Search Results for: change

Meh. Generative AI in the workplace is delivering modest returns that don’t match the hype

Meh. Generative AI in the workplace is delivering modest returns that don’t match the hype

by • AI, News

the use of generative AI chatbots has so far delivered only modest gains in productivity and almost no increase in pay or reductions in working hours for employeesA new study by the US-based National Bureau of Economic Research has cast doubt on the immediate transformative impact of artificial intelligence in the workplace, finding that the use of generative AI chatbots has so far delivered only modest gains in productivity and almost no increase in pay or reductions in working hours for employees. The working paper [restricted access], authored by economists Anders Humlum and Emilie Vestergaard, used detailed Danish employment data to assess the real-world effects of AI adoption across 7,000 workplaces and 25,000 workers, focusing on white-collar roles most susceptible to automation—such as accountants, IT support staff, journalists, HR professionals, and software developers. (more…)

Not waving but drowning. People feel optimistic about the use of AI in the workplace … and swamped by it

Not waving but drowning. People feel optimistic about the use of AI in the workplace … and swamped by it

by • AI, News, Wellbeing

As the use of AI in the workplace continues to rise, new research from Henley Business School reveals that while optimism about AI’s potential is on the rise, so is the feeling of being overwhelmed by its rapid developmenAs the use of AI in the workplace continues to rise, new research from Henley Business School reveals that while optimism about AI’s potential is on the rise, so is the feeling of being overwhelmed by its rapid development. A poll of 4,640 adults across nearly 30 major sectors, commissioned by The World of Work Institute at Henley Business School, reveals that over half (56 percent) of full-time professionals feel optimistic about AI advancements, yet 61 percent admit they are overwhelmed by the pace of change. (more…)

Moments of wonder can help to fend off depression and stress, research finds

Moments of wonder can help to fend off depression and stress, research finds

by • News, Wellbeing

A new peer-reviewed study published in the Journal Nature suggests that brief moments of wonder and amazement can significantly reduce symptoms of depression and stressThere’s a famously apocryphal story about the making of the 1965 biblical epic The Greatest Story Ever Told. During a rehearsal, John Wayne, playing the Centurion at the Crucifixion, was asked by director George Stevens to deliver his line about Jesus Christ being the Son of God “with awe.” So, in the next take, the actor changed the line from the Bible to: “Awe, truly this man was the son of God.” Turns out that a daily dose of awe may be just what we all need. A new peer-reviewed study published in the Journal Nature suggests that brief moments of wonder and amazement can significantly reduce symptoms of depression and stress, even in individuals coping with persistent physical and mental health challenges. (more…)

Little evidence that hybrid working has encouraged high skilled people to relocate to cheaper regions

Little evidence that hybrid working has encouraged high skilled people to relocate to cheaper regions

by • Flexible working, News

the shift towards remote and hybrid working has not significantly changed where people live, nor has it helped to distribute talent more evenly across the countryA new report and series of policy briefings by a team of UK researchers suggest that the shift towards remote and hybrid working has not significantly changed where people live, nor has it helped to distribute talent more evenly across the country. Led by Professor Jackie Wahba OBE from the University of Southampton and Dr David McCollum from the University of St Andrews, the research was conducted by the ESRC Centre for Population Change and Connecting Generations, in collaboration with academics from the University of Birmingham, De Montfort University, and the University of the Arts London. The findings show that most remote workers continue to follow hybrid working patterns, splitting their time between home and the office while staying within commuting distance of major employment centres. This trend limits the potential to reduce regional inequalities or drive economic growth outside of London and the South East.

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Is anyone really thinking about the future beyond what happens next?

Is anyone really thinking about the future beyond what happens next?

by • Comment, SF, Technology, Wellbeing

I am invited to discussions about AI impacts which focus on the coming weeks and months, but it begs the question, who is thinking about the futureThe conversations around AI at the moment are interesting. Academic. Thought-provoking. Posts on LinkedIn discuss job changes and what the future may look like in theoretical terms. The words ‘streamlined’ and ‘automated’ litter the chats between Executives and CEOs. But that seems to be where consideration ends. We are talking about the future, but the very near future. I am invited to discussions about AI impacts which focus on the coming weeks and months, but it begs the question, who is thinking about the future? (more…)

Employer confidence falls to record low as UK employers face rising costs and uncertainty

Employer confidence falls to record low as UK employers face rising costs and uncertainty

by • News, Workplace

The number of UK employers expecting to increase headcount in the next three months has fallen to a record low outside of the pandemicThe number of UK employers expecting to increase headcount in the next three months has fallen to a record low outside of the pandemic, as they grapple with rising employment costs and growing global uncertainties. This is according to the latest Labour Market Outlook report from the CIPD, which shows that the rate of employers expecting to increase headcount has fallen sharply among large private sector employers, and in retail in particular. In response, the CIPD is urging the government to closely consult with employers and business bodies to limit the potential impact the Employment Rights Bill could have on employer’s hiring plans as businesses face mounting external pressures. (more…)

Office design and the office market are not what you might be led to believe

Office design and the office market are not what you might be led to believe

by • Comment, Workplace design

The future of office design is that the physical workplace will resemble nothing so much as an upscale hotel, right? Right?Over the weekend The Times published an article headlined “The ‘super-prime’ offices designed to lure WFH staff back in”. It described how firms are reshaping offices in the image of upmarket hotels, with enticing features such as gyms, childcare, cinemas, climbing walls, lounges and restaurants (run by Gordon Ramsay natch). These are luxury spaces to make the office worth the commute, as the cliché goes. Although the author concedes that this is largely a London phenomenon in the UK, the implication is that offices everywhere must ape this office design approach to some degree to meet the demands of the post-covid workforce. This is compelling stuff and not the first time you will have heard the argument. But, is it true? (more…)

The world needs amazing leaders like never before. But where are they?

The world needs amazing leaders like never before. But where are they?

by • Business, Comment, Workplace

rapid changes in today’s environment can put even the best leaders under immense strain and cause ripple effects within the organisationDemand for integrity and strength in leadership has never been greater. A wave of quickly evolving AI technologies, combined with geopolitics and other pressures, is increasing this need at an unprecedented pace. The rapid changes in today’s environment can put even the best leaders under immense strain and cause ripple effects within the organisation. In fact, even those changes that are expected to bring efficiency and simplicity like GenAI, translate into confusion, anxiety, and complexity in many situations. According to McKinsey research, a staggering 56 percent of employees report that their leaders are either mildly or highly toxic. Even more concerning, 75 percent of employees identify their boss as the most stressful part of their workday. (more…)

Co-working spaces bring a whole range of benefits for employees and communities

Co-working spaces bring a whole range of benefits for employees and communities

by • Comment, Flexible working, Property, Workplace design

Today’s co-working spaces have evolved into something more powerful – particularly in a world still reshuffling office work practices in the wake of the COVID pandemic.When you think of co-working spaces – where workers from different industries come together to share a convenient workplace – you might picture a group of young freelancers hunched over laptops. But today’s co-working spaces have evolved into something more powerful – particularly in a world still reshuffling office work practices in the wake of the COVID pandemic. As workplaces adapt to new ways of operating, from hybrid to “digital nomadism”, co-working spaces can do more than simply offer flexibility. They can support workers’ wellbeing and work–life balance by enhancing a sense of community, building trust and new friendships, and encouraging continuous learning. (more…)

Prime office rents around the world continue to rise

Prime office rents around the world continue to rise

by • News, Property

ental growth for prime office space around the world accelerated in the first quarter of 2025, increasing on average by 0.6 percent, following a 0.3 percent increase in Q4 2024Rental growth for prime office space around the world accelerated in the first quarter of 2025, increasing on average by 0.6 percent, following a 0.3 percent increase in Q4 2024, says Savills. Fit out costs also rose by 0.7 percent in the first quarter, following a 0.2 percent increase in Q4, as demand for top quality office space continues unabated. According to Savills Q1 2025 Prime Office Costs report, in the first quarter average ‘all-in’ net effective costs (rent plus fit-out costs) rose by 0.5 percent, with 21 of the 40 locations monitored recording an increase, continuing a moderate upwards trend of 3.3 percent over the last year. (more…)

Half of businesses who have made people redundant in favour of AI think they may have messed up

Half of businesses who have made people redundant in favour of AI think they may have messed up

by • AI, News, Technology

A new poll from Orgvue claims that 39 percent of business leaders who have deployed AI in their firms have already made employees redundant. Of those, 55 percent think there's a good chance they made wrong decisions about those redundancies.A new poll from Orgvue claims that 39 percent of business leaders who have deployed AI in their firms have already made employees redundant. Of those, 55 percent think there’s a good chance they made wrong decisions about those redundancies. Orgvue first conducted its international survey of 1,000 C-suite and senior decision makers at medium and large organisations in 2024. This year, the research highlights what Orgvue says is growing caution in deploying artificial intelligence and acknowledgment that businesses need to reskill people to work with the technology. (more…)

AI ushers in the era of the ‘frontier firm’, Microsoft report claims

AI ushers in the era of the ‘frontier firm’, Microsoft report claims

by • AI, News

A new report from Microsoft claims that 2025 will mark a new point in the evolution of work, with organisations across the globe now entering what it calls the age of the 'Frontier Firm' reliant on both AI and humansA new report from Microsoft claims that 2025 will mark a new point in the evolution of work, with organisations across the globe now entering what it calls the age of the ‘Frontier Firm’. The report defines this as a ‘future-facing business model in which a combination of artificial intelligence and human collaboration reshapes work processes and redefines the very structure of enterprises’. The 2025 Work Trend Index, published by Microsoft’s WorkLab, claims to draw on one of the most comprehensive datasets to date, combining insights from 31,000 workers across 31 countries, thousands of Microsoft 365 ‘productivity signals’, and labour market trends derived from LinkedIn’s global data. The report argues that AI is no longer a novel addition to the workplace — it is becoming central to how work is done, who does it, and what organisations can achieve. (more…)

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