Fears that AI will result in mass job losses are unfounded, in response to a brand new whitepaper. The report, launched by British AI software program agency Automated Analytics, discovered that none of its 5,000 purchasers throughout the UK and US reported shedding workers because of AI implementation.
The whitepaper, titled “Unlocking Knowledge, Unlocking Individuals: Harnessing the Energy of AI to Remodel Your Enterprise,” launched at present at Scale House White Metropolis in London’s White Metropolis Innovation District. It argues that AI can really be a catalyst for development, reasonably than a menace to jobs.
Regardless of proof on the contrary, the examine additionally reveals a lingering worry of AI amongst UK enterprise leaders.
A YouGov survey commissioned by Automated Analytics discovered that over half of senior decision-makers nonetheless consider AI will remove extra jobs than it creates. Solely 17% consider AI will create extra jobs than it eliminates.
This hesitancy, the report warns, may have severe penalties for the UK economic system. As US corporations more and more embrace AI, British companies threat being left behind. Mark Taylor, CEO of Automated Analytics, argues that the UK must shift its focus from regulation to innovation in an effort to stay aggressive.
“AI isn’t about changing jobs; it’s about enhancing productiveness and creating new alternatives,” says Taylor. “Our whitepaper offers concrete examples of how AI can drive development, effectivity, and competitiveness. The UK can not afford to lag behind on this essential space.”
The whitepaper highlights a number of case research demonstrating the optimistic impression of AI on companies:
- British Gasoline’ Dyno-Rod: AI helped to halve the variety of service calls by bettering understanding of buyer journeys, offering franchise operations with 100% visibility.
- Pizza Hut (US): Restaurant Administration Group, the fourth-largest US franchisee, used AI to scale back recruitment prices by $1 million and improve hires by 42%.
- Fourth (UK): The hospitality recruitment agency noticed a 220% improve in candidate movement and a drastic discount in cost-per-application inside 30 days of implementing its AI-driven TalentTrack software program.
Taylor additionally expressed concern over the cultural variations between the US and UK in embracing new applied sciences.
“The US is main the cost in AI adoption, whereas the UK stays overly targeted on regulation. This whitepaper demonstrates that many fears surrounding AI are unfounded and that it could play an important position in driving the UK’s financial development.”
The whitepaper serves as a name to motion for UK companies to embrace AI as an important instrument for driving innovation and competitiveness within the world market. Whereas it’s clear that companies should undertake AI responsibly, the whitepaper ought to assist to dispel fears of mass job losses.
A replica of the whitepaper could be discovered right here (registration required.)
(Picture by Ruthson Zimmerman)
See additionally: UK indicators AI security treaty to guard human rights and democracy
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