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 [...]
Blackberry buys artificial intelligence firm Cylance for $1.4bn November 16, 2018 Blackberry has today confirmed it is acquiring Cylance, a US artificial intelligence and cyber security firm, for $1.4bn (£1.1bn). The deal is expected to close before the end of Blackberry's current financial year in February 2019, pending regulatory approval. It is thought Cylance will work as part of Blackberry's Enterprise of Things (EoT) division, Blackberry Spark, [...]
Ford opens itself up to investors on driverless car tech November 15, 2018 The chief executive of Ford Motors has said the company is open to discussions with rival firms and investors on funding its self-driving technology unit, but played down ongoing talks with Volkswagen about a potential deal. Ford and Volkswagen have previously acknowledged that they are in talks on a partnership, however Ford boss Jim Hackett said today [...]
London leads the way as an artificial intelligence tech talent hub November 15, 2018 Investment in London’s artificial intelligence (AI) sector from venture capital firms skyrocketed more than 200 per cent between 2015 and 2017, with funding for the capital’s startups so far this year already surpassing last year’s numbers. New figures released today by Pitchbook revealed the fast growth of London’s AI scene, which is home to more [...]
The tech revolution could be a catastrophic setback for civilisation November 8, 2018 Social earthquakes are looming fast from the emerging wave of automation and the tech revolution. We’ve all seen the headlines about artificial intelligence (AI), the rise of the robots, self-driving cars, and leaps forward in machine learning. But does society realise what is coming? Will it prepare itself? Can the scale and speed of change [...]