Tag: ai in workplace

4-day week? AI in workplace can increase productivity and reduce working hours: Study
Technology

4-day week? AI in workplace can increase productivity and reduce working hours: Study

[ad_1] Artificial intelligence has been a controversial topic in the workplace. The dependency on AI is growing and many fear that soon its capabilities will take away hundreds of millions of jobs. However, recent studies have shown that AI in the workplace has improved employee productivity and by 2033 it may also reduce working hours from 40 hours a week to just 32 hours, but only for one-third of the workforce. Additionally, it is also believed that the use of AI cloud result in better employee work-life balance. Check what the recent study says about AI capabilities and its benefits.Use of AI in workplaceAccording to the Autonomy study, the introduction of AI in the workplace has immensely benefited businesses in terms of employee productivity. The study is based on British and Amer...
AI Can Do Your Admin Tasks, Britain Tells Its Public Workers
Technology

AI Can Do Your Admin Tasks, Britain Tells Its Public Workers

[ad_1]  The UK is turning to AI to assist with administrative tasks and free up police officers, teachers, and health workers to focus on front-line responsibilities.A government review found that many teachers “waste a day each week” on tasks including data input and daily reports, and said that cutting administrative workloads would allow police to focus more time on tackling crime. The report, to be included in the government's Autumn Statement next week, will highlight “huge opportunities” to reduce daily administrative tasks and further leverage AI to ease the burden on police officers and teachers, while helping nurses and doctors treat patients more quickly. We are now on WhatsApp. Click to join.“Our public servants are among the best in the world, but we don't help them or taxpa...
5 things about AI you may have missed today: Dual nature of AI influence exposed, AI to keep US ahead of China, and more
Technology

5 things about AI you may have missed today: Dual nature of AI influence exposed, AI to keep US ahead of China, and more

[ad_1] Harvard and BCG expose the dual nature of AI's influence in the workplace; Man imprisoned for generating numerous inappropriate children Images using AI; Strategists predict AI will ensure US economic supremacy over China - this and more in our daily roundup. Let us take a look.1. Man imprisoned for generating inappropriate images using AIA South Korean man has been sentenced to two-and-a-half years in prison for using AI to generate explicit images of children. According to a report by Insider, he employed AI prompts like "10 years old," "nude," and "child" to create approximately 360 such images. The court ruled these images, though fake, were lifelike enough to be considered sexually exploitative. This case highlights the potential legal consequences of using advanced technolo...
AI is reshaping the workplace – but what does it mean for the health and well-being of workers?
Technology

AI is reshaping the workplace – but what does it mean for the health and well-being of workers?

[ad_1] The business landscape has undergone a significant shift over the past few years because of artificial intelligence (AI). This technological advancement has innovated business practices and is changing the way we work.Businesses are increasingly turning to AI to solve problems and perform tasks that have traditionally required human intelligence. Across different industries and occupations, AI is being used to detect patterns, make predictions and even create content. However, the rapid rate of AI adoption is putting workplaces at risk of overlooking its potentially adverse impacts, particularly those that could impact the health and well-being of workers. AI in the workplaceThe type of AI currently being used in workplaces has a narrowly defined role. It primarily augments the w...
AI Study Says Stocks Already Pricing a Job-Replacement Premium
Technology

AI Study Says Stocks Already Pricing a Job-Replacement Premium

[ad_1] Trying to sort winners from losers as artificial-intelligence spreads through the economy? The stock market already is, and it goes way beyond Nvidia Corp. and Microsoft Corp.A trio of researchers say companies with workforces ripest for AI streamlining are doing something interesting in the market: beating it. Their study, “Generative AI and Firm Values,” by Andrea L. Eisfeldt and Gregor Schubert of the University of California Los Angeles and Miao Ben Zhang of the University of Southern California, is an attempt to quantify shock waves created by the release of the ChatGPT program. While the idea AI is driving equity returns isn't news to anyone who has watched the Nasdaq 100 surge 44% in 2023, the conclusions in the paper go further. They depict a market that beneath its surfa...