This report by IBM reveals that artificial intelligence (AI) and automation are creating a new division of labour between human workers and machines and ushering a new age of the augmented workforce. However, it notes this evolution is also widening the global skills gap, finding that executives estimate that 40% of their workforce will need to reskill as a result of implementing AI and automation over the next three years – and while AI won’t replace people, people who use AI will replace those who don’t.
Viewing entries in
Technology
This paper from researchers at OpenAI, OpenResearch and the University of Pennsylvania explores the potential implications of large language models (LLMs) such as Generative Pre-Trained Transformers (GPTs) on the US labour market, finding that around 80% of the US workforce could have at least 10% of their work tasks affected by the introduction of LLMs, while approximately 19% of workers may see at least 50% of their tasks impacted.
This paper from researchers at OpenAI, OpenResearch and the University of Pennsylvania explores the potential implications of large language models (LLMs) such as Generative Pre-Trained Transformers (GPTs) on the US labour market, finding that around 80% of the US workforce could have at least 10% of their work tasks affected by the introduction of LLMs, while approximately 19% of workers may see at least 50% of their tasks impacted.
The research conducted by Thomson Reuters surveyed over 1,200 professionals in legal, tax, accounting, global trade, risk, and compliance sectors across North America, South America, and the United Kingdom. The primary goal was to explore how macro-trends are intersecting with talent, customer expectations, and the overall environment of these professionals' workplaces. The findings reveal that these experts anticipate AI, technology, and automation will exert the most significant influence on their industries in the next five years.
The research conducted by Thomson Reuters surveyed over 1,200 professionals in legal, tax, accounting, global trade, risk, and compliance sectors across North America, South America, and the United Kingdom. The primary goal was to explore how macro-trends are intersecting with talent, customer expectations, and the overall environment of these professionals' workplaces. The findings reveal that these experts anticipate AI, technology, and automation will exert the most significant influence on their industries in the next five years.
This study from the International Labour Organisation examines the global impact of Generative AI, particularly Generative Pre-Trained Transformers (GPTs), on various occupations and job quality. Using the GPT-4 model, it assesses potential exposure at the task level and estimates its effects on employment globally and by income group. Overall, the technology is likely to augment work by automating some tasks within occupations, preserving other responsibilities, rather than fully automating entire professions.
McKinsey’s 2023 Global Survey on the current state of AI reveals that less than a year after generative AI (gen AI) tools debuted, one-third of respondents say their organisations are using gen AI regularly in at least one business function. The research suggests that the expected business disruption from gen AI is significant, with respondents anticipating workforce cuts in certain areas and large reskilling efforts to address shifting talent needs.
This report from McKinsey predicts that, along with other advances in automation, 30% of hours worked today could be automated and an additional 12 million occupation transitions may be needed by 2030 – with job displacement disproportionately impacting lower-wage jobs and women. As people leave shrinking occupations, the economy could reweight toward higher-wage jobs. The research highlights that employers will need to hire for skills and competencies rather than credentials, recruit from overlooked populations (such as rural workers and people with disabilities) and deliver training that keeps pace with their evolving needs.
The Digital Futures at Work Research Centre provides comprehensive analysis of the extent of technology adoption by employers, including the reasons for adopting digital technologies, employers’ experiences of digital adoption and the impact of such technologies on the organisation of work, job design, recruitment practices and employee relations.
This roundtable discussion explored the trends driving increased flexibility in the workplace and considered a variety of different approaches to flexible working, with a spotlight on the four-day week.