IFOW: AI can have a positive impact on jobs

In a world where sensational headlines about AI and autonomous robots dominate the media landscape, a new report sheds light on a different narrative.

The research, funded by the Nuffield Foundation, explores the nuanced impacts of AI adoption on jobs and work quality. Contrary to the doomsday predictions, the report suggests that AI could have a positive influence on employment and job quality.

The study, conducted by the Institute for the Future of Work (IFOW),...

20 September 2023 | Artificial Intelligence

Demand for AI expertise surges by 1,000%

Fiverr has released its seventh Business Trends Index, revealing a surge in demand for AI expertise.

The ongoing skills shortage is making it difficult for businesses to attract, and retain, tech industry talent. AI expertise is particularly in-demand.

Among the sectors that have seen the biggest increase on Fiverr’s platform include ‘Accounting and Finance’ services, which has seen an 835 percent increase over the past six months—showing a clear demand for AI...

18 April 2023 | Artificial Intelligence

AI professionals seek job flexibility and stability over exciting perks

Research suggests that AI professionals looking for a new job prioritise flexibility and stability over exciting perks.

Despite recent high-profile layoffs, the wider talent shortage is ongoing. Organisations looking to attract, or retain, the best candidates are offering numerous unique benefits.

However, research from BenchSci finds that AI, machine learning, and data professionals are mostly looking for flexibility and stability in their future...

20 March 2023 | Enterprise

DCMS spent 75% more on data scientists in 2021

Investments in data scientists by the UK’s Department for Digital, Culture, Media & Sport (DCMS) continue to increase rapidly.

The data, retrieved by the Parliament Street think tank, shows that DCMS has spent an estimated £20,606,100 on data scientist and data analyst roles between 2017 and 2021.

Niall Crosby, CEO of AG Grid, commented:

“Today’s digital world creates a lot of data, and the ability to process, understand, and make decisions based on...

22 April 2022 | Legislation & Government

Data scientists’ pay could hit £100k in 2022 amid ‘white hot’ jobs market

According to a forecast by Randstad, the salaries of leading data scientists could hit £100,000 by April 2022 amid a “white hot” jobs market.

A large number of vacancies across many sectors of the jobs market are leading employers to offer higher salaries to attract and retain staff. With inflation expected to hit five percent next year, workers are simultaneously looking for pay increases to keep pace with the cost of living.

Adrian Smith, Senior Director of...

22 November 2021 | Artificial Intelligence

CEBR: Automation increases US/UK business revenues, boosts economic resilience

Research conducted by the Centre for Economics and Business Research (CEBR), in conjunction with SnapLogic, has found that automation is having a profound impact on the monthly revenues of UK businesses.

Within three months of investment in automation technologies, UK companies saw an average increase of five percent – or £14 billion – per month.

The impact on US businesses was even higher. Over the same three-month period, US companies witnessed an average...

16 November 2021 | Enterprise

Research finds 1.4 million UK jobs could be automated this year

According to a Faethm AI forecast, over 1.4 million jobs in the UK could be replaced by automation this year alone.

Faethm’s mission is to prepare the world “for the future of work” by using an AI engine – trained on billions of workforce data points – to predict what jobs need reskilling versus upskilling.

James McLeod, VP of the EMEA region at Faethm, said

“Employers and employees alike need to change their perspective. The future of work is...

15 March 2021 | Enterprise

Learning the lessons of the past to fast-forward to the future of work

If you take a keen interest in technology and the economy, you may well have come across the term ‘fourth industrial revolution’ recently. This moniker has become a common label for the current period in which intelligent technologies such as AI, automation and robotics are becoming commonplace in our daily lives, and completely changing the nature of work. It’s not always clear, however, why it is described in this way, so let’s turn to the history books to find the...

3 February 2021 | Artificial Intelligence

Jack Dorsey tells Andrew Yang that AI is ‘coming for programming jobs’

Twitter CEO Jack Dorsey recently told former 2020 US presidential candidate Andrew Yang that AI "is coming for programming jobs".

There is still fierce debate about the impact that artificial intelligence will have on jobs. Some believe that AI will replace many jobs and lead to the requirement of a Universal Basic Income (UBI), while others claim it will primarily offer assistance to help workers be more productive.

Dorsey is a respected technologist with a deep...

26 May 2020 | Ethics & Society

British astrophysicist Sir Martin Rees calls for a living wage in the AI era

sir martin rees ai living wage artificial intelligence astrophysicist

British astrophysicist Sir Martin Rees spoke of the need for a living wage in the era of AI during a recent speech.

The speech, titled Surviving the Century, kicked off the 2019/20 season of the Perimeter Institute Public Lecture Series. Rees highlighted some of the dangers facing humanity, the outlook for humans venturing to other planets, and the use of technology to become a “post-human” species.

AI will destroy some existing jobs. There is, however, a fierce...

22 October 2019 | Ethics & Society