Technology Trends

AI’s Impact on UK Jobs In The Future #2

The CBI is calling on the government to establish a joint commission tasked with examining the impact of AI on people and jobs across all sectors of the UK economy.

Based on research it conducted into the way that technology is changing the way we live and work, the CBI said recently that it had identified three technologies - AI, Blockchain and the Internet of Things - that are set to move from the fringes to the mainstream within the next five years.

However, it also found, that only a third of businesses currently have the skills and capabilities needed to adopt AI technologies, and that more needs to be done to help prepare those companies for the future.

UK businesses unprepared for mobile devices, says Barclays report

UK online businesses have grown more than 50 times faster than the rest of the economy, according to a report from Barclays, but many remain unprepared for the rise of mobile devices.

The Barclays Online Business Outlook 2013 report highlighted a compound annual growth rate of 11.4 percent over the past three years for the 300 companies surveyed with a strong online presence.  This outpaces the slow growth seen by the wider UK business community, which recorded an average increase of 0.2 percent over the same period.

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