Search Results for: finance

Shortage of high-quality data threatens the AI ‘boom’

Shortage of high-quality data threatens the AI ‘boom’

A number of fundamental issues, including a shortage of high-quality data with which to ‘train’ the technology is threaten the AI ‘boom’, according to a new white paper from the Open Data InstituteA number of fundamental issues, including a shortage of high-quality data with which to ‘train’ the technology is threatening the AI ‘boom’, according to a new white paper from the Open Data Institute. The paper Building a better future with data and AI is based on research carried out by the Institute in the first half of 2024. It claims to identify significant weaknesses in the UK’s technological infrastructure that threaten the predicted potential gains – for people, society, and the economy – from the surge of interest in artificial intelligence and its applications. It also outlines the ODI’s recommendations for creating diverse, fair data-centric AI. (more…)

Getting the long term unemployed back into work will transform the economy, says Government adviser

Getting the long term unemployed back into work will transform the economy, says Government adviser

He argues that this approach is essential to address the unsustainable welfare costs associated with the long term unemployed and to mitigate the "toxic" reliance on immigrationThe rising costs of welfare and the country’s increasing dependency on immigration have become significant concerns, prompting a call for reform from a prominent government health adviser. Alan Milburn, a former health secretary, has emphasised the need for individuals with long-term illnesses and others stuck in a cycle of long term unemployment to actively seek employment. He argues that this approach is essential to address the unsustainable welfare costs associated with the long term unemployed and to mitigate the “toxic” reliance on immigration for the workforce. (more…)

HLW announces London leadership changes

HLW announces London leadership changes

Global architecture and design firm HLW has announced changes to its London Management Team to support growth across the UK and Europe. These leadership changes come off the back of significant new business wins and reflect the firm’s ambitious plans. (more…)

Creative ways to save money for your startup

Creative ways to save money for your startup

Starting a startup is exciting, but the hard reality of limited finances may rapidly dampen the excitement

Starting a startup is exciting, but the hard reality of limited finances may rapidly dampen the excitement. Being a founding member means that you are familiar with the difficult chore of running every penny to meet your needs.  However, suppose you could think creatively, that is, outside the box, and find unusual approaches to cutting costs without compromising development or quality. Bootstrapping genius is not only a requirement in today’s fast-paced startup scene, but also a mark of honour. (more…)

People are pushing back against so-called return to office mandates

People are pushing back against so-called return to office mandates

A poll by Skillshub suggests there is a potential clash between firms issuing so-called return to office mandates and people unwilling to give up the flexibility and wellbeing benefits they say they have gained through remote and hybrid workA poll by Skillshub suggests there is a potential clash between firms issuing so-called return to office mandates and people unwilling to give up the flexibility and wellbeing benefits they say they have gained through remote and hybrid work. The survey claims that a significant proportion of UK employees (nearly half – 42.6 percent) are prepared to consider quitting their jobs if forced back to full-time office work. This sentiment extends even to hybrid models with a majority office presence (3+ days a week) – almost a fifth (18 percent) would consider leaving, with a significant number (10.1 percent) strongly considering it. (more…)

Rigid return to office mandates and fixed places of work are backfiring

Rigid return to office mandates and fixed places of work are backfiring

A new study by Great Place To Work claims that forcing employees back to the office with so-called return-to-office mandates can have negative consequencesA new study by Great Place To Work claims that obliging employees back to the office with so-called return-to-office mandates and restricting their choice of work location can have negative consequences for the business. The report based on a survey of 4,400 US workers, claims to reveal a strong correlation between work location flexibility and positive employee experiences. Compared to those without a choice, employees with control over their work environment are three times more likely to want to stay with their company, and significantly less likely to become disengaged – a trend that has been referred to as “quiet quitting.” They’re also more likely to put in extra effort, foster good relationships with their managers, and feel their workplace fosters a healthy psychological and emotional environment. (more…)

Some questions about AI, a world drowning in content and the human centipede of creativity

Some questions about AI, a world drowning in content and the human centipede of creativity

 

We still don't even know what questions to ask about AI, so the idea we can provide answers is a bit premature

One unintended but welcome result of the new fixation with AI is that many of the people who became experts on the workplace in 2020 are now experts on AI. You’ll find them on social media and they’ll have written a book about it by May to sit on the shelf alongside the one about hybrid working and The Great Resignation. So, if you want some certainty about where generative AI taking us, go talk to one of them because people who know about the subject seem to have little or no idea or raise even more questions. (more…)

UK economy could get a £550 billion boost from AI by 2035, Microsoft claims

UK economy could get a £550 billion boost from AI by 2035, Microsoft claims

A new report commissioned by Microsoft suggests that the UK economy could see a significant boost of £550 billion by 2035 if the country embraces artificial intelligence (AI) and cloud technologyA new report commissioned by Microsoft suggests that the UK economy could see a significant boost of £550 billion by 2035 if the country embraces artificial intelligence (AI) and cloud technology. The report, titled Unlocking the UK’s AI Potential, claims to highlight several ways the technology can benefit the UK economy. These include increased productivity, improved public services, and the creation of new jobs. (more…)

Seven industry associations join forces to develop  real estate carbon pricing strategy

Seven industry associations join forces to develop real estate carbon pricing strategy

Seven real estate industry associations have announced a new taskforce to develop a comprehensive carbon pricing strategy for the sectorSeven real estate industry associations have announced a new taskforce to develop a comprehensive carbon pricing strategy for the sector that takes a value chain perspective and enables pricing to be incorporated into investment decision making and accelerate its adoption. (more…)

Commercial real estate lending hits ten year low

Commercial real estate lending hits ten year low

New lending for commercial real estate fell 33 per cent last year to its lowest level since 2013, according to the latest bi-annual report from Bayes Business School, (formerly Cass). Researched and written by Dr Nicole Lux, Senior Research Fellow at Bayes Business School, City, University of London, the report also shows that a significant portion (42 per cent) of the £170 billion of loans outstanding will have to be refinanced within 12 months. Dr Lux expects that will cause ongoing stress in the market. (more…)

Green Building Council says Scotland has abandoned its role as a leader on climate

Green Building Council says Scotland has abandoned its role as a leader on climate

The UK Green Building Council – which represents some of the UK’s biggest names in the built environment, including housebuilders, banks, social housing providers, local councils, developers, estates and engineering companies and universities – responds to the Scottish Government’s decision to scrap its 2030 climate target. (more…)

Microsoft is world’s most valuable B2B brand, NVIDIA the fastest growing

Microsoft is world’s most valuable B2B brand, NVIDIA the fastest growing

Microsoft tops 2024 B2B Brand Valuations, NVIDIA is world’s fastest-growing B2B brand Microsoft remains the world’s most valuable B2B brand, achieving a substantial 60 percent increase in B2B brand value to USD220.4 billion, according to the latest report by Brand Finance, the world’s leading brand valuation consultancy. The B2B brand value of Microsoft accounts for the majority of Microsoft’s total brand value of USD340.4 billion, which includes both B2B and B2C components. (more…)