Keeping a check on AI Oliver Wyman’s CEO highlights the pitfalls of regulating AI October 29, 2024 AI leaders gathered in Riyadh in September for the Global AI Summit (GAIN). Hosted by the Saudi Data & Artificial Intelligence Authority, GAIN 2024 explored themes such as generative AI, AI in urban life and the ethical governance of AI. Nick Studer, president and CEO of Oliver Wyman, who spoke on ‘AI governance in an interconnected [...]
Robot artist makes history as the first humanoid to sell at Sotheby’s October 29, 2024 The first ever ultra-realistic humanoid artist, Ai-Da, will have its art auctioned by Sotheby’s this week – a milestone for the art world. The robot’s work, ‘A.I. God’, portrays three paintings of Alan Turing, the so-called father of modern computer science, and will be featured in Sotheby’s Digital Art sale from 31 October to 7 [...]
YouGov shares jump after revenue and profit growth revealed October 29, 2024 YouGov shares jumped 13 per cent on Tuesday as the data firm reported revenue and operating profit narrowly ahead of full-year expectations. In unaudited results for the year to 31 July, 2024, Yougov posted a three per cent organic revenue increase, with reported revenue up 30 per cent to £335.3m, driven by its recent CPS [...]
Pearson: Educational publisher starts to reap rewards of AI October 29, 2024 Pearson said it is starting to see “commercial benefit” from the integration of artificial intelligence (AI) into its services. The education publisher said there have been over five million student interactions with its higher education AI study tools in the nine months to September, leading to double-digit year on year billings growth in its higher [...]
Tech boss warns UK to avoid own goal in Autumn Budget October 29, 2024 The founder and chief executive of a British artificial intelligence (AI) unicorn has urged the government to prioritise innovation in this week’s Budget, warning against policies that could hinder growth for UK tech firms. “I will be watching with huge focus when the Budget is delivered,” Vishal Marria told City AM, adding that “we must [...]
The Notebook: We have to talk more about money! October 29, 2024 Money remains a conversational taboo for many Brits, but if we want a country of investors, we have to talk about it, writes Camilla Esmund.
Government and business need a new deal to navigate today’s uncertainty October 28, 2024 By year end, over half of the world’s population will have participated in a national election.With so many voters going to the polls, and the potential for disruptive transitions, concernsabout widespread political uncertainty have been chipping away at economic sentiment formuch of 2024. Given the wider global economic and geopolitical headwinds, this uncertaintyrisks dragging much [...]
I’ve had an incredible year as Lord Mayor – here’s to the next 695 October 28, 2024 Next week the 696th Lord Mayor of London takes office followed by the Lord Mayor’s Show. As I reflect on the past year in this, my last mayoral column, I hear the American philosopher, William James: “It takes an endless amount of history to make even a little tradition”. I can tell you it takes [...]
Are we entering the ABBA Voyage era at work? October 28, 2024 AI avatars are about to replace you in meetings. The possibilities are tantalising – and unsettling, writes Paul Armstrong AI avatars are joining our Zoom calls, often before we do. Meeting note-takers, digital clones, even interviewers are now infiltrating the office landscape—often uninvited. This isn’t some distant sci-fi concept; it’s happening now. Is this progress, [...]
EY right: Is multitasking really unethical? October 28, 2024 Firing staff for watching multiple training videos at the same time raises questions about the accountancy firm’s corporate culture, says Eliot Wilson Internal disciplinary procedures in the US arm of one of the “Big Four” accounting firms may not seem like headline news. Last week, however, The Financial Times reported that Ernst and Young (now [...]