AI could be the answer to the four-day week December 4, 2018 Britons are under more pressure at work now than at any other time in the past 25 years. Leaders from the TUC to the shadow chancellor are calling on a four-day working week as the answer. While some businesses have welcomed the idea with open arms, many are still fearful of the impact of reduced [...]
AI means more jobs, not less November 30, 2018 The future of work is at the heart of every major socio-economic-political debate. In fact, reports from the Organisation for Economic Cooperation and Development (OECD) suggest that robots are set to replace 66m jobs in the coming years. All these discussions are rooted in the topic of the nature and distribution of work. Many are excited and [...]
Qualcomm unveils $100m AI startup fund as tech companies race to invest in sector November 29, 2018 US telecoms firm Qualcomm has launched a $100m (£78.3m) fund to invest in AI startups in a bid to promote new technology for self-driving cars and robots. The Qualcomm Ventures AI Fund will focus on firms that are developing “on-device AI”, as the telecoms company looks to spread the use of the new technology on [...]
Wake up to AI Cyber Defence November 29, 2018 From self-adjusting thermostats and email spam filters, to Netflix’s recommendation algorithms and Alexa virtual assistants, AI (artificial intelligence) is fast emerging out of its infancy, and the only way is up. Due to a recent wave of tech innovations, our day-to-day lives are now looking to be enhanced even further by AI. A typical automated [...]
Could you be offered your next job by a robot? November 29, 2018 There has been much talk about machines taking jobs, yet research shows that most employers expect overall headcount to increase as a result of automation. Across multiple sectors, Artificial Intelligence (AI) is helping organisations to eliminate low-level, repetitive tasks, freeing up humans’ time to focus on delivering more strategic, premium services. The recruitment industry is [...]
Former Google chief Eric Schmidt: AI could fix the world’s productivity problem November 28, 2018 Eric Schmidt, the former chief executive and chairman of Google, has come out with a message of confidence for the future of tech in the workplace, predicting AI could provide productivity with a much-needed boost. "I can tell you that [in] the future is there’s going to be a much larger number of empty jobs, [...]
Inescapable investment truths for the decade ahead November 27, 2018 It seems clear to us that the world investors have got used to over the last few years is very different to the one we need to get accustomed to in the years to come. We have identified a number of economic forces and disruptive forces we think will shape the investment landscape ahead of [...]
Lexus and IBM debut the world’s first TV advert entirely scripted by artificial intelligence November 19, 2018 Luxury carmaker Lexus has teamed up with IBM's Watson and several London agencies to make the world's first car advertisement entirely scripted by artificial intelligence. Directed by Oscar-winning filmmaker Kevin Macdonald, who is known for films such as The Last King of Scotland and this year's Whitney Houston biopic, the advert was created to showcase Lexus' [...]
City Moves for 19 November – who’s switching jobs at Cushman & Wakefield, AEG Europe and Diffblue? November 19, 2018 Cushman & Wakefield Cushman & Wakefield has appointed Richard Evans to head its logistics and industrial team in the UK. Richard, who will start work at Cushman & Wakefield next spring, joins from JLL where he was lead director of its UK logistics group. He has spent 16 years at JLL advising investor, developer and [...]
Water giant United Utilities forecasted to hit higher profits November 18, 2018 United Utilities, the UK’s largest listed water firm, is forecasted to post a rise in earnings and profits when it reveals its first-half results later this week. According to City estimates the FTSE 100 group is set to report earnings before interest and tax (EBIT) of £360m in the first six months of the financial [...]