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AI is hitting UK harder than other big economies, study finds

The Guardian

British businesses reported an average 11.5% increase in productivity thanks to AI, the study found. British businesses reported an average 11.5% increase in productivity thanks to AI, the study found. The UK is losing more jobs than it is creating because of artificial intelligence and is being hit harder than rival large economies, new research suggests. British companies reported that AI had resulted in net job losses over the past 12 months, down 8% - the highest rate among other leading economies including the US, Japan, Germany and Australia, according to a study by the investment bank Morgan Stanley. The research, which was shared with Bloomberg, surveyed companies using AI for at least a year across five industries: consumer staples and retail, real estate, transport, healthcare equipment and cars.


More than a quarter of Britons say they fear losing jobs to AI in next five years

The Guardian

Increased use of AI and automation in businesses is increasingly replacing'low-complexity, transactional roles', the survey showed. Increased use of AI and automation in businesses is increasingly replacing'low-complexity, transactional roles', the survey showed. Survey reveals'mismatched AI expectations' between views of employers and staff over impact on careers More than a quarter (27%) of UK workers are worried their jobs could disappear in the next five years as a result of AI, according to a survey of thousands of employees. Two-thirds (66%) of UK employers reported having invested in AI in the past 12 months, according to the international recruitment company Randstad's annual review of the world of work, while more than half (56%) of workers said more companies were encouraging the use of AI tools in the workplace. This was leading to "mismatched AI expectations" between the views of employees and their employers over the impact of AI on jobs, according to Randstad's poll of 27,000 workers and 1,225 organisations across 35 countries.


Algorithmic tracking is 'damaging mental health' of UK workers

The Guardian

Monitoring of workers and setting performance targets through algorithms is damaging employees' mental health and needs to be controlled by new legislation, according to a group of MPs and peers. An "accountability for algorithms act'" would ensure that companies evaluate the effect of performance-driven regimes such as queue monitoring in supermarkets or deliveries-per-hour guidelines for delivery drivers, said the all-party parliamentary group (APPG) on the future of work. "Pervasive monitoring and target-setting technologies, in particular, are associated with pronounced negative impacts on mental and physical wellbeing as workers experience the extreme pressure of constant, real-time micro-management and automated assessment," said the APPG members in their report, the New Frontier: Artificial Intelligence at Work. The report recommends bringing in a new algorithms act, which it says would establish "a clear direction to ensure AI puts people first". It warns that "use of algorithmic surveillance, management and monitoring technologies that undertake new advisory functions, as well as traditional ones, has significantly increased during the pandemic".


British employees are sabotaging workplace robots over fears the machines will take their jobs

Daily Mail - Science & tech

UK workers are sabotaging and assaulting workplace robots in an attempt to stop them taking their jobs, finds study. But for some manual workers they have found their own ways of stopping the robots' rise to world domination - by confusing them. The study by De Montfort University in Leicester which looked into the use of robotics in healthcare concluded that UK workers are particularly apposed to the introduction of the intelligent machines into the work place. Compared to Norway where the study found co-working robots are often given affectionate names and welcomed. Jonathan Payne, Professor of Work, Employment and Skills, said: 'We heard stories of workers standing in the way of robots, and minor acts of sabotage - and not playing along with them.' Adding: 'The UK seems to have a problem with diffusion and take-up of technology.'


AI careers unappealing to UK workers

#artificialintelligence

Only 39% of people are interested in a career in AI with 59% of those aged under 45, according to research by the Department for Business, Energy & Industrial Strategy (BEIS) and Kantar Public. The report, which was released for London Tech Week this week, also found a gender divide over interest in AI jobs. Just 31% of women said they'd be interested compared to 47% of men. More than 60% of people were excited to see what AI can do, however, and awareness levels of AI in everyday life were found to be more than 60%. But there appeared to be low awareness around the impact of AI on work.


What is AI? Everything you need to know

#artificialintelligence

Far from being the stuff of science-fiction, artificial intelligence, or AI, is becoming an increasingly common sight in today's world. Combining the latest powerful software with top-of-the-range hardware, AI tools are being used to transform many areas of everyday life, from healthcare to traffic problems. But what is AI, and how is it being used today? Here is our guide to everything you need to know, and some of the most innovative and interesting use cases around today. For years, it was thought that computers would never be more powerful than the human brain, but as development has accelerated in modern times, this has proven to be not the case.


Over 60% of UK workers would delegate tiresome tasks to robots

#artificialintelligence

What the research seems to suggest, then, is that much of the work people most want to delegate to robots involved tasks that they both dislike and have to spend a significant amount of time doing. This is an issue which AI could prove a major boon to in terms of solving. According to a study by McKinsey & Company, less than 5% of jobs could actually be completely replaced by technology in the next 40 years, but over 60% of all work activities – including repetitive admin work – could be automated in that same period, freeing up staff to concentrate on more useful aspects of business. Potentially this could offer a major productivity boost, something the UK in particular is in dire need of amid sluggish economic growth in the lead up to Brexit.


Research Shows Training Key to Improving Employee Comfort with AI

#artificialintelligence

For as long as artificial intelligence and machine learning tools have been moving into the workforce, there have been rumblings of robots taking over the work of people, and the impact that could have on their career prospects. However, new studies undertaken by global professional services brand Genpact of 5,000 respondents in the United Kingdom, United States, and Australia, shows that the level of concern among the workers themselves is not very high. Roughly twenty percent of those surveyed in the UK felt that their jobs were threatened by AI, with only six percent feeling this strongly. But, although they did not feel overly cautious about their own prospects, they saw the potential disadvantages for the next generation of workers, with over fifty percent responding there was a threat to their children's careers, and over eighty percent stating that new skills will be needed for those workers in order to succeed in an AI advanced environment. The reason for this caution can be found in the training, or lack thereof, in the use of AI.


Robots, AI may replace 30% of UK workers: report

#artificialintelligence

More than 10 million workers in the UK are at high risk of losing their jobs to robots and artificial intelligence (AI) systems over the next 15 years, according to a new report released today. However, new AI-related technologies will also boost productivity and generate additional jobs elsewhere in the economy, the report found. The study by accountancy firm PwC estimates that the UK has a lower proportion of existing jobs at potential high risk of automation than the US (38 percent) and Germany (35 percent), but more than Japan (21 percent). The analysis found that the likely impact of automation varies significantly across industry sectors. The highest proportion of jobs facing potential high risks of automation among the larger sectors include transportation and storage (56 percent), manufacturing (46 percent) and wholesale and retail trade (44 percent).


Millions of UK workers at risk of being replaced by robots, study says

#artificialintelligence

More than 10 million UK workers are at high risk of being replaced by robots within 15 years as the automation of routine tasks gathers pace in a new machine age. A report by the consultancy firm PwC found that 30% of jobs in Britain were potentially under threat from breakthroughs in artificial intelligence (AI). In some sectors half the jobs could go. The report predicted that automation would boost productivity and create fresh job opportunities, but it said action was needed to prevent the widening of inequality that would result from robots increasingly being used for low-skill tasks. PwC said 2.25 million jobs were at high risk in wholesale and retailing – the sector that employs most people in the UK – and 1.2 million were under threat in manufacturing, 1.1 million in administrative and support services and 950,000 in transport and storage.