Search Results for: investments

Half of bosses now live in fear that AI could steal their jobs

Half of bosses now live in fear that AI could steal their jobs

by • AI, News, Technology

Hundreds of UK chief executives believe that artificial intelligence (AI) could steal their job, underlining widespread fears over the technology’s potential to shake up traditional working modelsHundreds of UK chief executives believe that artificial intelligence (AI) could steal their job, underlining widespread fears over the technology’s potential to shake up traditional working models. Nearly half (43 percent) of CEOs said they felt that their job could be at risk due to the technology, according to a new poll from AND Digital. The survey has been published in The CEO Digital Divide: are you accelerating enterprise value or slowing it down [registration], which surveyed 600 global CEOs and was conducted by independent research company Censuswide. (more…)

London Mayor sets out ambitious plans for Capital’s growth and reinvention

London Mayor sets out ambitious plans for Capital’s growth and reinvention

by • Cities, News, Property

Sadiq Khan, the Mayor of London, is today launching an ambitious plan aimed at creating 150,000 high-quality, well-paid jobs by 2028. This initiative will be unveiled alongside the shadow chancellor, Rachel Reeves. Reeves will say that a Labour administration intends to reset the relationship between the national government and London, while Khan thinks what is good for London is good for the UK. (more…)

Potential of AI is putting a smile on the faces of optimistic CEOs

Potential of AI is putting a smile on the faces of optimistic CEOs

by • AI, Business, News, Technology

CEOs are embracing artificial intelligence (AI) and investing in reskilling their people to ensure they have the capabilities to successfully exploit new technologies. The CEOs of the world’s largest companies are increasingly optimistic about future growth, with 66 percent highly positive about the global outlook over the next three to five years. This is the headline finding of the second annual Arthur D. Little (ADL) CEO Insights Study, which was launched today. The study found that whatever their strategy or sector, global CEOs are increasing their growth investments. Artificial intelligence (AI) is seen as crucial to growth, with 96 percent of CEOs having already deployed AI in some form, although, demonstrating the early stages of its adoption, just 13 percent have a compelling, enterprise-wide AI strategy in place. (more…)

UK and other countries sign international pledge to cut carbon emissions from buildings

UK and other countries sign international pledge to cut carbon emissions from buildings

by • Environment, News

This declaration aims to facilitate a swift, equitable, and effective transition within the sector to lower carbon emissions from buildings.The inaugural Buildings and Climate Global Forum, organised by the French Government and the UN Environment Programme (UNEP) concluded last week.  Representatives from 70 countries adopted the Declaration de Chaillot, a foundational document for international cooperation. This declaration aims to facilitate a swift, equitable, and effective transition within the sector to lower carbon emissions from buildings. (more…)

Business leaders struggling to navigate rapid change, report claims

Business leaders struggling to navigate rapid change, report claims

by • News, Technology, Wellbeing

Amidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challengesAmidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challenges – and it’s taking a toll on executive tenure. According to a new survey conducted by LHH, a talent advisory and solutions company, executives across various industries and countries are grappling with formidable challenges, with technological advancements taking centre stage in their concerns. The survey, titled View from the C-Suite: Bridging the executive gap, reveals some of the key insights and recommendations for senior executives as they begin 2024. (more…)

Changing shape of workplace is creating new opportunities for property market

Changing shape of workplace is creating new opportunities for property market

by • Facilities management, News, Property, Workplace design

A new report claims that changing approaches to the workplace will create new opportunities for the quickest and smartest to adaptAfter a challenging environment for commercial real estate in 2023, its fallout provides investors, developers and corporate occupiers with significant opportunities for value creation and transformational organisational change in 2024, says leading property management and investment firm, Colliers (EMEA) in its new market commentary: ‘Engage, activate and accelerate performance: next generation real estate strategies’ [registration]. The report claims that new approaches to the workplace will create new opportunities for the quickest and smartest to adapt. (more…)

Firms want to embrace AI, but bewildered by range of options

Firms want to embrace AI, but bewildered by range of options

by • AI, News, Technology

The vast majority of Chief Information Officers plan to increase AI tool spending in 2024, but say their teams are overwhelmed by the number of apps on the marketThe vast majority of Chief Information Officers plan to increase AI tool spending in 2024, but say their teams are overwhelmed by the number of apps on the market. As a result, 77 percent are concerned about application sprawl adding to their complexity and security risks. That is according to a new report from Canva which includes insights from more than 1,360 CIOs on their priorities, opportunities and the challenges of managing their IT amid the AI boom. The company commissioned Harris Poll to survey CIOs from the UK, US, France, Germany, Spain, Brazil, Mexico, India, and Australia to understand how they’re managing application sprawl and making decisions about workplace tools in the AI era. (more…)

Lab rats – how the UK life sciences sector is struggling to find space to work

Lab rats – how the UK life sciences sector is struggling to find space to work

by • Features, Premium Content, Property

The UK wants to build on its already successful position as a globally important player in the life sciences and pharma sectors. Yet it is struggling to create enough space for growth in the right places and having to rethink wher research and innovation takes place In November 2023, plans to turn part of a golf course next to a motorway into a £340 million science park were refused by South Oxfordshire District Council. Although now classified as greenbelt, the location was the site of a landfill as recently as the 1990s and is just a stone’s throw from both the A40 trunk road and M40 motorway. The developers are expected to appeal. Whatever the details of this story, it is an example of how challenging it can be to meet demand for lab and life sciences space in the so-called Golden Triangle of London, Oxford and Cambridge in the South of England. This lack of supply is acting as a brake on the UK Government’s dream of making the country a “science superpower”. (more…)

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

by • AI, Business, News, Technology

A quarter of CEOs intend to cut their headcounts by at least five percent "due to generative AIThe proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled. At the same time, the proportion of CEOs concerned about their long-term business viability has risen to 45 percent as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey. However the survey, published to coincide with the annual World Economic Forum jamboree in Davos, also reports that artificial intelligence will result in dramatic job losses in 2024 and beyond. A quarter intend to cut their headcounts by at least five percent “due to generative AI. (more…)

It will take more than government funding for the world to reach net zero

It will take more than government funding for the world to reach net zero

by • Environment, News

The world needs up to $3.5 trillion of additional investments each year to reach net-zero and restore natureClimate finance was central to discussions at COP28 in Dubai and funding to reach net zero and restore biodiversity is still falling short. A new report from the World Economic Forum highlights the priorities for action and sets out how partnerships between organisations from the philanthropic, private and public sectors can create what it refers to as a positive domino effect, cut emissions at speed. (more…)

People are more likely to accept advice from an AI animal, if the idea fits the species

People are more likely to accept advice from an AI animal, if the idea fits the species

by • AI, News, Technology

People are more accepting of advice from an AI in animal form if the idea seems to them to fit the speciesPeople are more accepting of advice from an AI in animal form if the idea seems to them to fit the species, such as running advice from a whippet, according to new research from UCD Michael Smurfit Graduate Business School (UCD Smurfit School), HEC Montréal, and Nottingham University Business School China (NUBS China). Consumers are then more likely to engage with the animal AI than humanoid AI if the activity, experience, or product is designed to be fun. The findings were first published in the journal Psychology & Marketing. (more…)

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

by • Environment, News

To facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectorsTo facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectors, according to a new World Economic Forum report. The Net-Zero Industry Tracker 2023, published in collaboration with Accenture, takes stock of progress towards net-zero emissions for eight industries – steel, cement, aluminium, ammonia, excluding other chemicals, oil and gas, aviation, shipping and trucking – which depend on fossil fuels for 90 percent of their energy demand and pose some of the most technological and capital-intensive decarbonization challenges. (more…)

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