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AI's Impact On UK Jobs In The Future

Up to around 30% of existing UK jobs could face automation over the next 15 years, but new AI-related technologies will also boost productivity and generate additional jobs elsewhere in the economy, according to new analysis by PwC in its latest UK Economic Outlook report. 

The study estimates that the UK (30%) has a lower proportion of existing jobs at potential high risk of automation than the US (38%) and Germany (35%), but more than Japan (21%).

AI and Cyber Security - Grave New World

The recent cyber attack on organisations around the world, including our very own NHS, has been in the minds of professionals for a long time yet nonetheless for many others has clearly been something of a wake-up call. In the near future, as artificial intelligence (AI) systems become more capable, we will begin to see more automated and increasingly sophisticated social engineering attacks. 

The rise of AI-enabled cyberattacks is expected to cause an explosion of network penetrations, personal data thefts, and an epidemic-level spread of intelligent computer viruses. Ironically, perhaps our best hope to defend against AI-enabled hacking is by using AI.  Yet this is very likely to lead to an AI arms race, the consequences of which potentially may be catastrophic in the long term, especially as big government actors join the cyber wars.

Artificial Intelligence Startups Are Booming In The UK

AI is more than a trend in investment activity. Uniquely, AI is a sub-sector of technology which is set for a development surge as technologies associated with AI advance and the reliance on AI products for businesses across all sectors to stay competitive grows.

This is already happening according to Forbes.  A Narrative Science survey found last year that 38% of enterprises are already using AI, growing to 62% by 2018. Forrester Research predicted a greater than 300% increase in investment in artificial intelligence in 2017 compared with 2016. IDC estimated that the AI market will grow from $8 billion in 2016 to more than $47 billion in 2020.

2016 A Record Breaking Year for Europe’s Tech Startups

Europe is expected to hit $13.6 billion in tech investments in 2016, up from $12.6 billion in 2015, as newer technology hubs crop up outside traditional capital centres, according to a report produced by venture capital firm Atomico released at the Slush startup conference in Helsinki this week.

The report suggests Munich, Zurich, Lisbon, Madrid, and Copenhagen will be ones to watch over the coming years. Paris is starting to seriously challenge London and Berlin in terms of the number of VC-financed deals and deal volume.

The Internet of Things - Device Security and Data Privacy

The Internet of Things is connecting more devices every day.  Earlier this year, the Federal Trade Commission (FTC) in the US released a report which found that 25 billion objects are already connected online worldwide, gathering information using sensors and communicating with each other over the internet.

This number is growing quickly - Gartner has claimed that a ¼ billion connected vehicles will be on the roads by 2020 -  as electronics manufacturers look to capitalise on the commercial possibilities of IoT; the global value of the industry may well exceed £255bn a year by 2020.

Cognitive Systems - Skills Demand is Soaring

Demand for virtual reality experts and machine learning engineers with knowledge across data mining, statistical modelling, data analysis and natural language processing is on the rise. Closely tracking the now rapidly increasing enterprise adoption of these technologies.

While the concepts of machine learning aren’t new, adoption among businesses is becoming more pervasive. Consumers are accustomed to shopping recommendation engines that anticipate probable purchases, and they’re growing more dependent on driving optimization tools that use sensor data to suggest less congested traffic routes.

London Fintech Rides The Post-Brexit Storm

Fintech companies - businesses that harness technological advances to challenge the existing financial system and the way things have traditionally been done - appear to be riding the post-Brexit storm with genuine confidence.

To the fore of this mini revolution are companies developing apps for stock market trading, websites that will help create entirely new currencies, and revolutionary new payment technology. All these ideas will change the way finance works.

Richard Wheeler Associates: Now is the Time to Partner with a Consultancy

RWA is open and is a firm with ideas - with new hiring options and tailored recruitment solutions to complement what you already do. 

Are your current recruitment strategies delivering the results your business needs? Or fast enough? We recognise that hiring post BREXIT is harder for tech businesses, especially those located outside London. Hiring has not been put on hold and job advertising activity has not reduced. 

Mobile Software - Blocking Ad Revenues

Many of the world’s largest Internet and mobile software companies, like Google and Facebook, rely heavily on advertising to finance their online empires. 

But that business model is increasingly coming under threat with one in five smartphone users, or almost 420 million people worldwide, blocking advertising when browsing the web on cellphones. That represents a 90 percent annual increase, according to a new report from PageFair, a start-up that helps to recoup some of this lost advertising revenue, and Priori Data, a company that tracks smartphone applications.

Re-thinking Progress: The Circular Economy

With up to 50 billion connected devices predicted by 2020, a pervasive digital transformation is reshaping the economy. Will this ‘fourth industrial revolution’ lead to an acceleration of the extractive, ‘linear’ economy of today, or will it enable the transition towards a society in which value creation is increasingly decoupled from finite resource consumption?

There's a world of opportunity to re-think and re-design the way we make stuff. 'Re-Thinking Progress' explores how through a change in perspective we can re-design the way our economy works - designing products that can be 'made to be made again' and powering the system with renewable energy. It questions whether with creativity and innovation we can build a restorative economy.

M4 Corridor Digital Tech Clusters Lead The Way Outside London

According to the Tech Nation 2016 report, the Reading and Bracknell tech cluster is now the country’s largest cluster of digital businesses outside London. The area around these two towns is the home of digital businesses which contribute about £10bn in annual turnover to the British tech economy.

Start-Ups Want To Stay In The EU

The EU referendum date has been announced and will take place on Thursday 23rd June. So, for the next four months the debate over whether the UK should remain in, or leave, the European Union will dominate.

A survey published this week shows that the majority of UK start-ups want us to stay in the EU.

The Clean Energy New Economic Revolution

So, a couple of months after the momentous public and private sector commitments involving billionaire movers and shakers such as Bill Gates, Mark Zuckerberg, Richard Branson, Reid Hoffman, Jeff Bezosh and other high-profile entrepreneurs to pledge to spark a “new economic revolution” based around clean energy through launching a new investment drive for renewables…..it’s instructive to look back and reflect on the issues - and exactly what was agreed.

Startup Recruitment - Sponsorship

It is paramount for startups to hire talented people who want to work hard to build something from the ground up. However, the costs of sourcing and hiring a Developer or Software Engineer in the UK, especially in London, can be high, so many founders end up outsourcing the work to remote contractors based offshore.

Startups can look to India, Spain, China or many remote locations to get a job done but that doesn’t replace an in-house team of permanent hires with a shared vision for the longer term.

The Future for Smart Cities

With a global population explosion underway and increasing numbers of people migrating to urban centres, some argue that cities will have to get smarter or face collapse.  Which is why, according to industry analysts, the “smart city” will represent a $39.5bn (£25.1bn) marketplace by 2016.

Whole new cities, such as Songdo in South Korea, have already been constructed according to this template. Its buildings have automatic climate control and computerised access; its roads and water, waste and electricity systems are dense with electronic sensors to enable the city’s brain to track and respond to the movement of residents. But such places retain an eerie and half-finished feel to visitors – which perhaps shouldn’t be altogether surprising.

Digital Business Growth - the Thames Valley vs London Tech Clusters

The digital economy in the UK is thriving. The UK-wide nature of the industry was supported by the Tech Nation research report from Tech City UK - the agency originally created by the government to promote the east London tech cluster but which now promotes tech business growth UK-wide.

Using data from fast-rising digital businesses like Duedil and Adzuna, the Tech Nation 2015 report predicts that digital job growth will outperform all other occupation categories by 2020 - with digital employment itself set to grow by 5.4% by 2020.

Cyber Security - Threats and Budgets Growing Exponentially

Commitment to combating the ever morphing security threats across industry, not least fuelled by the high profile attacks on the likes of Sony Pictures and Home Depot, is gathering serious pace.  Cyber security start-ups raised more than $1bn for the first time in a single quarter - up from $540m for the first three months of last year and almost double the same period of 2014, according to data from private company research firm PrivCo.  Four years ago, total annual funding was less than $1bn.

Women in IT Careers - The Gender Gap

The UK faces a worsening gender gap in its flourishing IT industry, according to a new study.

The Women in IT scorecard looked at gender trends from secondary education through to the work place.

It indicates women account for just 16% of the UK IT workforce.  And the problem starts early - despite consistently out-performing boys in computing A-level results, girls account for just 6.5% of those taking the exam.

Making Job Offers IT Candidates Can’t Refuse

So, you’ve found the perfect Java Developer, Technical Architect or Big Data Analyst, and furthermore the candidate has sailed through the interview process. It may feel like the hiring process is over, the critical role has been filled and you can focus elsewhere.

But the timing and approach (rights vs wrongs) to extending the job offer is crucial, particularly in a highly competitive IT job market. Do a poor job, and you may start the relationship on the wrong foot or lose the candidate to another opportunity.

Job Growth in UK Technology Sector Outstrips National Average

The Tech Monitor UK report has found employment in technology companies is much stronger than the UK-wide employment trend.

The new report by KPMG and Markit on the UK technology sector has used 10 years’ worth of data from the UK Tech Sector Purchasing Managers’ Index (PMI), up until August 2013, to identify the main UK tech clusters, job hiring trends and how confident UK tech companies are in their business outlook for the next 12 months.

Our Downtime is minimal – but Life enhancing!

Just to show that we do prize ‘down time’ at Richard Wheeler Associates, that time spent considering things other than software engineering, grappling with Hadoop, immersing ourselves in client’s growth strategies, compiling shortlists of CTOs, System Architects, J2EE specialists, preparing the ground for a Search & Selection tender, assessing the merits of one embedded C++ candidate vs another, rubbing up alongside Android, getting to grips with the latest CleanTech hiring campaign, the nitty gritty of algorithm development, the merit’s/ethics of Google Glass (a step too far? Discuss)………we offer what we hope will be the first of many glimpses - of this ‘down time’:

Startups: Offline Networking vs Digital Marketing

Over the last five years Britain has succeeded in establishing itself as one of the world's leaders in tech innovation. Whether it's government support of small startups, or the huge array of brands emerging from Old Street and Silicon Roundabout; Britain is nurturing startups to become big successes.

Technology Firms Say The UK Has a 'Digital Skills Gap'

Major technology companies say they are struggling to recruit young people in the UK.  Firms such as Facebook claim they are finding a gap in skills, saying people from other countries are often better qualified.

The government says it is changing the curriculum to focus on programming.  Intellect, the UK's technology trade association, estimates that 100,000 people are needed to enter the digital sector each year.

10 Advantages of Working for a Tech Start-up

Start-ups are unable to compete with the tech giants on material benefits and need to emphasise their unique advantages to attract top talent.

There are many benefits for candidates to joining a tech start-up.  These are RWA’s top 10:

Investment and Skill Shortages Hinder Tech City Growth

Funding and skill shortages could halt the future development of London’s Tech City area in East London, a new report has warned.

Tech City is the name used to describe the Old Street roundabout area in East London, which – in recent years – has been called home by a growing number of tech giants and startups.

UK Smart Meter £12.1bn Rollout

Rival groups are getting ready to submit their final bids for the UK's massive, multi-billion-dollar smart meter rollout. The so-called SmartReach group is built upon communications technology from Sensus.  A rival group is building on top of Silver Spring Network's RF mesh communications technology. Other groups are expected to bid as well.

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