Many larger businesses are struggling to implement digital transformation in spite of the dangers to their long term survival, a new joint report from CBI and Oracle claims. According to Bigger, Faster, Stronger, the improved adoption of technology could unlock productivity and wage growth. Research shows that more adoption, coupled with better management practices, could add £100 billion to the UK economy and cut income inequality by 5 per cent. However, only 54 per cent of UK companies believe disruptive technologies play an important role in their organisation, much lower than in countries such as France, Germany, India and Russia. (more…)

AI and its transformational effect on the global business landscape was the dominant theme on day one of the UK Asia Tech Powerhouse Conference. Transforming urban mobility thanks to rapidly growing cities, and how Asian cities are leading the march towards a digital future also featured in the first of the two-day event, with influencers from across trade, investment and technology, including Singaporean entrepreneur Annabelle Kwok and Mark Purdy, Accenture’s Group Chief Economist and Managing Director at Accenture Research. (more…)

Modern working culture makes it impossible for employees to always make the right decision about what to do with emails, claims a new report from cybersecurity company Tessian and the University of Central Lancashire. The report Why Do People Make Mistakes? presents findings from a new survey of 1,000 UK employees, who were asked about their working environment and practices. Additionally, the report includes insights from cyber-psychologists Dr Helen Jones, University of Central Lancashire and Professor John Towse, Lancaster University, which further explains how certain factors in the workplace can cause people to make poor decisions. (more…)

A new study suggests that more than 7 in 10 Britons working in production are concerned that their jobs may be made obsolete thanks to developments in Artificial Intelligence in the coming years. What’s more, over two fifths of respondents believe AI could rebel against humans. As technology develops and more money and time is invested into AI, the public’s opinion has been explored, with those working in production, HR and construction uncovered to be the most worried that AI could take their jobs away from them. (more…)

A survey conducted in the United States, Canada, Japan, Australia, France and the United Kingdom by IPSOS Mori on behalf of the Internet Society and Consumers International found that around two thirds (65 percent) of people are concerned with the way connected devices collect data. More than half (55 percent) do not trust their connected devices to protect their privacy and a similar proportion (53 percent) do not trust connected devices to handle their information responsibly.

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