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AI is giving business leaders the heebie-jeebies, new poll suggests

AI is giving business leaders the heebie-jeebies, new poll suggests

by • News

An overwhelming majority of business leaders (94 percent) admit to some form of 'tech anxiety' when it comes to AI, according to a new surveyAn overwhelming majority of business leaders (94 percent) admit to some form of ‘tech anxiety’ when it comes to AI and other technology, according to a new survey from Kin + Carta. This anxiety is on the rise as the pace of digital and technological change accelerates, and is prompting top executives to invest more in digital transformation, according to the survey. The report defines tech anxiety as the feeling senior leaders have as a result of the rapid pace of advancements in technology that are causing concern when it comes to how their business operates. While the top source of that anxiety is cyber security (cited by 24 percent of respondents), close behind, and rounding out the top three, are concerns over AI and machine learning (19 percent), and anxieties about sustainability strategy and tracking (17 percent). More →

Firms look to consolidate office space in response to persistence of hybrid working

Firms look to consolidate office space in response to persistence of hybrid working

by • Flexible working, News, Property

Many firms are taking the opportunity to consolidate office space presented to them by the persistence of hybrid workingWorkers able to work remotely are still only coming into an office for an average of 1.75 days a week, a study of 119 workplaces in 22 countries by workplace consultancy AWA claims. The responses, collated in April-May 2023 and representing organisations employing close to 155,000 people, saw a slight increase on AWA’s study a year ago, indicating that office attendance has reached a more or less steady state and that hybrid working is still a favoured solution. More →

People and firms often have very different views on the value of meaningful work

People and firms often have very different views on the value of meaningful work

by • Flexible working, News, Technology, Wellbeing

new study from IBM claims that while employees rank meaningful work as something they care about deeply, executives say it’s the least important factor to their teamsA new study from IBM claims that while employees rank meaningful work as something they care about deeply, executives say it’s the least important factor to their teams. The study, Augmented work for an automated, AI-driven world surveyed 3,000 global C-Suite executives across 20 industries and 28 countries. It also suggests that executives in the UK estimate that 41 percent of their workforce will need to reskill as a result of implementing AI and automation over the next three years. More →

JLL claims it has unveiled the first GPT model for commercial real estate

JLL claims it has unveiled the first GPT model for commercial real estate

by • Company news, Facilities management, Technology

JLL offices London

JLL has announced the launch of JLL GPT, which it claims is the first large language model purpose-built for the commercial real estate sector. Developed by JLL Technologies, the firm claims the bespoke generative artificial intelligence (AI) model will be used by its 100,000 plus workforce around the world to provide CRE insights to clients in what it believes will be a whole new way. JLL’s extensive in-house data will be supplemented with external CRE sources, and the company plans to offer made-to-order solutions to clients later this year. More →

Two thirds of bosses think people should ask permission before using AI at work

Two thirds of bosses think people should ask permission before using AI at work

by • News, Technology

68 percent of business leaders think it’s unethical for employees to use AI at work without the permission of a managerA new survey commissioned by Tech.co claims that 68 percent of business leaders think it’s unethical for employees to use AI at work without the permission of a manager. The firms believes that the  rise of generative AI tools has emphasised the need for complex ethical AI frameworks to govern its application in the workplace. Without these ethical frameworks, the technology risks threatening human roles and intellectual property in morally dubious and potentially harmful ways. More →

CIPD says HR professionals should ‘lean in’ to artificial intelligence

CIPD says HR professionals should ‘lean in’ to artificial intelligence

by • News, Technology, Workplace

HR and artificial intelligenceThe swift rise of generative artificial intelligence and its potential impact in the workplace puts people professionals at the heart of understanding how this fast-evolving technology can be responsibly used, and the business impact it may have, according to the CIPD.  To support this change, the trade body has launched a new guide, Preparing your Organisation for AI Use, which stresses the importance of people professionals creating clear policies on the use of easily accessible, web-based generative AI tools such as ChatGPT and Google Bard.  More →

Business leader express concerns about ethics and implementation of artificial intelligence

Business leader express concerns about ethics and implementation of artificial intelligence

by • News, Technology

A report claims that the majority of business leaders still grappling with the skills and ethics needed to implement artificial intelligenceA new survey of 1,000 global business leaders claims that although leaders say they understand how valuable artificial intelligence can be to their business, over two-thirds (69 percent) say their organisation lacks the skills to fully implement artificial intelligence (AI) and machine learning (ML). The report – AI IQ: Insights on Artificial Intelligence in the Enterprise [registration] – also suggests that the majority of business leaders believe humans should be involved in AI decision-making, citing ethical and data concerns. More →

A balanced approach: making hybrid working work, and accepting it isn’t optional

A balanced approach: making hybrid working work, and accepting it isn’t optional

by • Comment, Flexible working

For most, there needs to be an acceptance that hybrid working is a long-term project – even if there is some short-term painHybrid working is back in the headlines – not that it ever really left. A recent report from the Centre for Cities warns hybrid working will result in an “unintended economic impact” and is calling on national government and the mayor of London to do more to remove barriers to getting people back into the office. It suggests a freeze on commuting costs and calls for better collaboration between the private and public sectors to make working in cities more appealing. More →

Four in ten workers do not feel secure in their jobs

Four in ten workers do not feel secure in their jobs

by • News, Workplace

Companies are in danger of losing top talent due to lack of flexible workingAlmost four in 10 workers (38 percent) do not feel secure in their jobs, as lay-offs across industries continue to bite, claimsthe ADP Research Institute’s People at Work 2023: A Global Workforce View. Feelings of job insecurity are highest among the young. According to the survey of over 32,000 workers in 17 countries, half (50 percent) of Gen Z (those in the 18–24-year-old age bracket) say they don’t feel secure in their job. This is double the proportion of over 55s who say the same (24 percent). More →

Businesses need three years to prepare for impact of AI

Businesses need three years to prepare for impact of AI

by • News, Technology, Workplace

A new survey of 600 UK human resources (HR) managers and directors suggests they will need three years to be ready for the impact of AI on the workplaceA new survey of 600 UK human resources (HR) managers and directors suggests they will need three years to be ready for the impact of AI on the workplace – yet 99 percent believe artificial intelligence (AI) will deliver benefits. Almost 40 percent said it would take a minimum of three years before they were prepared for the impact of AI on their roles, and fewer than one in six (15 percent) said they would be fully prepared for the potential impact of AI on the workforce within the year. To integrate AI, nearly 40 percent were investing in their tech teams, while 35.5 percent were already trialling AI in their businesses. More →

Younger workers are the least likely to favour hybrid working

Younger workers are the least likely to favour hybrid working

by • Flexible working, News, Wellbeing

The appeal of hybrid working is linked to the life and career stage of employeesNew research has revealed the nuances in attitudes towards hybrid working and work-life balance in the UK and US. Perhaps unsurprisingly, the appeal of hybrid work is linked to the life and career stage of employees. The poll from United Culture suggests that work-life balance is the factor most valued by employees at work (58 percent), but is much more appealing to women than men (66 percent vs. 52 percent). Flexibility came in second place, chosen by 47 percent. More →

Artificial intelligence will boost short term headcount, claim half of employers

Artificial intelligence will boost short term headcount, claim half of employers

by • News, Technology, Workplace

More than half (54 percent) of Britain’s employers expect Artificial Intelligence (AI) technologies will have a positive impact on their staff headcount over the next two yearsMore than half (54 percent) of Britain’s employers expect Artificial Intelligence (AI) technologies will have a positive impact on their staff headcount over the next two years, according to a survey by Experis, a part of ManpowerGroup.  The survey of 2,000+ British employers also suggests that more than two thirds (69 percent) of businesses expect AI tools and technologies – including ChatGPT, Machine Learning and Virtual Reality – to have a positive impact on upskilling and reskilling, as well as on employee training (68 percent). 67 percent of British organisations anticipate a positive impact on employee engagement because of AI technology, and 60 percent think it can positively impact the onboarding process too. More →

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