inzio’s new office with intelligent flooring choices

Zoning Inzio’s new office with intelligent flooring choices

Leading the office design, Blueprint Interiors collaborated with experts from flooring manufacturer and global leader in sustainability, Interface.  When Inizio, the healthcare services provider, relocated to its 18,000 sq. ft premises in Ashby-de-la-Zouch, Leicestershire, it needed a workspace that would reflect its growth ambitions while promoting employee wellbeing. Offering a full range of services, from strategy to medical communications, Inizio helps healthcare brands connect with customers and patients through tailored solutions. To extend that same commitment to its employees, the company has now created a workspace that not only supports its people’s working patterns but protects the planet too. (more…)

AI adoption slows in workplaces despite hype and massive investment

AI adoption slows in workplaces despite hype and massive investment

Corporate adoption of artificial intelligence (AI) appears to be slowing, raising questions about the pace at which the technology will deliver economic returnsCorporate adoption of artificial intelligence (AI) appears to be slowing, raising questions about the pace at which the technology will deliver economic returns, according to a new analysis of data in The Economist. Figures quoted from the US Census Bureau suggest that the proportion of employees using AI at work has edged down to around 11 percent in recent weeks. The decline is most notable among larger organisations with more than 250 staff, where uptake had previously been stronger. The findings indicate that, three years into the current wave of generative AI development, business demand may be less robust than anticipated. (more…)