June 28, 2024
Search Results for: future of work
After soon-to-be 25 years of serving as Chief Executive for the British Council for Offices, Richard Kauntze will be stepping down in summer 2025. His successor will be appointed by the 
June 25, 2024
Are these the top ten emerging technologies for 2024?
The World Economic Forum has published its annual Top 10 Emerging Technologies Report featuring technologies with the greatest potential to make a positive impact in the world in the next three to five years. Among the technologies mentioned in the report are AI (obv), immersive building tech, intelligent materials and microbes that can sequester carbon. (more…)
June 25, 2024
Office market upheaval means uncertain times for landlords
The UK office market is facing a period of significant upheaval, according to a new survey commissioned by workspace provider infinitSpace. The research paints what it says is a concerning picture for landlords, with a sizeable portion battling financial strain and even potential closure. Over 14 percent of the 250 surveyed landlords fear their office buildings could shut down within the next five years due to affordability concerns. (more…)
June 21, 2024
Europe lacks skills in key technologies such as AI, quantum and space
Critical gaps have formed across Europe’s technology sector, with skills, investment and innovation being stunted in vital areas such as AI, quantum computing and space technology, according to a report from DIGITALEUROPE. The study titled ‘The EU’s Critical Gap: Rethinking Economic Security to Put Europe Back on the Map,’ claims that Europe is significantly lagging in key technologies. Among 8 technologies that were analysed, Europe was shown to be lagging behind in 7, only leading in advanced connectivity, with major investments and profits in this sector are being led primarily by the US. (more…)
June 19, 2024
Two in five people say they aren’t paid enough to make ends meet
A new report from Indeed, released two weeks ahead of the UK General Election, suggests that more than 2 in 5 (42 percent) Brits are struggling to make ends meet. According to the survey of over 2,000 British people, those in the North East of England feel most comfortable, with less than a third (32 percent) struggling, while almost half (48 percent) of those in Scotland say their pay isn’t keeping pace. (more…)
June 18, 2024
UK continues to trail behind in business investment. Incoming government won’t solve that
A new report from the Institute for Public Policy Research (IPPR) says that the UK holds the lowest investment rates among G7 nations. The data indicates that for the third consecutive year, business investment in the UK has lagged behind its G7 counterparts. The nation also ranks 28th out of 31 OECD countries, trailing behind economies such as Slovenia, Latvia, and Hungary. (more…)
June 7, 2024
The fastest growing job occupation in the US isn’t what you think it is
The rise of artificial intelligence and its impact on the job market has raised concerns around the world, with some predicting that up to 85 million jobs would be replaced with automation and AI. However, a new report argues that AI cannot replace every job occupation, and the latest data from the US labour market proves it. According to data presented by Stocklytics.com, home health and personal care aides are expected to be the fastest-growing occupation in the United States in the near future, with more than 800,00 new jobs by 2032. (more…)
June 5, 2024
GenAI is already driving down demand for freelancers
The demand for freelancers working in writing, and coding related jobs has dropped by 21 percent since the launch of ChatGPT in November 2022, according to new research by Imperial College Business School, Harvard Business School and the German Institute for Economic Research. This research paper, Who is AI Replacing? The Impact of Generative AI on Online Freelancing Platforms, looks at the impact of GenAI technologies on the demand for creative professionals who work on an hourly basis for different clients. (more…)
May 29, 2024
MIT professor pours cold water on the prevailing hype about AI and the economy
A study by MIT economist Daron Acemoglu appears to challenge the prevailing optimism surrounding artificial intelligence (AI) and its economic impact. While many experts predict a future fuelled by AI-driven productivity booms and reduced inequality, Acemoglu’s research paints a more cautious picture. His findings suggest that AI’s impact on productivity and inequality may be far less dramatic than anticipated, and could even exacerbate the gap between the rich and the poor. (more…)
May 28, 2024
Electric arc furnaces could turn old concrete into zero-carbon cement
Concrete and steel production are major contributors to global CO2 emissions, but a new technology from Cambridge University offers a promising solution: recycling both materials simultaneously. This innovative process involves using old concrete in steel-processing furnaces to not only purify iron but also generate “reactivated cement” as a by-product. When powered by renewable energy sources, this method has the potential to produce entirely carbon-neutral cement, according to the research published in the journal Nature.
May 28, 2024
‘The Big Stay’ – it’s time to invest in employees, not to cut costs
The Great Resignation is over. That’s according to the latest Labour Market Outlook report from the CIPD, as reported by Workplace Insight. But we could have told you this was simply a post-Covid correction in any case. Data from the report shows 55 percent of employers are looking to maintain their current headcount, while analysis of turnover from the ONS Labour Force Survey points to lower staff attrition in 2024. Declining staff turnover is being dubbed The Big Stay. (more…)
June 3, 2024
Forget Cannes. Commercial property sector hits the North to great effect
by Helen Parton • Cities, Comment, Property, Public Sector