Automation and AI are going to make many jobs redundant: Here’s how to stop a robot taking your job April 25, 2017 The power of technology to create upheaval in the global job market has never been felt more acutely. The accompanying anxiety that increasingly intelligent machines will eliminate jobs across practically every sector continues to fuel conversations among employees that the future is uncertain. The move towards smart cities and smart workforces is already in motion: [...]
Babylon Health raises £50m to perfect its AI doctor April 25, 2017 British tech firm Babylon Health has raised $60m (£46.82m) in its mission to create the perfect AI doctor. Its app, which is used by 800,000 people, allows patients to text symptoms to artificial intelligence software and receive advice. The technology is currently being trialled by the NHS in London as an alternative to the non-emergency [...]
London fintech startup investment is on the rebound in the first quarter of 2017 thanks to Funding Circle, Monzo and Currencycloud deals April 20, 2017 Investment into fintech startups in London is on the rebound, fresh figures seen exclusively by City A.M. suggest. Startups working in the hot tech space attracted £177m in funding in the first three months of the year, more than any quarter in 2016 and its highest since the second quarter of 2015. It comes after [...]
Just Fund: Just Eat reckons these five startups will be food tech’s next big thing | City A.M. April 13, 2017 Just Eat is giving back, it seems: the food delivery startup has chosen five food tech startups to get £20,000 and receive training and mentoring as part of its seed programme. Buzzer, which helps restaurants harness feedback, and Nourish’d, which allows companies to subside healthy meals for their staff, are two of the firms which [...]
What’s the biggest opportunity for UK fintech after Brexit? Here’s what those in the know say ahead of the Innovate Finance Global Summit April 10, 2017 Six experts give their opinion on what the biggest opportunity for UK fintech us after the vote to leave the EU. Mike Laven, CEO Currencycloud Continued international investment in UK businesses, such as ours, indicates faith that the UK continues to be the epicentre of fintech. Entrepreneurs are the masters of dealing with a changing [...]
Up to 30pc of jobs are at risk of being replaced by automation by 2030 – but it’s not all bad March 24, 2017 As many as a third of all jobs in the UK are at risk of being lost to machines within the next 15 years, fresh research reveals. However, it’s likely that technologies related to artificial intelligence will create new jobs, according to the research from PwC, and automation will boost productivity and wealth overall, offsetting [...]
Why banks should say thanks to fintech startups March 22, 2017 A perfect storm of financial crisis and technological advances paved the way for a flurry of fintech activity. The sector has seen growing investment and is maturing as traditional finance houses wake up to the challenge of digital rivals. Anna Scally, partner and head of KPMG’s fintech practice in Dublin, offers several explanations why the [...]
It looks like DeepMind’s founders Demis Hassabis and Mustafa Suleyman are paying it forward in European tech March 19, 2017 The founders of DeepMind appear to be paying it forward after finding huge success with their own startup which sold to Google for £400m. Demis Hassabis and Mustafa Suleyman are reportedly forming a network of "super angel" investors across Europe to invest in other startups at the early stage. Read more: Google's DeepMind talks with National Grid to [...]
The trends the world’s top firms are cheering March 15, 2017 Corporate fundamentals are now seen to be improving – in all regions and sectors. After three years of deteriorating sentiment, our annual Analyst Survey, encompassing the views of 146 equity and fixed-income analysts, has found there’s much more confidence among the world’s largest companies. Demand growth is back, and we find signs of reflation, rather [...]
The augmented workforce isn’t coming – it’s already here: Are you ready? March 15, 2017 Digital technology is moving at an unprecedented speed, raising some of the most difficult social, political and ethical questions of our time. Along with disrupting the way we live our lives, it’s fundamentally rewriting the rules of work. Deloitte’s human capital trends survey reveals that despite being the top priority for nine in 10 UK [...]