Landmark report reveals GenAI’s time-saving impact on legal work LAW A significant number of lawyers reported that GenAI helped them manage their workload more effectively, as new data highlights the time savings
Matalan turns to AI in ‘retail first’ as it predicts productivity to quadruple AI Matalan launched a Generative AI (GenAI) tool in a "retail first" which it has said will lead to a quadrupling of productivity.
The Notebook: The City has to unite against the risks of generative AI Lucy McNulty The UK has opted to steer clear of AI-specific rules, leaving the onus on City businesses to determine how to use GenAI responsibly.
Almost 80 per cent of European financial services brace themselves for Generative AI impact October 25, 2023 Many firms still lack plans to train their workforce to adapt to Generative AI, despite reports of high numbers of financial services bracing for impact.
The Notebook: No crystal ball? How insurers are predicting risk in an increasingly unpredictable world March 13, 2024 Mike Steel, general manager at Moody’s RMS, takes the Notebook pen to talk insurance, catastrophe bonds and predicting the future.
Reform AI adoption or it could ‘widen corporate inequalities’, IoD warns May 24, 2024 The adoption of generative AI could "widen corporate inequalities, with sectors prone to market consolidation seeing the most significant shifts."
The Notebook: A plea for a little more nuance in AI discourse March 18, 2024 Marc Warner, CEO at AI firm Faculty, takes the Notebook pen to talk podcasts, good posture and the new frontier of tech.
Fintech boards lack AI skills needed to drive future growth, survey finds April 15, 2024 Company boards of the UK’s top fintechs lack the necessary skills and experience in artificial intelligence, a new survey has suggested, which could hold back future growth for these firms.
New York Times sues OpenAI and Microsoft over use of stories to train chatbots December 27, 2023 The New York Times has filed a federal lawsuit against OpenAI and Microsoft seeking to end the practice of using its stories to train chatbots.
UK bosses much more optimistic about 2024 than last year, PwC survey suggests January 15, 2024 PwC's annual global CEO survey showed that 39 per cent of UK bosses expect the economy to improve in 2024, up from just nine per cent last year.