80% of AI decision makers are worried about data privacy and security

Organisations are enthusiastic about generative AI’s potential for increasing their business and people productivity, but lack of strategic planning and talent shortages are preventing them from realising its true value.

This is according to a study conducted in early 2024 by Coleman Parkes Research and sponsored by data analytics firm SAS, which surveyed 300 US GenAI strategy or data analytics decision makers to pulse check major areas of investment and the hurdles...

Jay Migliaccio, IBM Watson: On leveraging AI to improve productivity

IBM has been refining its AI solutions for decades and knows a thing or two about helping businesses leverage the technology to improve productivity.

In 1997, IBM’s Deep Blue supercomputer was used to beat World Chess Champion Garry Kasparov. At the time, all too familiar headlines suggested that computers would soon replace humans. Over two decades later, AI has proven to be an assistive tool that benefits us every day.

IBM Watson’s first commercial application...

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...

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...