Search Results for: economy

Up to 8 million UK jobs already at risk from AI without intervention

Up to 8 million UK jobs already at risk from AI without intervention

An analysis of the impact of generative artificial intelligence (AI) on the UK labour market uncovers a ‘distinct sliding doors moment’, with possibilities for huge job disruption in future or significant GDP gains, depending on government policy. The report from think tank the IPPR claims to identify two key stages of generative AI adoption: the first wave, which is here and now, and a second wave in which companies will integrate existing AI technologies further and more deeply into their processes. More →

Republic of Korea to join Horizon Europe programme

Republic of Korea to join Horizon Europe programme

Korea will join the growing group of countries associated to Horizon Europe, the EU research and innovation programmeKorea will join the growing group of countries associated with Horizon Europe, the EU research and innovation programme. Horizon Europe is the biggest EU research and innovation programme ever with a budget of €95.5 billion for the period 2021-27, complemented by the financial contributions from associated countries. It is open to the world, which means that participants from all over the world can participate in nearly all calls. Entities from associated countries have additional opportunities in collaborative projects and are treated on par with the entities of EU Member States regarding the access to funds. More →

AI will leave a lot of people with nowhere to go in the job market

AI will leave a lot of people with nowhere to go in the job market

Non-graduates, 'silver surfers' and those in lower socio-economic brackets will be left behind as AI creates a 'skills glass ceiling'Non-graduates, ‘silver surfers’ and those in lower socio-economic brackets will be left behind as the rise of AI creates a ‘skills glass ceiling’. That’s according to the latest Robert Half Jobs Confidence Index (JCI) – an economic confidence tracker produced in partnership with the Centre for Economics and Business Research (Cebr). The latest iteration of the Robert Half JCI revealed that almost half (45 percent) of the UK workforce is concerned that AI will disrupt their career in the next six to ten years. More →

UK Space Agency announces new headquarters and regional offices

UK Space Agency announces new headquarters and regional offices

The location of the UK Space Agency's new headquarters, the Quad Two building at the Harwell Science Campus’ Space Cluster in Oxfordshire.The UK Space Agency is opening new headquarters in Harwell, Oxfordshire and regional offices in Scotland, Wales and the Midlands as it works to support the space sector across the UK.  According to the government, the expansion will enable the Agency to collaborate more closely with the UK’s space sector, while promoting regional skills and job opportunities to deliver ‘increasingly ambitious missions and capabilities’. As set out in the Space Industrial Plan, the government says it is committed to continuing its support for space clusters across the UK and ‘providing the tools needed to drive collaboration between them and catalyse further investment’. More →

Architecture must transform to meet the climate challenge, say RIBA

Architecture must transform to meet the climate challenge, say RIBA

The most significant actions the architecture profession can take to help mitigate the worst impacts of climate change, adapt buildings to withstand weather extremes, promote biodiversity and scale up engagement and activismThe Royal Institute of British Architects (RIBA) has launched a new horizon-scanning programme with a set of scans that identify the most pertinent environmental issues facing the built environment over the next ten years. Developed by leading academics, The Environmental Challenge themed horizon scans provide foresight into the most significant actions the architecture profession can take to help mitigate the worst impacts of climate change, adapt buildings to withstand weather extremes, promote biodiversity and scale up engagement and activism. More →

Greater support for public health professionals could reap huge economic benefits

Greater support for public health professionals could reap huge economic benefits

Millions of people in the public health workforce could help reduce ill health in the UK, new report finds The Royal Society for Public Health has today published a new report calling for greater collective support for the millions of people in the UK workforce that are positively contributing to the nation’s health. The report argues that there are up to 1.5 million people working across a huge range of occupations who, with the right training and support, have the potential to help produce better health outcomes, reduce pressure on the NHS and grow the economy. More →

When the chairs took over the world and what it all meant

When the chairs took over the world and what it all meant

rows of chairsOf all the things we buy, with the exception of our clothes, furniture is the most intimate, the one item we spend most time in contact with. According to JG Ballard who dedicated himself to understanding our relationship with the world around us, ‘Furniture constitutes an external constellation of our skin areas and body postures’. Whether he would have recognised it as such, Ballard was a pioneer of the principle we now refer to as psychogeography, defined by one of its founders, Guy Debord, as ‘the study of the precise effects of setting, consciously managed or not, acting directly on the mood and behaviour of the individual’. More →

The sector responds to the Spring Budget

The sector responds to the Spring Budget

Yesterday’s Spring Budget included a number of announcements that affect the various people, place and technology professions in the UK. These include a cut in National Insurance, pension fund reforms, support for working parents, AI, helping people back in to work and more. You can see the Government’s own summary here. The various industry sectors have been quick to respond to the announcements. You can see what some people have had to say below, in no particular order. More →

Get tech right to tackle worker burnout and digital overwhelm

Get tech right to tackle worker burnout and digital overwhelm

Burnout is a complicated problem, and an important one for business leaders to address. There is no ‘silver bullet’ solution, but technology is one thing that organisations would be wise to get right.Recent data from Vitality found that the average employee works but underperforms during an average of 50 days a year due to burnout, stress, and insomnia – costing the UK economy £138bn. This corroborates findings from our own Work Innovation Lab which revealed that 4 in 10 UK employees say that their organisations are currently experiencing ‘a high rate’ of burnout. Concerningly, executives often don’t spot these problems until they’ve already taken a toll. More →

Joanna Knight

Joanna Knight has over 30 years’ experience in marketing, sales, PR and journalism in the office / workplace sector and is currently moderator for the Sustainability and Circular Economy Group at Women in Office Design and Council member at the Furniture Industry Research Association.

If you want to increase productivity, let an algorithm decide the incentives

If you want to increase productivity, let an algorithm decide the incentives

Targeting workers with different incentive schemes based on their individual characteristics leads to greater performance and increased productivity and is much more effective than a one size fits all approachTargeting workers with different incentive schemes based on their individual characteristics leads to greater performance and increased productivity and is much more effective than a one size fits all approach, according to new research from Frankfurt School of Finance & Management and published in the Management Science Journal. To study the impact of targeted incentive schemes on performance, Timo Vogelsang, Professor of Accounting at Frankfurt School of Finance & Management, alongside colleagues from University of Cologne, ran two large-scale experiments with more than 12,000 participants on Amazon MTurk. More →

New plans for public sector productivity ‘will deliver up to £1.8 billion worth of benefits by 2029’

New plans for public sector productivity ‘will deliver up to £1.8 billion worth of benefits by 2029’

The UK’s Chancellor of the Exchequer Jeremy Hunt has outlined plans to improve public sector productivity that the government claims will deliver up to £1.8 billion worth of benefits by 2029.The UK’s Chancellor of the Exchequer Jeremy Hunt has outlined plans to improve public sector productivity that the government claims will deliver up to £1.8 billion worth of benefits by 2029. The statement focuses on public sector productivity because the government says it is “an alternative to accepting an ever-increasing bill for public services as [it] sticks to its plan to move on from the high spending and high tax approach that was necessary to get the UK through the shocks of Covid and Russia’s invasion of Ukraine. A new focus is needed on the long-term decisions required to strengthen the economy and give people the opportunity to build a wealthier, more secure life for themselves and their family.” More →