May 17, 2024
Third of businesses investing in GenAI, but employees increasingly concerned about redundancy
Over a third of UK employers are bullish about AI investment despite serious workforce uncertainty. New research shows that 35.3 percent of employers are actively investing in GenAI while 40.4 percent plan to increase their use of the technology, to support the workplace, according to a new poll from SD Worx. The findings suggest there is a surprisingly buoyant business outlook for AI adoption at a time when the UK government begins to craft new legislation to regulate AI. The move on regulation comes as the competition watchdog expresses increased concerns about the industry. However, despite businesses betting big on AI investment, similar enthusiasm isn’t shared by employees, with 30 percent of UK workers fearing their roles will be made redundant as a result of GenAi. More →
May 15, 2024
Mastering GenAI: how to bridge skills gaps and boost employee confidence
by Bill O'Shea • Comment, Workplace
Six in ten employees will require training before 2027 according to the World Economic Forum, which estimates that the talent shortage will exceed 85 million people by 2030. The introduction of GenAI in the workplace means this skills gap is set to expand. In Udemy’s recent Global Learning & Skills Trends Report, we found that there are three key learning and skills trends for 2024. Firstly, we are seeing that companies are increasingly looking to hire based on skills rather than formal qualifications like degrees, as these hires more closely align with long-term strategic goals and are better equipped to upskill existing teams. More →