Category: Artificial intelligence

Go Flux Yourself: Navigating the Future of Work (No. 4)

TL;DR: April’s Go Flux Yourself considers the value of values, the importance of physical and mental health, and expresses concern that 90% of the internet’s content will be created by AI in 2025 …

Image created on Midjourney with the prompt “a painting in the style of Matisse that shows the benefits of running”

The future

“There is so much power in understanding what your values are — they can help you make decisions, guide your career, and even live a happier life.”

This wisdom comes from Irina Cozma, a career and executive coach. She wrote these words in a piece titled “How to Find, Define, and Use Your Values” that appeared in Harvard Business Review just over a year ago.

This month, I’ve been reflecting on my personal values and those of Pickup Media Limited. This introspection led me to Cozma’s guidance. Her approach is simple yet profound: start by listing 10 things that are important to you, then narrow it down to three. Once you have your top trio, rank and define them. Try it.

I found it an enlightening exercise. It helped me firm up five values for Pickup Media Limited, which needed refining after almost a decade of a hotchpotch approach to the company’s services and no considered thought about SEO or social selling. (Watch this space!) 

The (work-in-progress) tagline is: “Understanding human-work evolution in an increasingly digital world.” And the business values, which build on my personal values, are (currently) listed as follows:

  1. Seeking and sharing true understanding
  2. Connecting for good
  3. Human-focused
  4. Improving – physical and mental – health
  5. Community-spirited

These might need sharpening up, granted, but you get the idea. Already these are helping to frame how I look at my products and services. More than that, these values allow me to recalibrate, and kind of re-tune my antenna to what’s important to and interests me and, by extension, the business. 

With this in mind, I was pleased to see that the upcoming Mental Health Awareness Week 2024, which takes place from May 13 to 19 in the UK, focuses on body and mind fitness. Indeed, the theme is: “Movement: Moving more for our mental health.”

In the last 13 months, I’ve run more than ever before, clocking over 800 miles. This has coincided with my sobriety. The extra time and focus gained from not drinking have evolved me as a person, and made me much more self-content, confident, and – according to my children – “less moody”. Cheers!

April was an incredible month for runners in the UK. Not only did the London Marathon exceed previous years – 44 Guinness World Records were broken, £67 million was raised for charity (at the time of writing), and over 53,000 people finished the 26.2-mile course – but a couple of weeks earlier, Russ Cook (aka “Hardest geezer”) completed his almost 10,000-mile, 352-day odyssey running the length of Africa. 

The 27-year old from Worthing took up running as an escape from drinking and gambling vices. Four years ago, he broke the record for the quickest marathon while pulling a car. It took him four minutes under 10 hours. Hardest geezer has certainly earned his sobriquet.

Elsewhere, reality TV celebrity Spencer Matthews announced this last week that he will run 30 marathons in 30 days across the Jordanian desert in a bid to break another record. He has spoken about using exercise for good and closing the drinks cabinet. “I’m interested in understanding how far I can push myself,” he told Lorraine Kelly on her eponymous show. “It’s not too long ago that doing any running of any kind would have been difficult.” (For more on this please listen to the latest episode of Upper Bottom.)

It’s incredible what people can do with a little physical movement. Starting is often the most challenging part, which is why initiatives like Couch to 5K are so brilliant.

Perhaps it’s too simplistic to say people are more health-conscious than before the coronavirus crisis. Yet one can’t ignore that over 840,000 applications have been received for the London Marathon 2025 ballot, bettering last year’s record of 578,000. (I’ve thrown my lycra running hat into the ring.)

During the pandemic, I interviewed Andrew Scott, professor of economics at London Business School and author of The 100 Year Life and – this year – The Longevity Imperative. His core message, which has propelled me, is: “Invest in your future self by eating and drinking less, and moving more.” It’s simple, when you put it like that. I suppose it’s like the value of good values. 

From now on, I’ll be approaching my work using these business values. And in May, I’ll be busy speaking, hosting roundtables and panels across the UK. First, in London, I’ll be discussing hot human-work evolution topics at a business school. 

Also in the capital, I’m moderating a closed session for a new client that explores the future of remote work by discussing the strategic transformations necessary for organisations to drive long-term success. This is a subject I’m passionate about – I wrote about my fears around the entrenchment of a two-tier workforce due to the Flexible Working Bill in my April column for UKTN (and I use the same argument in a debate piece in tomorrow’s City AM).

Later in the month, I’ll be at DTX Manchester, leading a session exploring the value of artificial intelligence in the modern workplace. If you will be at Manchester Central on May 22 please come and say hello. With some 90% of all online content likely to be generated by AI next year, according to some experts, being more human in the digital age has never been more critical.

The present

Investing in a Garmin watch has helped my running – I set a personal best in the London Landmarks half-marathon in early April, no small thanks to Garmin coach. The gadget provides a welter of data – including one’s “body battery”. This morning, I began the day on 87% battery. I must catch up on my sleep this evening. But others might not be so lucky.

What to make of the news emanating from South Korea about Samsung? The electronics giant has recently announced that it will make executives work six-day weeks following its worst financial results in a decade. As more progressive companies push ahead with four- or even three-day working weeks and have found productivity improving, this diktat is wrongheaded and, I suspect, will be counterproductive. How will Samsung attract and retain top talent?

Meanwhile, 82% of employees globally are at risk of burnout this year, according to the HR consulting firm Mercer, and only half of employers design work with wellbeing in mind. How can people move more, and improve their mental and physical health, if they are chained to their desks? This isn’t even standing still; it’s going backwards.

Worryingly, different research indicates that people are suffering in silence. In the United States, 43% of workers say they are experiencing burnout, but almost half (47%) are hesitant to discuss burnout issues with their bosses, finds the latest Workforce Monitor survey from the American Staffing Association and Harris Poll. (Notably, 29% of respondents said their ideal schedule was a full return to the office, while 39% wanted a hybrid work model.)

The past

Two years ago, I interviewed Brian Kropp, then group vice president and chief of research for Gartner’s HR practice, about burnout. He argued that overworking can have hazardous consequences. The combination of sloppiness and anxiety triggered by tiredness will likely cause problems at work. “When you feel stressed and worried, the surface area of your brain literally shrinks,” he said. “It is a natural defence mechanism to absorb less information and pain.”

Employers must be mindful and look after their staff, including leaders, Kropp continued. “When we are drowsy, we tell people to use caution when operating a vehicle or dangerous machinery. So when employees are tired, we should not ask them to operate the heavy machinery of our business.”

After extensive research, Kropp concluded that organisations that “show a sense of caring” will triumph. Ultimately, it’s what humans have always done. He cited late American cultural anthropologist Margaret Mead’s theory that we have, as a species, worked together to accomplish something bigger for thousands of years. 

The skeletal remains of an early human that showed a healed femur – upper leg – bone highlighted to Mead the inherent compassion we humans possess. The person in this example was allowed to rest and recover from a painful injury and not left for dead.

“The best caring, human organisations have realised employees can’t run at 100% for 100% of the time,” Kropp added. “We have to create time for breaks, moments of rest and recovery. The best organisations are increasingly thinking about ‘pre-covery’, which enables your employees to build up a wealth of reserve before you reach a challenging moment.”

In an increasingly digital and demanding world, employers must remember the fundamental human need for rest, recovery and movement – because when we take care of employees’ physical and mental well-being, we enable them to bring their best selves to work and, collectively, achieve something greater.

Statistics of the month

  • Of the 82% of global employees who are at risk of burnout this year, according to Mercer, factors cited included financial strain (43%), exhaustion (40%), and excessive workload (37%).
  • There were 672,631 UK applications for 2025 London Marathon, with 50.33% from men, 49.03% from women and 0.64% from non-binary applicants.
  • Gartner predicts that “independent workers” will make up around 40% of the global workforce by 2025.

Stay fluxed – and get in touch! Let’s get fluxed together …

Thank you for reading Go Flux Yourself. Subscribe for free to receive this monthly newsletter straight to your inbox.

All feedback is welcome, via oliver@pickup.media. If you enjoyed reading, please consider sharing it via social media or email. Thank you.

And if you are interested in my writing, speaking and strategising services, you can find me on LinkedIn or email me using oliver@pickup.media. 

Go Flux Yourself: Navigating the Future of Work (No. 3)

TL;DR: March’s Go Flux Yourself is full of heart (rather than brains and muscles), discusses the “relationship economy”, off-field Manchester City stories, and tips to prepare the leaders of tomorrow … 

Image created on Midjourney with the prompt “a hyperrealistic pep guardiola with a big heart on his Manchester City shirt handing out lemon shortbread to a female cleaner after a game”

The future

“In the past, jobs were about muscle; now they’re about brains; but in the future, they’ll be about the heart.”

I love these words of wisdom from Minouche Shafik, the incumbent President of Colombia University. 

I heard them for the first time a couple of days ago, at LinkedIn’s Talent Connect conference in east London. On stage, delivering the closing keynote, was Aneesh Raman, a former speechwriter for Barack Obama during his time in the White House. Now, he is VP and Workforce Expert at the professional social media platform, which reached one billion members last year.

Raman talked about the need for more, well, heart in the age of artificial intelligence. And he argued, convincingly, that the human role and capabilities in this epoch should be imagined from a place of possibility, not fear.

He promoted the concept of the “relationship economy”, which will supersede the “knowledge economy”. While the latter is fuelled by the Internet, the former will be anchored on expanding human social and emotional capabilities. 

Here, HR professionals have a pivotal role to play. They have the power to bring more humanity to work – paradoxically by using technology – and therefore spread more humanity, or heart, to the physical (and digital) world. At the moment, due to the almighty buzz around AI, “humans seem to have become an afterthought”, Raman posited.

My work wanderings this last month have revolved around AI-augmented jobs, skill-based recruitment, and future roles. I wrote my inaugural column for UKTN on a related topic. The headline was “£1.1bn to upskill the UK for future tech roles is too little too late”, and I didn’t hold back.

“In ordinary circumstances, a figure of £1.1bn – the headline-capturing amount the government announced last week to train ‘over 4,000’ UK students in future technologies – wouldn’t be lamentable,” I started. “Yet, considering total public spending on education was £116bn in 2022-23, according to the Institute for Fiscal Studies – down 8% from the 2010-11 figure – it smacks of a weak attempt to win some media coverage and votes in the looming general election.”

I cited an Axios study – published on the exact day Science and Technology Secretary Michelle Donelan announced the £1.1bn package to skill-up the UK in future tech roles – that found only 18% of UK workers believe that AI has improved productivity. Of the 17 countries polled, at the other end of the scale were India (67%), Indonesia (65%), and the UAE (62%).

Certainly, AI literacy is a hot topic, with frontrunners arguing leaders need to set the example, and support such learning and education across their organisations. Raman stated that 44% of UK companies are currently helping employees become AI literate – at the top was India, with 52%.

Earlier in March, I attended a Workday roundtable titled “Leveraging AI to Foster Skills and Inclusivity”. I have a vested interest in the future of work, not least because I’m the father of two young children. I explained to the panellists that I think the current school curriculum is unsuitable for tomorrow’s workers and asked how I should best prepare them.

My thinking on this subject has long been based on the so-called 4 Cs of 21st-century learning: critical thinking, communication, collaboration, and creativity. All four involve the heart Shafik is talking about. And they are why I’m pleased my son plays rugby – team sport is excellent for developing all four Cs. It’s also good for shared winning and losing experiences, which can be clouded in the digital age, and warped by social media – more on this below.

The Workday roundtable panellists shared my concern that today’s schooling is unfit for tomorrow. Yet they offered some useful extracurricular tips. For instance, Michael Houlihan, CEO of Generation UK and Ireland, which recruits, trains, and places unemployed young adults into career-launching jobs, suggested using generative AI tools to engage kids, such as having them interact with characters from their favourite books. This can turn a “spark” of interest into a “raging fire of learning and passion”.

He argued that exposing kids to technology and getting them comfortable with it through play at a young age is essential. Online learning tools and platforms, like Khan Academy, are creating exciting generative AI tools to help teach kids subjects like maths in an engaging, interactive way.

I was heartened by these answers, and Shafik’s quotation supported this movement toward the “relationship economy” – one accessed through technology but with humanity at its beating centre.

The present

I enjoy ghostwriting thought leadership articles for various executives – pinching expert opinions and inhabiting their psyche is like being an actor on the stage – and last week, I spoke with a Dutch consultant about geopolitical tensions. Refreshingly, he would not be led by my rather gloomy narrative. 

He countered that, despite what one might see and hear in the media, humanity is in a relatively safe period. The reason most of us are more prone to doom-mongering is down to social media, which amplifies everything and causes collective anxiety to rocket, he posited. 

While what’s happening in Ukraine and Gaza is horrific, and the climate crisis looms like a black cloud, undoubtedly, there is something in this hypothesis. How pleasing, then, that on Monday, Republican Florida Governor Ron DeSantis signed a bill that will ban social media accounts for children under 14 and require parental permission for 14- and 15-year-olds. If – and it’s not a given, especially considering who might (re)enter the White House – it becomes law, it will take effect on January 1.

It’s somewhat out of character for former presidential candidate DeSantis. Indeed, during a 2022 rally in protest of the Supreme Court ruling that overturned the Roe versus Wade abortion ruling, Democratic State Senator Tina Polsky announced to the crowd of about 250 at the Esplanade in Downtown Fort Lauderdale that DeSantis couldn’t care less about – especially his wife and daughters. “He’s heartless,” she said.

Perhaps DeSantis has a heart, after all. But will other states – and countries – follow suit? With Father Christmas having gifted my eldest child a Nintendo Switch last Christmas, but a few years off finding a smartphone under the tree, I sincerely hope so. 

Social media platforms are toxic for society and corroding young minds – and older ones. I’ve removed all social media apps – bar LinkedIn, which is useful for work – from my phone, and gone to the extreme of using a grayscale setting so that the display is less appealing (if you are thinking of doing this, be warned that it is a nightmare to locate Lime bike parking bays in central London). 

Pep Guardiola, Manchester City’s manager, is someone else who has a heart. And I’m not writing that just because I’m a (long-standing) fan of the club (I was in Istanbul last June, cheering on at the triumphant Champions League final). 

At the start of the month, I was fortunate to be invited by City’s technology partner, Qualtrics, to the Etihad Stadium for a tour and a roundtable on how the club uses data to improve the customer experience ahead of the Champions League match against FC Copenhagen.

There were some lovely snippets of information. In a stint in the US before joining City in 2016, Guardiola scanned American sports for tips. City’s circular changing room, for example, is lifted from the NFL. The words snaking around the ceiling read: “Some are born here, some are drawn here, and all call it home.” That sense of togetherness is central to the club’s success. But the manager plays his part, on and off the pitch – and in the backroom. It was revealed that after every home game, the Spaniard seeks out changing room cleaner, Deb, and says thanks with a lemon shortbread. Nice touch.

City’s customer experience team are trying to win hearts and minds. Thanks to its partnership with Qualtrics, the club uses data to understand its fans and improve their experience. The department is bringing data from various sources into one place to create a “single source of truth” and a 360-degree view of fans. This includes operational data from their CRM and experience data from surveys, social media, call centre interactions, and so on. 

On match days, the team uses real-time data and feedback to identify and resolve issues like long queues. Post-match surveys help assess what’s working well versus what needs improvement across different fan segments. It serves as another example of how the muscle and brain of AI can combine with the human heart to provide a superior experience.

The past

Ian Lees was the 64-year-old tour guide at the Etihad who told me about Pep’s lemon shortbread pressie for the cleaner. Ian has been at the club since 1976, was a first-team coach for a while, and was a font of knowledge – no AI will ever be able to replace passionate people like Ian. 

He had so many incredible stories, but two stand out that show how peculiar – and sentimental, or superstitious – humans can be. John Stones, the rangy centre-back turned unlikely libero, apparently is a size 9 shoe, yet he wears size 8 football boots. Meanwhile, right-back and captain Kyle Walker’s winning goal in a game aged 14 had such an impact on him that he wears the same – and unwashed – shinpads today, 19 years later. 

We all have quirks. That’s what makes us human. As I approach one year of sobriety – April 1 (no joke) will make it 12 months without booze – I shudder to recall some of the heartless and mindless things I’ve done in the past. Yet, reflecting on those drunk-fuelled missteps – and near-death experiences, as explored in a recent Upper Bottom podcast episode) – means the 2.0 version of me will be a better human.

Statistics of the month

  • Over half (55%) of IT leaders feel pressure from their organisation’s leadership to implement new AI technology, according to Asana’s Work Innovation Lab. Yet, a quarter regret investing in AI too quickly, showing that business pressure means AI implementation isn’t as thoughtful as it could be.
  • One in ten (10%) employees have witnessed or experienced sexual harassment at work in the UK, but nearly half (49%) of these did not report it, finds Personio.
  • Gartner research indicates only 46% of employees feel supported trying to grow their careers at their organisation.

Stay fluxed – and get in touch! Let’s get fluxed together …

Thank you for reading Go Flux Yourself. Subscribe for free to receive this monthly newsletter straight to your inbox.

All feedback is welcome, via oliver@pickup.media. If you enjoyed reading, please consider sharing it via social media or email. Thank you.

And if you are interested in my writing, speaking and strategising services, you can find me on LinkedIn or email me using oliver@pickup.media. 

Go Flux Yourself: Navigating the Future of Work (No. 2)

TL;DR: February’s Go Flux Yourself discusses FOBO – the fear of becoming obsolete – tarot readings, why communication (and not relying on AI) matters more than ever, and leaping out of one’s comfort zone …

Image created on Midjourney with the prompt “the page of swords taking a leap outside of his comfort zone in the style of an Edgar Degas painting”

The future

“It always feels too soon to leap. But you have to. Because that’s the moment between you and remarkable.”

So wrote American author, entrepreneur and former dot-com business executive Seth Godin in his prescient 2015 book, Leap First: Creating work that matters. It’s a fitting quotation. Not least because today is February 29 – a remarkable date only possible in a leap year. 

It’s appropriate also because most of us must jump out of our comfort zones – whether voluntarily or shoved – and try new things for work and pleasure in this digital age. We want to be heard, to be valued. Moreover, there is a collective FOBO – fear of being obsolete (as discussed with suitable levity on the Resistance is Futile podcast this week).

As someone primarily known as a writer, I have felt FOBO in the last 15 months, since the advent of generative artificial intelligence. So much so that when I was sitting in a cafe, waiting for my car to be serviced in November – a year after OpenAI unleashed ChatGPT – I couldn’t help but approach, with nervous excitement, the tarot card reader on the next table, whose 10.30am booking hadn’t appeared. 

I asked: “What’s coming next in my career?”

She pulled six cards from the deck in her hands, although two fell out of the pack, which was significant, I was informed. One of the fumbled cards was The Two of Wands. “This is about staying within our comfort zone and looking out to see what’s coming next,” the reader said. “It suggests you must start planning, discovering who you are and what you really want, and focusing on that.”

The other slipped card was The Page of Swords. “This one – intrinsically linked to the Two of Wands – says that you need to work in something that requires many different communication skills. But this is also something about trying something new, particularly regarding communication, learning new skills, and getting more in touch with the times.”

Energised by 20 minutes with the tarot reader, I’ve leapt outside my comfort zone and re-focused on expressing my true(r) self, having established this newsletter, and a (sobriety) podcast. (I’ve also set up a new thought-leadership company, but more of that next month!) I’m loving the journey. Taking the leap has forced me to confront what makes me tick, what I enjoy, and how to be more authentic professionally and personally. Already, the change has been, to quote Godin, “remarkable”.

And yet, I fear an increasing reliance on AI tools is blunting our communication skills and, worse, our sense of curiosity and adventure. Are we becoming dumbed down and lazy? And, by extension, are the threads that make up the fabric of society – language, communication, community – fraying to the point of being irreparable?

At the end of last month, in the first Go Flux Yourself, I wrote how Mustafa Suleyman, former co-founder of DeepMind, discussed job destruction triggered by AI advancement. He predicted that in 30 years, we will be approaching “zero cost for basic goods”, and society will have moved beyond the need for universal basic income and towards “universal basic provision”. How will we stay relevant and curious if we want for nothing? 

Before we reach that point, LinkedIn data published earlier this month found that soft skills comprise four of UK employers’ top five most in-demand skills, with communication ranked number one. Further, the skills needed for jobs will change by “at least 65%” by the decade’s end. 

Wow. Ready to take your leap?

The present

Grammarly’s 2024 State of Business Communication Report, published last week, exposed the problem of communication – or rather miscommunication – for businesses. Getting this wrong affects the organisation’s culture and its chances of success today and tomorrow. 

Indeed, the report showed that effective communication increases productivity by 64%, boosts customer satisfaction by 51%, and raises employee confidence by 49% – that last one is especially interesting, and it’s worth noting that March 1 is Employee Appreciation Day, which was started in 1995. While I’m sure hardly any companies will appreciate their employees any more than usual, building confidence through better communication is business critical.

There is much work to do here. The Grammarly study found that in the past 12 months, workers have seen a rise in communication frequency (78%) and variety of communication channels (73%). Additionally: “Over half of professionals (55%) spend excessive time crafting messages or deciphering others’ communications, while 54% find managing numerous work communications challenging, and for 53%, this is all compounded by anxiety over misinterpreting written messages.”

Is AI helping or hindering communication?

I love this cartoon by Tom Fishburne, the California-based “Marketoonist”, who neatly summarises the dilemma.

Also this month, we marvelled at OpenAI’s early demonstrations of Sora (Japanese for “sky”, apparently), which converts text to video. FOBO was ratcheted up another notch.

Thankfully, I was reminded that most AI is far from perfect – like the automatic camera operator used for a football match at Caledonian Thistle during the pandemic-induced lockdown. The “in-built, AI, ball-tracking technology” seemed a good idea, but was repeatedly confused by the linesman’s bald head. It offered an amusing twist on spot the ball.

Granted, that was over three years ago, and the use cases of genuinely helpful AI are growing, if still narrow in scope. For example, this fascinating new article by James O’Malley, highlights how Transport for London has been experimenting with integrating AI into Willesden Green tube station. The system was trained to identify 77 different use cases, broken down into these categories: hazards, unattended items, person(s) on the track, unauthorised access, stranded customers and safeguarding.

Clearly, better communication between man and machine is essential as we journey ahead.

The past

“My heart is too full to tell you just how I feel … I sincerely hope I shall always be a credit to my race and to the motion picture industry.”

On this day 84 years ago, Hattie McDaniel spoke these words after being named best supporting actress at the 12th Academy Awards in 1940. She was the first black actor to win – or be nominated – for an Oscar. 

The 44-year-old won for her portrayal of Mammy, a house servant, in Gone With the Wind. She accepted her gold statuette on stage at the Cocoanut Grove nightclub in Los Angeles’ Ambassador Hotel – a “no-Blacks” hotel (she was afforded a special pass). However, McDaniel, whose acting career included 74 maid roles, according to The Hollywood Reporter, was denied entry to the after-party at another “no-Blacks” club. A bittersweet experience in the extreme.

We might look back and be appalled by old social norms. Certainly, the pace of progress in certain areas is lamentably slow – after McDaniel, no other Black woman won an Oscar again for 50 years until Whoopi Goldberg was named best supporting actress for her role in Ghost. Still, it is important to track progress by considering history and context.

How long will it be before we have “no-AI” videoconferencing calls? And would that be classed as progress?

I’ve been thinking about the darker corners of my past recently. Earlier this month, I started a podcast, Upper Bottom, that takes a balanced (not worthy, and hopefully lighthearted) look at sobriety. Almost exactly a year ago, I called Alcoholics Anonymous and explained that while nothing tragically wrong had happened, I wanted to reset my relationship with booze. “Ah, you are what we call an ‘upper bottom’,” said the call handler. “You haven’t reached rock bottom but want to change your ways with alcohol.”

Spurred by the tarot reading, and fortified by the ongoing sobriety – April 1 (no joke) will make it a year without a drop – I’m grateful for the opportunity to polish my communication skills, learn new skills (if you want me to produce and host a podcast I would be delighted to collaborate), and build a community via Upper Bottom.

My voice is being heard, literally, and I’m speaking the truth on a human level. In 2024, that matters.

Statistics of the month

  • On the subject of slow progress, only 18% of high-growth companies in the UK have a woman founder, according to a report just published by a UK government taskforce.
  • Nearly seven in 10 UK Gen Zeders are rejecting full-time employment – many as a result of AI and layoff fears, finds Fiverr.
  • And new research by Uniquely Health shows that less than half (49%) of the nation is confident they would be classed as “healthy” by a doctor. Time to make the most of the extra day this year and leap to some exercise?

Stay fluxed – and get in touch! Let’s get fluxed together …

Thank you for reading Go Flux Yourself. Subscribe for free to receive this monthly newsletter straight to your inbox.

All feedback is welcome, via oliver@pickup.media. If you enjoyed reading, please consider sharing it via social media or email. Thank you.

And if you are interested in my writing, speaking and strategising services, you can find me on LinkedIn or email me using oliver@pickup.media. 

Go Flux Yourself: Navigating the Future of Work (No. 1)

TL;DR: This month’s Go Flux Yourself includes thinking like badgers, rogue chatbots, American presidents snogging, productivity problems, return-to-office mandates, and AI leaders admitting they don’t know “what happens next” – but not in that order … 

Image created on Midjourney with the prompt “a Henri Bonnard-style painting set in the New Forest in England with badgers, remote workers, Joe Biden and Donald Trump kissing, and lonely males looking at their smartphones”

About this newsletter

A warm welcome to the first edition of a rude-sounding-yet-useful newsletter for business leaders striving to make sense of today and be better prepared for tomorrow.

Below is a summary of what I hope to offer with Go Flux Yourself (with luck, a memorably naughty pun on “flux”, meaning continuous change, in case it requires an explanation).

“Master change and disruption with Oliver Pickup’s monthly future-of-work newsletter: insights and stories on transformation, curated by an award-winning, future-of-work specialist.”

I’m a London-based technology and business communicator – I write, speak, strategise, moderate, listen, and learn – and you can find more about me and my work at www.oliverpickup.com.

At the end of every month, I serve up insights, statistics, quotations and observations from the fascinating and ever-changing future-of-work space in which I operate. 

Every month, the Go Flux Yourself newsletter will have three sections:

  • The future – forward-looking, regarding challenges and opportunities.
  • The present – relevant news, eye-catching examples. glimpses of upcoming challenges and opportunities.
  • The past – lessons from yesterday that might help leaders tomorrow.

The most important thing is to get fluxed, and change. “He that will not apply new remedies must expect new evils, for time is the greatest innovator,” wrote Francis Bacon almost 400 years ago (in 1625).

The future

“No one knows what happens next.” Especially badgers.

The above, rather alarmingly, is the sign/motto above Sam Altman’s desk (without the bit about badgers – more on them later), as revealed in a panel session, Technology in a Turbulent World, at the World Economic Forum’s annual meeting in snowy Davos. 

It reeks of faux justification and diminished responsibility for possible humanity-damaging mistakes made by the co-founder and CEO of Microsoft-backed OpenAI, arguably the world’s most important company in 2024.

Fellow panellist Marc Benioff, chair and CEO of Salesforce, stated: “We don’t want to see an AI Hiroshima.” Indeed, “no one knows what happens next” echoes Facebook’s original – and poorly aged – mantra of “move fast and break things” that was adopted by Silicon Valley and the wider technology community. But at what cost? Can the capitalists curb their rapaciousness? Well, what’s to stop them, really? They can stomp on the paper tigers that currently stand against them. (I’m going to be writing and speaking about this more in February.)

The United Nations secretary general, António Guterres, clarified his feelings at WEF and argued that every breakthrough in generative AI increases the threat of unintended consequences. “Powerful tech companies are already pursuing profits with a reckless disregard for human rights, personal privacy, and social impact,” said the Portuguese. But he strikes the same tone when talking about climate change, and his comments, again, are falling on seemingly deaf ears. Or at least greed for green – the paper kind – outweighs concerns for humanity.

A few days earlier, on January 9, Scott Galloway, professor at New York University Stern School of Business, and Inflection AI’s co-founder Mustafa Suleyman (former co-founder of DeepMind), asked: “Can AI be contained?”

Galloway pointed out that given there are over 70 elections around the globe in 2024 – the most in history – there is likely to be a “lollapalooza of misinformation”. And that was before the deepfake of Joe Biden snogging Donald Trump, which was on the front page of the Financial Times Weekend’s magazine on January 27 (see below). 

The provocative American entrepreneur and educator also pointed out that AI will likely increase loneliness, with “searches for AI girlfriends off the charts”. How depressing. But the recent example of a Belgian man – married with two children – killing himself as his beloved chatbot convinced him to end his life for the sake of the planet is evidence enough. 

In a similar vein, delivery firm DPD disabled part of its AI-powered online chatbot after it went rogue a couple of weeks ago. A customer struggling to track down his parcel decided to entertain himself with the chatbot facility. It told the user a joke, when prompted, served up profane replies, and created a haiku calling itself a “useless chatbot that can’t help you”. What would Alan Turing think? 

Anyway, Galloway also noted how the brightest young minds are not attracted to government roles, and it’s a massive challenge (not least when top talent can earn much, much more at tech firms). (As an aside, I interviewed Prof G a couple of years ago for a piece on higher education, and he called me “full of sh1t”. Charming.)

Meanwhile, Suleyman discussed job destruction due to AI advancement. He predicted that in 30 years, we will be approaching “zero cost for basic goods”, and society will have moved beyond the need for universal basic income and towards “universal basic provision”. 

How this Star Trek economy is funded is open to debate, and no one has a convincing solution, yet. (Although Jeremy Hunt, who was on the panel in Davos with Altman, Benioff, et al, might not be consulted. The chancellor revealed that his first question to ChatGPT was “is Jeremy Hunt a good chancellor?” The egoist queried the reply – “Jeremy Hunt is not chancellor” – without, even now, realising that ChatGPT’s training data stopped before his appointment.)

Further, the absence of trust in government – as per the latest Edelman Trust Barometer (which has the general population in the UK (39) and the US (46) well below half, and both down on the 2023 figures) – and increasing power of the tech giants could mean that the latter will act more like nation-states. And with that social contract effectively ripped up, and safety not assured, chaos could reign. Suleyman talked about the “plummeting cost of power”, and posited conflict can be expected if actual nation-states can no longer look after their citizens, digitally or physically. The theme of prioritising trust is a big one for me in 2024, and in January a lot of my writing and speaking has been founded upon this topic.

If “no one knows what happens next”, leaders must educate themselves to broaden their scope of understanding and be proactive to get fluxed. The words of 18th-century English historian Edward Gibbons come to mind: “The wind and the waves are always on the side of the ablest navigator.”

Certainly, I’ve been busy educating myself, and have completed courses in generative AI, public speaking and podcasting, to help me achieve my 2024 goal of being more human in an increasingly digital age. This time next month, I’ll be able to share news about a (sobriety) podcast and also a thought-leadership business I’m launching in February.

The present

A couple of weeks ago, judge Robert Richter dealt a blow to those in the financial services industry – and possibly beyond – hoping to work fully remotely. He ruled against a senior man­ager at the Fin­an­cial Con­duct Author­ity who wanted to work from home full-time, find­ing the office was a bet­ter envir­on­ment for “rapid dis­cus­sion” and “non-verbal com­mu­nic­a­tion”.

The landmark case will have been closely watched by other employers considering return-to-office mandates. The judge found that the financial watchdog was within its rights to deny Elizabeth Wilson’s request, stating there were “weak­nesses with remote work­ing”. Poor Elizabeth; like badgers, all she wants is to be at home without disruption.

Judge Richter wrote in judgement: “It is the exper­i­ence of many who work using tech­no­logy that it is not well suited to the fast-paced inter­play of exchanges which occur in, for example, plan­ning meet­ings or train­ing events when rapid dis­cus­sion can occur on top­ics.

He also poin­ted to “a lim­it­a­tion to the abil­ity to observe and respond to non-verbal com­mu­nic­a­tion which may arise out­side of the con­text of formal events but which non­ethe­less forms an import­ant part of work­ing with other indi­vidu­als”.

It will be interesting to see how this ruling impacts the financial services industry especially. It feels like a big blow to those operating in this area, and solidifies the notion that firms are rigidly not keeping up with the times. Will this trigger an exodus of top talent?

Leaders believe that productivity lies at the heart of the workplace debate – but should it? The old maxim that “a happy worker makes a productive worker” springs to mind. One comes before the other. With this in mind, I enjoyed participating in a roundtable hosted by Slack and Be the Business, atop the Gherkin in the city of London, that discussed how better communication delivers the most significant wins regarding productivity for small- to medium-sized businesses in the UK. 

The session coincided with new research examining how SMBs can overcome stagnation in 2024. Of the many interesting findings, these were the most compelling for me: Poor management was the top internal barrier to growth, highlighted by over four in ten (45%). This was followed by: Poor communication and lack of collaboration (38%); Lack of motivation (36%); and Employee burnout (33%).

Clearly, whether working in the office or not, communication and collaboration go hand in hand, and these have to improve – for everyone’s sake, with the UK languishing at the bottom of the G7 productivity rankings. 

As the roundtable chair, CEO of Be the Business Anthony Impey, noted, a 1% increase in the UK’s productivity will boost the economy by £95 billion over five years.

The past

Here come the badgers, finally. 

This month, I enjoyed a weekend spa retreat in the New Forest, close to Lymington, where – ironically – the aforementioned Gibbons served as a member of parliament in the 1780s. I stayed five miles due north in Brockenhurst and enjoyed strolling in the countryside, marvelling at deer and wild horses. I was fascinated to learn the (alleged) etymology of Brockenhurst stems from the Celtic for “badger’s home” with the black-and-white nocturnal creatures having been common residents for centuries. 

I was informed that the badgers have, over the years, built an underground tunnel that stretches from Brockenhurst to Lymington. Human attempts to block the way, and collapse the tunnel, have come to nought. The badgers are resilient and inventive, they will always dig around obstacles, and make new tunnels. It struck me that we should all be more like badgers.

Statistics of the month

  • Only 8% of European businesses have adopted AI, whereas the number is over 50% in the United States, according to Cecilia Bonefeld-Dahl, Director General of DIGITALEUROPE.
  • Cisco’s 2024 Data Privacy Benchmark Study shows more than one-quarter of organisations have banned the use of generative AI, highlighting the growing privacy concerns and the trust challenges facing organisations over their use of AI.
  • O.C. Tanner’s 2024 Global Culture Report revealed that less than half of UK leaders (47%) consider their employees when deciding to enact business-wide changes. And just 44% seek employee opinions as changes are rolled out.

Stay fluxed – and get in touch! Let’s get fluxed together …

Thank you for reading Go Flux Yourself. Subscribe for free to receive this monthly newsletter straight to your inbox.

All feedback is welcome, via oliver@pickup.media. If you enjoyed reading, please consider sharing it via social media or email. Thank you.

And if you are interested in my writing, speaking and strategising services, you can find me on LinkedIn or email me using oliver@pickup.media. 

How AI is enabling CFOs and CHROs to work smarter together in an economically uncertain period

Breaking data silos to drive strategy enables HR and finance departments to work in concert – and by removing administrative tasks, and empowering employees with self-service solutions, AI makes their working lives more fun.

November 22, 2023, marked 60 years since Lee Harvey Oswald assassinated John F Kennedy. The 35th president of the United States knew plenty about handling pressure in uncertain times. JFK commanded patrol torpedo boats during World War II, was at the helm during the Cuban Missile Crisis and signed the first nuclear weapons treaty a month before his premature death.

What would the youngest-serving US president have made of modern-day pressures, not least the advancement of AI in the post-pandemic world? Kennedy’s observation that “the Chinese use two brush strokes to write the word ‘crisis’” is perhaps apposite. “One brush stroke stands for danger; the other for opportunity,” he explained. “In a crisis, be aware of the danger – but recognise the opportunity.”

CFOs and CHROs would be wise to heed JFK’s words and recognise the opportunity presented by AI. Admittedly, they have had it more challenging than most since the start of the COVID-19 crisis and during the ongoing cost-of-living crisis. And, considering CFOs and CHROs have seen their list of responsibilities multiply in recent years, they may not have the time or inclination to engage with a technology that, as many predict, will cut human jobs and possibly slaughter humanity, according to some doom-mongering experts.

However, embracing AI enables those operating in these spaces to handle their workload better, focus deeper on identifying and nurturing talent – which is why most HR professionals enter the industry – and manage finances, the chief concern of CFOs.

Further, with more data at their fingertips, both can play more critical roles strategically, working closely together and with other members of the C-suite.

Holistic approach

“The best HR teams impact right across the operations and strategy of organisations and are looking outside them to anticipate the coming challenges and opportunities too,” says Lesley Richards, Head of the Chartered Institute of Personnel and Development (CIPD) in Wales. “It is absolutely right to say that a more holistic approach is necessary. In fact, it’s really hard to create excellence in this type of work without all of the critical elements being well aligned.”

Notably, ‘Will AI fix work?’, a report published in May by Microsoft – which has invested billions of pounds in OpenAI, creator of ChatGPT and DALL-E – suggested it will be the HR professionals, working in concert with finance teams, that can best understand and use AI who will communicate better with workers and improve the overall employee experience. 

As the axiom goes, a happy worker is a productive worker, so it is worth CFOs working closer with CHROs. Increasingly, data-powered AI is the golden thread that binds together their work, enabling smarter decisions around employee recruitment, retention, performance and career development.

While 49 percent of around 30,000 respondents to Microsoft’s global survey reported they were worried that AI would consume their jobs, considerably more (70 percent) wanted to delegate as much work as possible to AI to lessen their loads. “Human-AI collaboration will be the next transformational work pattern,” stated the report.

Clare Barclay, Microsoft UK’s Chief Executive, expanded this theme when she took to the stage at London Tech Week in June. “This wave of AI innovation sweeping the world right now is going to impact the world for generations to come,” she enthused. “It will be the most significant inflection point in our lifetime.”

Avoiding digital debt

The uptake of generative AI, in particular, has been extraordinary. Barclay pointed out that the internet took seven years to reach 100 million users. It took ChatGPT just two months to hit the same number (a record that has since been surpassed by Threads, Meta’s latest social media platform that looks and feels like the channel formerly known as Twitter). 

“This type of adoption has not been seen before and really will disrupt all industries and how they traditionally operate,” continued Barclay. “It will also significantly impact the world of work and how people work.” She cited a PwC study that calculated AI would boost the UK’s GDP by over 10 percent by the end of the decade, equating to an additional £232 billion.

To take advantage of AI, though, finance and HR teams must look up, urged Barclay. Referencing more Microsoft research, she warned that 64 percent of workers didn’t have enough time or energy to complete their daily jobs. “They’re challenged and overwhelmed with the pace of work, burnout and a lack of productivity. We call this deluge of information ‘digital debt’, sapping energy, slowing down the ability to think clearly and severely impacting thinking for innovation.”

AI can assist. “There’s been a lot of discussion about job losses and the impact of AI, but the research showed that leaders around the globe are the least interested in using AI to cut jobs,” said Barclay. “Instead, they believe, and value how, it will help employees to be more productive and focus on more meaningful work, as well as having wellbeing benefits – obviously one of the overheads of this digital debt.”

In short, AI provides finance and HR teams with digital assistants, or ‘copilots’, as Microsoft calls them. “These copilots will help workers manage this digital deluge, prioritise the most important tasks, create compelling content and improve their creativity significantly,” added Barclay. “Ultimately, this is about using this technology to help employees navigate what matters most to them.”

AI as copilot

If used correctly, AI in its various forms will ease the workload for HR and finance teams, says Paris-based Helen Poitevin, Distinguished VP Analyst, HCM at Gartner. “In future, as AI can provide hyper-personalised recommendations and insights around employees, HR professionals will be able to better support staff in creating career development plans, streamlining documentation and improving the onboarding process, among other things.”

Daniel Pell, UKI Country Manager for Workday, says HR departments are already establishing more ‘self-service’ tools for employees that reduce their administration workload. Increasingly, companies empower staff to book holidays via a smartphone application or intranet portal – no need to plead with HR for time off.

Yet, more crucially, learning is not keeping up with the pace of work. According to Work Economic Forum projections, 60 percent of the workforce requires upskilling by 2027, but less than half have access to the necessary training.

Again, AI can help CHROs and, in turn, CFOs. “Using AI to identify and predict skills for prospective and current employees enables more effective job matching and career development,” says Pell. By acting on recommendations surfaced by AI, HR professionals can proactively approach staff that have been in the same role for three years, for instance, to offer an appealing internal move. This engagement extends the employee’s lifecycle within an organisation.

Showing a small amount of recognition can go a long way, too. LinkedIn research found that saying ‘thank you’ to employees four times a year raised their retention rate to 96 percent. With AI, HR teams can prompt managers to celebrate their team members’ contributions.

Additionally, frequent pulse surveys allow HR teams to monitor the morale and sentiments of individuals, providing them with the data needed to make necessary improvements or interventions before a situation is irreparable and costly.

Given Gallup’s most recent ‘State of the global workplace’ report found that 2022’s 23 percent employee engagement was a record high, there is significant room for improvement in this area. But by using AI to boost this figure, CHROs and CFOs working in tandem will become the beating heart of company strategy in the digital age.

This article was first published in Workday’s SmarterCFO magazine in autumn 2023

Is 5G the key to a truly digital society?

A panel of experts – including Vodafone UK, NatWest’s Boxed and Google – say asset tracking and optimising connected buildings and vehicles are some of the more encouraging 5G use cases, but we need better collaboration and storytelling to narrow the digital divide and create a truly digital society in the UK

Nick Gliddon, Vodafone UK’s director of business, argues that 5G is crucial to help both communities and businesses make swift and wide-ranging progress. Earlier this year, Vodafone research calculated that having a best-in-class 5G network in the UK would deliver up to £5 billion a year in economic benefit by 2030. 

An additional study of 2,000 UK adults suggested Britons believe 5G can improve society more than AI. The survey found healthcare (31%), utilities like energy and water (21%), and railways (20%) were key sectors that will benefit most from 5G.

Empowering people is the beating heart of a digital society, and Gliddon says 5G can help this on five fronts. It will improve connectivity, video capabilities, business applications, immersive experiences, and digital-twin technology, which is a digital representation of a physical process, portrayed in a digital version of its environment.

As a digital society grows in the UK, there are also opportunities for businesses. “A truly digital society is one where individuals, platforms and utilities are seamlessly interconnected,” says Tom Bentley, head of growth at Boxed, NatWest’s banking-as-a-service platform. “Cloud and 5G technologies provide a better customer service experience where the fulfilment of product or utilities can be instant, compared with the existing physical processes of the past.” He adds that such service “fundamentally relies on quality data combined with strong interconnectivity”.

Ben Shimshon, co-founder and managing partner at Thinks, an insight and strategy consultancy, notes that some UK organisations – especially SMEs – are taking advantage of the opportunities opened up by better connectivity piecemeal, and often more slowly. “Some 99.4% of businesses in the UK have fewer than 50 employees, and three quarters of those are sole traders with no employees. A lot of them are doing predominantly offline things like scaffolding or running a shop,” he says. Many find the notion of a digital society “quite daunting”.

Clear business benefits

Part of the challenge is articulating the advantages of greater connectivity to time-pressed leaders of micro-businesses, not least because many are content with the status quo and incentives for digital adoption remain limited, says Bentley.

Still, those gaining digital access see clear benefits, Shimshon says, such as faster invoicing and payments to improve cash flow. Digital adoption happens gradually for many SMEs as new technologies like card readers are embraced, leading to incremental improvements across operations.

Matthew Evans, director for markets at the UK’s technology trade association techUK, argues that practical needs – like freeing up leisure time by streamlining admin – will resonate more with time-poor SME owners than abstract efficiency promises. “Think of that scaffolder who much prefers to watch his son playing football than doing his company accounts,” he says. “That needs to be the pitch: these digital tools will free up that time.”

Victoria Newton, chief product officer of Engine, Starling Bank’s software-as-a-service arm, agrees the focus should be on practically solving business problems rather than leading with technology. She highlights how Starling has transformed business banking by enabling round-the-clock digital financial services, through building a proprietary cloud-based banking infrastructure, Engine, from scratch. “Starling was able to do this, take our technology and imbed it within banks in countries starting that digital revolution themselves.”

Customer choice 

As society becomes increasingly digital, though, the group acknowledged organisations must put citizens first. For example, Newton believes customer choice is paramount – some may opt for online self-service, but others still want human contact through banks, branches or contact centres. Top-down measures to increase digital capabilities risk excluding the most digitally disenfranchised without affordable options, she adds.

Another barrier to progress, says British Chambers of Commerce director Faye Busby, is that “people naturally don’t like change”. She highlights research, published in collaboration with Xero at the start of the year, showing that 75% of businesses believe their “broadband and general connectivity is very reliable”, suggesting they don’t realise what more connectivity could achieve for them. They underestimate the potential of a digital society.

Again, 5G has the power to electrify a digital society, but only once more people realise the good work that is going on. Several examples demonstrate 5G networks unleashing transformative applications, and most have been made possible thanks to visionary partners.

Gliddon calls Coventry “the most advanced 5G city in the UK”, partly because the city council, who have collaborated with Vodafone for almost a decade, is so progressive. The council gained smart-city capabilities by providing planning assistance to deploy 5G antennas rapidly, improving traffic flow, air quality monitoring and municipal operations. Coventry is creating a smart energy grid to better manage local renewable power generation by building on these digital foundations.

Coventry University is also the first in the UK to successfully deploy a 5G Standalone network. The forward-thinking council mandated 5G labs at Coventry University to support next-generation teaching in subjects like healthcare and engineering. Students can now access immersive learning through technologies like virtual reality. 

For instance, healthcare students are using virtual reality and augmented reality to explore the human body like never before. Professors at the university use a headset and 5G allows them to access any part of the body during a lesson, making points and taking questions from students in real time, making the teaching experience much more flexible and interactive.

Elsewhere, for environmental services provider Veolia, 5G enables real-time asset tracking. Veolia’s head of digital strategy and innovations, Chris Burrows, outlines how sensors on the company’s recycling-collection trucks can ensure it takes 16.5 seconds – or fewer – to complete a bin empty, identify potholes, and build air-quality maps across cities. 

CCTV cameras on Veolia’s trucks also use edge computing to pinpoint potential collisions, analysing footage instantly. “It effectively gives you a threat-to-life score,” he says. This facilitates rapid accident responses while providing evidence against false claims. Burrows emphasises that realising these benefits requires a supportive company culture and employees willing to act on data insights.

Meanwhile, techUK’s Evans lists encouraging 5G deployments in areas like ports and hospitals to manage assets and workforces. “The NHS wastes £300 million a year on medicine, at least half of which is avoidable, and is down to fridges breaking down, or drugs being left outside for too long. Better asset tracking would change that.”

Evans says, though, that if 5G is going to be successful and become “the digital fabric in the digital society”, there must be large-scale rollouts targeting enterprise use cases.

Daniel Peach, head of digital acceleration programmes at Google, predicts that greater 5G adoption will spur many new business models and opportunities. “It might seem minor, but there are a lot of buildings we don’t have data for,” he says. “There is a use case of energy optimisation and moving beyond motion sensors. If you track that centrally, you can entirely shut off parts of the building when it’s not in use. There is so much scope for innovation around connected buildings and connected vehicles.”

Cut the jargon

To accelerate the move to a digital society, there are a number of barriers to overcome. Gliddon stresses the need for appropriate language to explain digital innovation in an engaging, sector-specific way. This chimes with Busby, who believes unclear terminology, such as “connectivity”, remains a barrier, with many unable to grasp its meaning.

The energy demands of an increasingly data-driven society must be addressed. For Burrows, “digital sobriety” is needed regarding endless data storage and transfer. Peach expects 5G’s carbon impact to fall, being more efficient than 3G or 4G.

Finally, significant investment is required for the digital society – nationwide 5G coverage comes at a cost. Currently, telecoms operators are largely being asked to fund its deployment alone and forecasts suggest there is a hole of £25-30 billion if the industry is to meet Government expectations. This is one of the reasons why Vodafone and Three have announced plans to merge. If approved – a merged company would have the necessary scale to invest in creating one of Europe’s most advanced 5G networks. Vodafone says it would invest £11 billion in the network over the next decade and take 5G Standalone to 99% of populated areas by 2034.

Ultimately, while the core network technology promises significant performance improvements, realising technological potential requires careful human and organisational transformation. Joined-up thinking and greater collaboration between telcos, academia, the public and private sector, and telling compelling stories that persuade businesses to embrace digital innovation is vital to unleashing 5G’s possibilities and building an inclusive and sustainable digital society.

This article was first published by Raconteur, in November 2023, following an in-person roundtable event that I moderated

Cloud migration: doing more with less

To remain competitive and relevant, take advantage of nascent technologies like generative artificial intelligence, and accelerate business-critical innovation, leaders must move to the cloud, according to experts

Businesses across all industries have steadily been quickening their march to cloud computing over the last handful of years. Now, in an increasingly digitalised post-pandemic world, they are fully charging. With an economic downturn looming, there is an urgent need to innovate, reduce costs, bolster security, access on-demand scalability, and optimise resource use – all enabled by the cloud. 

According to Gordon McKenna, vice president of Cloud Evangelist and Alliances at Ensono, a global hybrid IT managed service provider, the explosion of generative artificial intelligence has only boosted the business case. “Generative AI is the biggest game changer,” he says. “The technology is not new, but now anyone can take advantage of pre-programmed language models. It has lowered the barrier to entry and is transforming everything.”

McKenna uses ChatGPT to help “write emails and documents”, saving “hours” of his time. He continues: “It’s the next wave of IT, and it allows people to do more with less by aiding them to do their jobs quicker and better.” His mantra is “be a disruptor or be disrupted”, and he argues that companies operating in the cloud stand to gain the most from generative AI and other nascent technologies. “Business leaders will accelerate to the cloud because they want to be AI-ready and aggregate their data securely on a modern platform.”

Harry Margiolakiotis, managing director of engineering at Thought Machine, a fintech company that builds cloud-native technology mainly for the financial services industry, says his company can maximise the potential of generative AI “because we are in the cloud and all cloud providers are currently rushing to offer gen AI services”. He explains: “Otherwise, we would have to set up all sorts of infrastructure to reach that point, to be able to use and experiment with these breakthrough technologies.”

Need for speed

Thought Machine’s clients stand to benefit. “The cycle of [digital core banking projects] going live is typically years, but thanks to the cloud and the software agility, this is now happening within five months,” says Margiolakiotis. “Having a live bank with half a million customers in single-digit months is unprecedented. It’s impossible to achieve this on-premise.”

Margiolakiotis says other pluses make it a compelling argument. “A cloud strategy for any business is one of the safest ways to stay competitive and relevant,” he says. “But you need to design it well. A ‘lift-and-shift’ approach is a start, but becoming cloud native is the best way to leverage the available technologies and on the way attract top talent too.”

The need for speed is evident for Nigel Gibbons, director and senior advisor at NCC Group, a Manchester-headquartered cybersecurity firm. “The business world is shifting fast,” he says. “Before the pandemic, I would have advised organisations to take baby steps, but you actually need to hit the accelerator. Organisations that can operate to the edge of their risk envelope should commit to the cloud faster due to a raft of benefits. We can now take monolithic applications, old-legacy stuff, and transform them at a speed that no one appreciated a couple of years ago.”

Moreover, yesterday’s model won’t be fit for tomorrow – beware the cloud paradigm of doing more for less – the reality is to prepare to be ‘doing more with more’ and expediting innovation for growth. Yet, a certain amount of caution is required regarding mindset and expertise, Gibbons warns. “Moving to the cloud resets trust, resets risk, resets all those parameters you formerly operated under on-premise,” he says. “Too many organisations who have rushed to the cloud have gotten themselves into awkward situations, where they thought they could float the traditional control frameworks, models, and ways of operating.”

Data privacy concerns

Gibbons notes one of the “biggest areas of opportunity around cloud is driving down risk and taking organisations into a new band of profitability and innovation by understanding what true risk potential exists”. Additionally, cloud “brings a significant step up in terms of advanced end-to-end security capabilities, which few organisations realise”.

Meanwhile, a somewhat frustrated Nathan Hayes, IT director of global law firm Osborne Clarke, points out that the legal industry is generally slow to adopt new technologies. “Our cloud-first approach is very much appended with the term ‘where possible’,” he says, identifying two barriers to progress. “One is our clients, a few of whom are remarkably opposed to cloud services. And regulators in some jurisdictions are still a bit in the dark ages.”

With data privacy especially a concern for law firms, Osborne Clarke is in the process of “setting up ring-fenced, Microsoft-Azure-hosted OpenAI tools” to experiment and secure data in the cloud, says Hayes. He stresses the dangers of relying on AI, though, and references a recent case whereby a US attorney submitted a court brief with false – and unchecked – citations generated through ChatGPT. This cautionary example emboldened the theme that it’s best to be prudent in the legal profession. “It’s all about trust,” says Hayes. “If you can’t trust your lawyers, who can you trust?”

Mark Howard, head of technology engineering at Nuffield Health, the UK’s largest healthcare charity, reveals similarly modest advancements in this area, where they are actively growing the expertise. “We are making steady progress on our cloud journey, and de-risking is a big part of what we want to do,” he says. “We’re not a technology company, so for us it’s also about bringing the strategic importance of cloud migration to life for our wider business, as well as influencing organisational change. You have to go in with eyes open, and acknowledge that it’s a conscious decision made for good reasons, with a continual focus on addressing risk.”

Indeed, Hayes challenges the notion that businesses in the cloud can do more with less. “I’m finding that we can do much more, but it’s costing much more, too.”

Long-term value

Perhaps Elon Musk would sympathise with this observation, given that the cost-cutting billionaire allegedly stopped paying Google Twitter’s $300 million (£236 million) a year bill for cloud services, possibly leading to disastrous user limitations when the contract expired on July 1. 

In response to Hayes, Gibbons says: “In industries constrained by compliance and regulation, the cloud offers such potential for business resilience, but without care the cost can become exponential.” 

He argues that the return on investment is significant but not immediate. “Yes, there is an increasing cost, but that cost should be offset against the potential you realise as a business,” Gibbons says. “Because utility-based computing – which is what the cloud is – allows me to realise the innovation, the untapped potential, the intellectual property in my people’s heads. Ultimately, survival in the digital economy depends on organisations making that shift.”

Dane Buchanan, global director of data, analytics and tech at M&C Saatchi Performance, is more optimistic about generating efficiencies and value from the cloud. Companies can do more with less “by continuously monitoring and optimising their cloud resources”, scaling up or down based on demand, he counters. 

“Media agencies and the cloud go hand in hand, as we have to be dynamic and deal with a multitude of clients worldwide,” says Buchanan. Ingesting data across many markets brings its own set of challenges, particularly when it comes to where we store data and how we navigate region-specific data regulations. Working in the cloud gives us the flexibility we need to spin up data centres based on individual clients requirements. 

For M&C Saatchi Performance, most of their tech resides within Amazon Web Services. “We’ve enabled auto-scaling and utilise AWS Forecast for proactive planning,” says Buchanan. To illustrate his point, he turns the key on a car analogy. “Think of data as fuel; without it, the vehicle will not move. The cloud enables you to get the most out of that data. But this requires proper data governance and labelling an area in which many companies have underinvested. Cloud-based SaaS products typically offer greater flexibility, security, and more frequent updates when compared to traditional software.”

Cloud innovation for good

Security is a theme taken up by Ensono’s McKenna. A recent visit to Microsoft’s data centre in Dublin proved reassuring. “There are tank traps leading up the entrance,” he says. “There are only five people in the entire building – four of whom are security staff, and the other is a guy collecting discs for destruction. Then it’s biometric control to enter, and you are weighed in and out, just in case you have picked up a disc. How can you be more secure than that, on-prem?”

Aside from physical security, the cloud is secure in other ways, says Nathaniel Jones, director of strategic threat and engagement at global cybersecurity firm Darktrace. He dismisses the so-called quantum apocalypse – the concept that encrypted data that has been captured and stored until it can be decrypted – as a concern for the immediate term. Gibbons agrees: “This is one of the reasons for migrating to the cloud: my data lake will always be up to the latest standard around encryption.”

“A more pressing issue is for businesses to understand themselves, their own infrastructure and high-value assets, in the transition to a cloud-first approach,” said Jones. “A zero trust cloud model that continuously monitors the organisation’s internal and external attack surface will help cost-wise but also take advantage of the shared responsibility model in cyber risk transference.”

While tech will possibly save the world, there is certainly an element of digital Darwinism for businesses to contend with, Jones adds. “From an IT perspective, if you’re not moving to the cloud, your business will die,” he concludes.

This article was first published by Raconteur, following an in-person roundtable event that I moderated in June 2023

How artificial intelligence is making HR more human

HR teams are already using AI-based tech to communicate better with employees, improve career mobility inside their organisations and make well-timed authentic acknowledgements of people’s contributions

How many HR managers acknowledged Artificial Intelligence Appreciation Day on 16 July? It probably passed unnoticed by most, considering the ever-growing list of tasks demanding the profession’s attention.

Even if they did have a minute to look up from their work and appreciate the power of this fast-developing technology, is there any reason to celebrate something that’s likely to put millions of people out of a job? 

‘Yes’ should be the answer to that question. AI’s ability to automate certain tasks and reduce administrative workloads promises to make the HR practitioner’s role more human. Embracing AI should free professionals in this space to devote more time and energy to identifying talent and nurturing it, which is why most people enter the field in the first place. And, with more and better information at its fingertips, the function could play a more holistic and strategically important role.

But have HR teams become too overloaded with extra work to take this great opportunity? 

How HR’s role has expanded

During the Covid crisis, HR teams were “mostly in survival mode”, says Dr Aaron Taylor, head of Arden University’s School of Human Resource Management. “As well as figuring out how employees could work from home, they needed to provide extra support for their mental and physical wellbeing while adhering to health guidelines.”

Progressive organisations will start to broaden how they use generative AI and it will benefit both employees and HR teams

He points out that, thanks to shifting workforce trends, many HR leaders were involved in C-level decisions to keep companies functioning, as well as to handle restructuring operations and redundancy programmes. 

“The profession’s evolution over the past 25 years – from ‘pay and rations’ to the strategic role it plays today – has, quite possibly, been more radical than that of any other business function,” Taylor argues.

Eric Mosley, co-founder and CEO of HR software firm Workhuman, agrees that HR has gone through “a very hectic, chaotic time. There’s been a complete whiplash, with trends veering from one direction to another.” 

Outlining the chaotic nature of the Covid era, Mosley points to remote working, back-to-office mandates, quiet quitting, loud quitting, the great resignation and, as economic uncertainty prevails, the so-called big stay.

AI’s part in the future of HR

Helen Poitevin is a distinguished vice-president and analyst focusing on HR tech at research giant Gartner. She says that “a debate is raging about the future of work between ‘explorers’, who embrace new tech and ways of working, and ‘restorers’, who believe companies should be using tried and tested methods. AI has emerged as one of the disruptive technologies at the heart of this conversation.”

Poitevin reports that AI is already playing a role in HR operations ranging from policy-making to recruitment. A global survey of HR leaders published by Gartner in July indicates that 5% have implemented generative AI, for instance, while 9% are piloting its use. 

“In the future, progressive organisations will start to broaden how they use generative AI. It will benefit both employees and HR teams,” she predicts. “A quarter of HR leaders are planning to use it to create hyper-personalised career development plans, for instance.”

Poitevin adds that HR professionals can, when equipped with the right tech, “better understand employees and so provide more human advice” that’s better tailored to each person’s needs. 

Taylor agrees that the profession has been placing greater emphasis on understanding employees as people. “There is much more importance on the ‘human’ aspects of HR now, especially when looking at employee experience,” he says. “This is no longer solely about ensuring regulatory compliance. This is about going that extra mile to know what makes employees tick and how that aligns with the company’s overall strategy.”

Skills development and career progression

While it’s never exactly been strong, the quality of communications between HR and the shop floor has worsened in recent years. New research by data science consultancy Profusion indicates that only 24% of employees are “fully comfortable” discussing workplace problems with the HR team, for example. 

Profusion’s CEO, Natalie Cramp, notes that the pandemic-induced shift towards remote working has “severely hampered the relationship between workers and their HR representatives, eroding any sense of trust and understanding”. 

This is about going that extra mile to know what makes employees tick and how that aligns with the company’s overall strategy

A study published in May by Microsoft, which has invested heavily in generative AI, argues that HR practitioners who understand the technology and use it well will become better communicators with the power to improve the employee experience. 

“Human-AI collaboration will be the next transformational work pattern,” the research report predicts, proposing the notion of using AI as a “co-pilot”. 

How would such co-piloting work in practice? Take the use of so-called writer’s block AI to improve communications between HR and the workforce, for instance. This technology uses relevant information about the company and its employees to personalise messages and deliver these in the appropriate tone.

An HR team can work alongside AI to map out possible career paths for people in the organisation. For instance, the technology might spot hidden potential in an employee who’s been flying under the radar and prompt the team to alert that individual to an appealing internal role that would suit their talents and offer them a valuable development opportunity.

AI can enable better employee recognition

AI can also aid employee recognition – a wellbeing-boosting intervention that can be as simple as thanking someone publicly, yet is lacking in many workplaces. LinkedIn has reported achieving a 96% retention rate among employees whose work was acknowledged at least four times a year. With the prompting of AI, HR teams can recognise and celebrate the contributions (or life events) of employees or ask their line managers to do so.

“Recognition is an authentic, honest moment, where someone expresses genuine gratitude for another’s work,” Mosley says. “That connection can build relationships and community.” 

He stresses that recognition has the greatest impact when it is “fulfilled, authentic, embedded in the culture, individualised and equitable”. Again, AI tools can help HR practitioners with all of this, enabling them to convey heartfelt messages of encouragement when it matters to the recipients.

Research by Workhuman suggests that giving recognition is mutually beneficial. Managers who have done so in the past two months are more likely than those who haven’t to love their jobs (75% versus 48%) and identify as highly engaged (89% versus 64%).

Building on this last data point, Gallup’s most recent State of the Global Workplace report pegged employee engagement at about 23% last year. Given that this was the highest recorded percentage since the company started gathering such data in 2009, there is clearly significant room for improvement. 

Now, thanks to AI, HR teams have no excuse not to be more human in the digital era, recognise the good work of others and gain job satisfaction in the process.

This article was first published by Raconteur, as part of Future of HR special report in The Times, in July 2023

Remote working and ChatGPT fuel rise in people doing multiple jobs on the hush-hush

Conditions have never been more favorable for canny workers looking to make the digital equivalent of hay while the sun shines. 

The work trends precipitated by the pandemic fallout, including a shift to remote working and flexible hours, combined with the launch of generative artificial intelligence, mean that those looking to make a lot of dollars on the sly can do so without fear of incrimination.

The latest findings from the job platform CV-Library revealed that 58% of U.K. workers planned to take on a side hustle this year – and that was only the people being truthful about their ambitions. According to the study, the desire for additional income through secondary employment was driven by job security (62%) and earning more money (38%).

The evolution of measuring productivity from a time-based to an output-based metric, plus asynchronous communications – and not needing to be visible online at all times – make the system ripe to be gamed by over-employed workers. 

As @Oxgaut rather gloatingly posted on Twitter on Apr. 5: “If you’re not working multiple remote jobs with ChatGPT, you’re leaving money on the table.” The accompanying image to the post – also used above – showed an empty swivel chair in front of a James Bond baddie-like bank of 10 monitors showing maps, graphics, and lines of computer code. 

The full version of this article was first published on Digiday’s future-of-work platform, WorkLife, in April 2023 – to read the complete piece, please click HERE.

How generative AI is muddying copyright laws – what businesses need to know

Elon Musk and almost 4,000 high-profile signatories, including engineers from Amazon, DeepMind, Google, Meta, and Microsoft, attempted to halt the giddying acceleration of generative artificial intelligence in an open letter published in late March.

“Recent months have seen AI labs locked in an out-of-control race to develop and deploy ever more powerful digital minds that no one – not even their creators – can understand, predict, or reliably control,” read the letter. “Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable.”

Everyone should take note when the brightest human – rather than machine – minds are demanding progress be paused. But has the bot not already bolted? And considering the possible competitive advantages if rivals opt to down AI tools, will the temptation to continue pushing the boundaries of technology beyond their current limits not be too irresistible for business leaders?

Many have wasted little time embracing ChatGPT, a large-scale language model fed 300 billion words by developer OpenAI that is “confidently incorrect,” and DALL-E, a similar tool that generates images rather than words. While interest has surged in the former, potentially the bigger, creepier issues are around the latter, specifically copyright infringements. 

The full version of this article was first published on Digiday’s future-of-work platform, WorkLife, in April 2023 – to read the complete piece, please click HERE.

Leaders are blindly ignoring the dangers of ‘confidently incorrect’ AI – and why it’s a massive problem

Why don’t scientists trust atoms? Because they make everything up. 

When Greg Brockman, president and co-founder of OpenAI, demonstrated the possibilities of GPT-4 – Generative Pre-trained Transformer 4, the fourth-generation autoregressive language model that uses deep learning to produce human-like text – upon launch on Mar. 14, he tasked it to create a website from a notebook sketch. 

Brockman prompted GPT-4, on which ChatGPT is built, to select a “really funny joke” to entice would-be viewers to click for the answer. It chose the above gag. Presumably, the irony wasn’t purposeful. Because the issues of “trust” and “making things up” remain massive, despite the incredible yet entrancing capabilities of generative artificial intelligence. 

Many business leaders are spellbound, stated futurist David Shrier, professor of practice (AI and innovation) at Imperial College Business School in London. And it was easy to understand why if the technology could build websites, invent games, create pioneering drugs, and pass legal exams – all in mere seconds.

Those impressive feats are making it more challenging for leaders to be clear-eyed, said Shrier, who has written books on nascent technologies. In the race to embrace ChatGPT, companies, and individual users, are “blindly ignoring the dangers of confidently incorrect AI.” As a result, he warned that significant risks are emerging as companies rapidly race to re-orient themselves around ChatGPT without being aware of – or ignoring – the numerous pitfalls.

The full version of this article was first published on Digiday’s future-of-work platform, WorkLife, in March 2023 – to read the complete piece, please click HERE.

WTF is the Turing trap – and how businesses that embrace AI can avoid it

All the recent chatter about ChatGPT and advancements in generative artificial intelligence has been impossible to avoid for business leaders. More than ever, they are being urged to embrace AI. 

True, if used correctly, it can improve efficiencies and forecasting while reducing costs. But many people make the mistake of thinking AI could – and should – be more human. 

Science-fiction tropes do not help this perception. Additionally, Alan Turing’s famous test for machine intelligence, proposed in 1950, has conditioned us to think about this technology in a certain way. Originally called the imitation game, the Turing test was designed to gauge the cleverness of a machine compared to humans. Essentially, if a machine displays intelligent behavior equivalent to, or indistinguishable from, that of a human, it passes the Turing test.

But this is a wrongheaded strategy, according to professor Erik Brynjolfsson, arguably the world’s leading expert on the role of digital technology in improving productivity. Indeed, the director of the Digital Economy Lab at the Stanford Institute for Human-Centered AI recently coined the term the Turing trap, as he wanted people to avoid being snared by this approach.

So what exactly is the Turing trap?

The full version of this article was first published on Digiday’s future-of-work platform, WorkLife, in March 2023 – to read the complete piece, please click HERE.

Stanford professor on the AI skills gap and the dangers of exponential innovation

ChatGPT and its ilk represent a welcome quantum leap for productivity, according to eminent AI expert professor Erik Brynjolfsson. But he adds that such rapid developments also present a material risk

Erik Brynjolfsson is in great demand. The US professor whose research focuses on the relationship between digital tech and human productivity is nearing the end of a European speaking tour that’s lasted nearly a month. Despite this, he’s showing no signs of fatigue – quite the opposite, in fact. 

Speaking via Zoom as he prepares for his imminent lecture in Oxford, the director of the Digital Economy Lab at the Stanford Institute for Human-Centered AI is enthused by recent “seminal breakthroughs” in the field.

Brynjolfsson’s tour – which has included appearances at the World Economic Forum in Davos and the Institute for the Future of Work in London – is neatly timed, because the recent arrival of ChatGPT on the scene has been capturing human minds, if not yet hearts. 

The large-scale language model, fed 300 billion words by developer OpenAI, caused a sensation with its powerful capabilities, attracting 1 million users within five days of its release in late November 2022. At the end of January, Microsoft’s announcement of a substantial investment in OpenAI “to accelerate AI breakthroughs” generated yet more headlines. 

ChatGPT’s popularity is likely to trigger an avalanche of similarly extraordinary AI tools, Brynjolfsson predicts, with a possible economic value extending to “trillions of dollars”. But he adds that proper safeguards and a better understanding of how AI can augment – not replace – jobs are urgently required.

What’s next in AI?

“There have been some amazing, seminal breakthroughs in AI lately that are advancing the frontier rapidly,” Brynjolfsson says. “Everyone’s playing with ChatGPT, but this is just part of a larger class of ‘foundation models’ that is becoming very important.”

He points to the image generator DALL-E (another OpenAI creation) and lists similar tools designed for music, coding and more. Such advances are comparable to that of deep learning, which enabled significant leaps in object recognition a decade ago. 

“There’s been a quantum improvement in the past couple of years as these foundational models have been introduced more widely. And this is just the first wave,” Brynjolfsson says. “The folks working on them tell me that there’s far more in the pipeline that we’ll be hearing about in the coming weeks.”

As much as I’m blown away by these technologies, the bottleneck is our human response

When pushed for examples of advances that could shape the future of work, he reveals that Generative Pre-trained Transformer 3 (GPT-3) – the language model that uses deep learning to emulate human writing – will be superseded by GPT-4 “within weeks. This is a ‘phased change of improvement’ compared with the last one, but it’ll be even more capable of solving all sorts of problems.” 

Elsewhere, great strides are being made with “multi-agent systems” designed to enable more effective interactions between AI and humans. In effect, AI tech will gain the social skills required to cooperate and negotiate with other systems and their users. 

“This development is opening up a whole space of new capabilities,” Brynjolfsson declares.

The widening AI skills gap

As thrilling as these pioneering tools may sound, the seemingly exponential rate of innovation presents some dangers, he warns. 

“AI is no longer a laboratory curiosity or something you see in sci-fi movies,” Brynjolfsson says. “It can benefit almost every company. But governments and other organisations haven’t been keeping up with developments – and our skills haven’t either. The gap between our capabilities and what the technology enables and demands has widened. I think that gap will be where most of the big challenges – and opportunities – for society lie over the next decade or so.”

Brynjolfsson, who studied applied maths and decision sciences at Harvard in the 1980s, started in his role at Stanford in July 2020 with the express aim of tackling some of these challenges. 

“We created the Digital Economy Lab because, as much as I’m blown away by these technologies, the bottleneck is our human response,” he says. “What will we do about the economy, jobs and ethics? How will we transform organisations that aren’t changing nearly fast enough? I want to speed up our response.”

Brynjolfsson spoke passionately about this subject at Davos in a session entitled “AI and white-collar jobs”. In it, he advised companies to adopt technology in a controlled manner. Offering a historical analogy, he pointed out that, when electricity infrastructure became available about a century ago, it took at least three decades for most firms to fully realise the productivity gain it offered because they first needed to revamp their workplaces to make the best use of it. 

“We’re in a similar period with AI,” Brynjolfsson told delegates. “What AI is doing is affecting job quality and how we do the work. So we must address to what extent we keep humans in the loop rather than focus on driving down wages.”

Why AI will create winners and losers 

The risk of technology racing too far ahead of humanity for comfort is a familiar topic for Brynjolfsson. In both Race Against the Machine (2011) and The Second Machine Age (2014), he and his co-author, MIT scientist Andrew McAfee, called for greater efforts to update organisations, processes and skills. 

AI can benefit almost every company. But governments and other organisations haven’t been keeping up with developments – and our skills haven’t either

How would he assess the current situation? “When we wrote those books, we were optimistic about the pace of technological change and pessimistic about our ability to adapt,” Brynjolfsson says. “It turns out that we weren’t optimistic enough about the technology or pessimistic enough about our institutions and skills.”

In fact, the surprising acceleration of AI means that the “timeline for when we’ll have artificial general intelligence” should be shortened by decades, he argues. “AGI will be able to do most of the things that humans can. Some predicted that this would be achieved by the 2060s, but now people are talking about the 2030s or even earlier.”

Given the breakneck speed of developments, how many occupations are at risk of obsolescence through automation? 

Brynjolfsson concedes that the range of roles affected is looking “much broader than earlier thought. There will be winners and losers. Jobs will be enhanced in many cases, but some will be eliminated. Routine work will become increasingly automated – and there will also be a flourishing of fantastic creativity. If we use these tools correctly, there will be positive disruption. If we don’t, inequality could deepen, further concentrating wealth and political power.” 

How to apply AI in the workplace

How, then, should businesses integrate AI into their operations? First, they must avoid what Brynjolfsson has labelled the Turing trap. 

“One of the biggest misconceptions about AI – especially among AI researchers, by the way – is that it needs to do everything that humans do and replace them to be effective,” he explains, arguing that the famous test for machine intelligence, proposed by Alan Turing in 1950, is “an inspiring but misguided vision”.

Brynjolfsson contends that a “mindset shift” at all levels – from scientists and policy-makers to employers and workers – is required to harness AI’s power to shape society for good. “We should ask: ‘What do we want these powerful tools for? And how can we use them to achieve our goals?’ The tools don’t decide; we decide.”

One of the biggest misconceptions about AI is that it needs to do everything that humans do and replace them

He adds that many business leaders have the wrong attitude to applying new tech in general and AI in particular. This amounts to a “pernicious problem”. 

To illustrate this, he cites Waymo’s experiments with self-driving vehicles: “These work 99.9% of the time, but there is a human safety driver overseeing the system and a second safety driver in case the first one falls asleep. People watching each other is not the right path to driverless cars.”

Brynjolfsson commends an alternative route, which has been taken by the Toyota Research Institute, among others. When he was in Davos, the institute’s CEO, Dr Gill Pratt “told me how his team has flipped things around so that the autonomous system is used as the guardian angel. Creating a self-driving car that works in all possible conditions is tough, but humans can handle those exceptions.” 

With a person making most decisions in the driving seat, the AI intervenes “occasionally – for instance, when there’s a looming accident. I think this is a good model, not only for self-driving cars, but for many other applications where humans and machines work together.” 

For similar reasons, Brynjolfsson lauds Cresta, a provider of AI systems for customer contact centres. Its products keep humans “at the forefront” of operations instead of chatbots, whose apparent Turing test failures continue to frustrate most people who deal with them. 

“The AI gives them suggestions about what to mention to customers,” he says. “This system does dramatically better in terms of both productivity and customer satisfaction. It closes the skills gap too.”

Does Brynjolfsson have a final message for business leaders before he heads off to give his next lecture? “We need to catch up and keep control of these technologies,” he says. “If we do that, I think the next 10 years will be the best decade we’ve ever had on this planet.”

This article was first published by Raconteur, as part of the Future of Work special report in The Times, in February 2023

The best business uses for automation

Every business leader knows that robotics and AI can reduce operating costs and free up employees for more enjoyable tasks. But how is automation fitting into common business functions?

Finance

Finance professionals spend a chunk of their time collecting, tracking and chasing receipts and invoices – up to 2.7 working days every month, according to research by spend management specialists Moss. Yet up to 16 working hours for every 100 transaction-related tasks could be saved by adopting an automated spend management platform. That’s according to Saray Hamarneh, strategy and business development manager at Moss.

Waste-management company Biffa has triumphed after binning its old cash-collection system. Emily Munnoch, the firm’s finance director for shared services, explains that an AI-powered order-to-cash platform has helped to secure and accelerate cash flow – by expediting invoice payments and managing disputes and credit risk. “Our dunning success rate has improved by 22.5%, which has reduced overdue debt and improved cash flow for the business,” she says.

And there are further benefits. “All of our credit controllers love using the platform, and it has enhanced customer communications because we can now communicate electronically with more than 99% of our customer base,” she adds.

Elsewhere, Ilija Ugrinic, commercial solutions director at Proactis, an international payments software business, offers two examples. His company saved Screwfix £100,000 year-on-year after introducing “one standardised, integrated automation solution that streamlined receipt, approval and exception handling”. Additionally, Wigan Council, which deals with around 90,000 invoices a year, improved invoice processing by 66% using Proactis’ solution and generated an annual saving of £120,000.

HR and recruitment

Shayne Simpson is managing director of TechNET IT Recruitment. He admits that he took a risk in choosing a solution that automates recruitment processes and communication with candidates using staffing software company Bullhorn’s cloud-based platform. But he insists that the gamble has paid off. 

“In the last six months we have saved 28,609 hours, sent 144,269 automatic emails with a 53% read rate, and sent 45,852 texts,” says Simpson. “All of this equates to the admin of 30 full-time consultants being completed by a robot every month.”

Jason Heilman is Bullhorn’s senior vice-president for automation, AI and talent experience. He points out that the average recruitment firm currently automates more than 20,000 emails, texts, updates, notes and tasks each year. “Cumulatively, this represented an estimated saving of 2.5 million employee hours in 2021 alone, equal to freeing up three hours every day per recruiter,” he says.

Chris Underwood, managing director for executive search consultancy Adastrum, though, is ambivalent. “It’s important to question the reliability of AI in implementing the diversity and inclusion agenda during recruitment,” he warns. “Take Amazon, for example, which no longer uses AI in HR as it discovered its AI-driven candidate screening discriminated against women.

“Removing the human element from HR will only frustrate and limit the candidate’s company experience if interviews are robotic.”

Legal and compliance

The legal sector has been slow to take up AI and robotics. “The scope for efficiencies in legal processes is staggering,” says Jonathan White, legal and compliance director at National Accident Helpline. “While law firms have been behind the curve, we’re beginning to see significant advantages, particularly in automating processes around creating documents with common features such as non-disclosure agreements.” JPMorgan’s contract analysis solution, Coin, can reportedly complete 36,000 hours’ worth of legal work in mere seconds, White explains.

Tom Dunlop, co-founder and CEO of legal tech developer and provider Summize, claims to have developed the world’s first integrated contract lifecycle management solution. “The average reported time to review one contract manually is approximately 92 minutes,” he says. “With large organisations managing an average of 350 contracts each week, speeding up this process makes a huge difference.” Summize’s product, which uses AI and natural language processing, means a contract can be created in under two minutes and then the first-pass review in under five minutes. “Clients report time savings of 85% or more compared to manual processes,” he adds.

With nearly a quarter of a million legal contracts stored within one central system, Elliott Young, chief technology officer at Dell Technologies UK, required such a solution. “The legal team was reading approximately 800 contracts per quarter, so processing the repository would have taken 212 quarters or 53 years,” he says. Instead, a proof-of-concept system that combined AI and humans achieved the same results in months.

Marketing

“Automation presents a huge opportunity to build on the foundations of our relationships with customers,” says Carlene Jackson, CEO of Brighton-based digital transformation consultancy Cloud9 Insight. “If a customer follows you on social media, that could trigger a private message which encourages them to download a guide from your website.” That message could then generate timely emails with useful content based on pageviews or links which they have accessed on subsequent visits. 

Natalie Cramp is CEO of data science consultancy Profusion and agrees. “Automating even basic processes like email builds and sends can save marketing teams a lot of time and money. It can also, crucially, increase marketing effectiveness while removing the potential for human error.”

Of course, mistakes can still creep in. In January 2020, for instance, Aviva accidentally called all the customers in its email base “Michael”. Cramp continues: “If businesses can dedicate time to more complex automation, such as data management and algorithms, these can fuel highly personalised customer journeys and lead to a huge impact on customer experience with vastly increased sales.”

Nick Mason, co-founder and CEO of Turtl, a content automation platform, says that personalised content can generate up to 10 times more subscribers. “You can cut the time to produce sales proposals by 90% if you use pre-existing automation engines to create personalised digital documents,” he says.

Customer service

For Virgin Media O2, which has around 47 million customers in the UK, automating its contact centre was a strategic imperative – not least because uncoordinated messaging to the business’s 7,000 agents was leading to inconsistencies and knowledge gaps. 

Last October, it overhauled its processes using Intradiem’s intelligent automation solution. The platform was used to deliver training directly to agents’ desktops; to send notifications to help keep call-handling time within preset thresholds and to facilitate their ability to take breaks on time and to use the off-phone time to stay up to date on internal communications, explains Faye Herring, Virgin Media’s workforce planning manager.

“Within four months of launch, more than 3,500 hours of offline time were delivered to agents’ desktops via Intradiem to make productive use of what had previously been wasted available time,” she says. “And it reduced the average call-handling time by up to 60 seconds.”

Greg Adams, regional vice-president for the UK and Ireland at Dynatrace, offers an equally impressive example. His company’s work enabled UK health and life insurance company Vitality to adopt a proactive servicing model. “Its customer service teams are automatically notified when Vitality’s members encounter errors in their digital experience, so they can contact members and resolve the issue instead of waiting for them to get in touch to ask for help,” Adams says. 

He adds that the proactive customer support capability has helped Vitality to reduce policy lapse rates among members who come up against problems in their digital journey by 65%.

This article was first published by Raconteur in November 2022

How organizations can spot future workforce skills gaps

With technology-powered change being the only constant in the digital age, what skills will pay the bills in the next five years? Moreover, how could — and should — organizations identify the potential gaps in the near future and train employees or hire accordingly to plug them?

According to global data analyzed by LinkedIn, the skillsets required for jobs have changed by 25% from 2015 to 2021. “This figure is expected to double by 2027,” said Becky Schnauffer, LinkedIn’s head of global clients in EMEA and LATAM. 

These findings were mirrored by a Boston Consulting Group report published in May, which showed that 37% of the top 20 skills requested for the average U.S. job had changed from 2016. But which industries have been impacted the most, and which others are at risk?

The LinkedIn Future of Skills report calculated that since 2015, the top three sectors to have experienced the most significant change in required skillsets are hardware and networking (31%), energy and mining (27%), and construction (26%). 

The full version of this article was first published on DigiDay’s future-of-work platform, WorkLife, in November 2022 – to read the complete piece, please click HERE.

The appliance of prescience

Advances in artificial intelligence are giving organisations in both the public and private sectors increasingly powerful forecasting capabilities. How much further down this predictive path is it possible for them to go?

Minority Report, Steven Spielberg’s 2002 sci-fi thriller based on a short story by Philip K. Dick, explores the concept of extremely proactive policing. The film, starring Tom Cruise, is set in 2054 Washington DC. The city’s pre-crime department, using visions provided by three clairvoyants, can accurately forecast where a premeditated homicide is about to happen. The team is then able to dash to the scene and collar the would-be murderer just before they strike.

While police forces are never likely to have crack teams of incredibly useful psychics at their disposal, artificial intelligence has advanced to such an extent in recent years that its powerful algorithms can crunch huge volumes of data to make startlingly accurate forecasts.

Could a Minority Report style of super-predictive governance ever become feasible in the public sector – or, indeed, in business? If so, what would the ethical implications of adopting such an approach be?

There is a growing list of narrow-scope cases in which predictive analytics has been used to fight crime and save lives. In Durham, North Carolina, for instance, the police reported a 39% fall in the number of violent offences recorded between 2007 and 2014 after using AI-based systems over that period to observe trends in criminal activities and identify hotspots where they could make more timely interventions.

AI has also been used to tackle human trafficking in the US, where it has helped the authorities to locate and rescue thousands of victims. Knowing that about 75% of child trafficking cases involve grooming on the internet, the government’s Defense Advanced Research Projects Agency monitors suspicious online ads, detects coded messages and finds connections between these and criminal gangs.

In Indonesia, the government has partnered with Qlue, a specialist in smart city technology, to predict when and where natural disasters are most likely to strike. Its systems analyse flood data collected from sensors and information reported by citizens. This enables it to identify the localities most at risk, which informs disaster management planning and enables swifter, more targeted responses.

While all these cases are positive examples of the power of predictive AI, it would be nigh-on impossible to roll out a Minority Report style of governance on a larger scale. That’s the view of Dr Laura Gilbert, chief analyst and director of data science at the Cabinet Office. “To recreate a precognitive world, you would need an incredibly advanced, highly deterministic model of human behaviour – using an AI digital-twin model, perhaps – with low levels of uncertainty being tolerable,” she says. “It’s not certain that this is even possible.”

An abundance of information is required to understand a person’s likely behaviour, such as their genetic make-up, upbringing, current circumstances and more. Moreover, achieving errorless results would require everyone to be continuously scrutinised.

“Doing this on a grand scale – by closely monitoring every facet of every life; accurately analysing and storing (or judiciously discarding) all the data collected; and creating all the technology enhancements to enable such a programme – would be a huge investment and also cost us opportunities to develop other types of positive intervention,” Gilbert says. “This is unlikely to be even close to acceptable, socially or politically, in the foreseeable future.”

Tom Cheesewright, a futurist, author and consultant, agrees. He doubts that such an undertaking would ever be considered worthwhile, even in 2054. “The cost to the wider public in terms of the loss of privacy would be too great,” Cheesewright argues, adding that, in any case, “techniques for bypassing surveillance are widely understood”.

Nonetheless, Vishal Marria, founder and CEO of enterprise intelligence company Quantexa, notes that the private sector, particularly the financial services industry, is making great use of AI in nipping crimes such as money-laundering in the bud. “HSBC has pioneered a new approach to countering financial crime on a global scale across billions of records,” he says. “Only by implementing contextual analytics technology could it identify the risk more accurately, remove it and enable a future-proof mitigation strategy.”

Alex Case, senior director in EMEA for US software company Pegasystems, believes that governments and their agencies can take much from the private sector’s advances. Case, who worked as a deputy director in the civil service from 2018 to 2021, says: “The levels of service being routinely provided by the best parts of the private sector can be replicated in government. In contrast with the dystopian future depicted in Minority Report, the increasing use of AI by governments may lead to a golden age of citizen-centric public service.”

Which other operations or business functions have the most to gain from advances in predictive analytics? Cheeswright believes that “the upstream supply chain is an obvious one in the current climate. If you can foresee shortages owing to pandemics, wars, economic failures and natural disasters, you could gain an enormous competitive advantage.”

The biggest barriers to wielding such forecasting power are a lack of high-quality data and a shortage of experts who can analyse the material and draw actionable insights from it. “Bad data can turn even a smooth deployment on the technology side into a disaster for a business,” notes Danny Sandwell, data strategist at Quest Software. “Data governance – underpinned by visibility into, and insights about, your data landscape – is the best way to ensure that you’re using the right material to inform your decisions. Effective governance helps organisations to understand what data they have, its fitness for use and how it should be applied.”

Sandwell adds that a well-managed data governance programme will create a “single version of the truth”, eliminating duplicate data and the confusion it can cause. Moreover, the most advanced organisations can build self-service platforms by establishing standards and investing in data literacy. “Data governance enables a system of best practice, expertise and collaboration – the hallmarks of an analytics-driven business,” he says.

Gilbert offers business leaders one final piece of advice in this area: recruit carefully. She argues that “a great data analyst is worth, at a conservative estimate, 20 average ones. They can often do things that any number of average analysts working together still can’t achieve. What’s more, a bad analyst will cost you both money and time.”

And, as Minority Report’s would-be criminals in discover to their cost, time is the one resource that’s impossible to claw back.

This article was first published in Raconteur’s Future of Data report in October 2022

Strike out: Industrial action could accelerate the shift to automated jobs

Set against the backdrop of a cost-of-living crisis, the so-called “summer of discontent” in the U.K. — which has seen strikes from railway workers, criminal barristers, Post Office employees, teachers, airport staff, healthcare staff, and others—looks likely to extend through the winter. And the feeling of dissatisfaction is not limited to the U.K., with workers downing tools across the globe.

Although the U.K. lawyers finally stepped away from the picket line in early October, accepting the government’s 15% pay raise, Royal Mail staff and railway workers are currently participating in long-running industrial action to resolve disputes about salary and working conditions. 

Ironically, the crux of the matter is job security, yet the prolonged absence from work only strengthens the argument for investing in automation that will, ultimately, reduce headcount.

The full version of this article was first published on DigiDay’s future-of-work platform, WorkLife, in October 2022 – to read the complete piece, please click HERE.

‘It’s a future that’s upon us’: Will robots ever have the top jobs?

How would you feel about having a robot boss? And not just a line manager but the head honcho of the company.

You might think this is an idle, hypothetical question. Indeed, back in 2017, then-Alibaba CEO Jack Ma stated we are mere decades from having robots at the helm of organizations. He predicted that by 2047, a robot CEO would make the cover of Time magazine.

And yet, those provocative guesstimates from five years ago now look generous. In late August, the world’s first artificial intelligence-powered, humanoid robot CEO, called Mika, was appointed to the top job at Dictador, a luxury rum company.

The full version of this article was first published on DigiDay’s future-of-work platform, WorkLife, in October 2022 – to read the complete piece, please click HERE.

How employee monitoring has shifted from creepy to empowering HR teams

A friend giddily informed me a few days ago that she had “found the perfect eraser.” Perplexed as to why something that rubs out pencil marks would evoke such glee, I asked for more details. “This eraser is the ideal weight; I can rest it on the space bar, so the screen stays awake if I leave the desk,” she said. “That way, my manager thinks I’m still being active at my computer.”

Employees who feel they are being observed for no good reason tend to find a way to game the system, argued Brian Kropp, group vp and chief of research for Gartner’s HR practice. “If your employer is trying to screw you by creepily monitoring you, there are various things you can do to screw them over,” he said.

For instance, he revealed that if computer mouse activity is being tracked, then an analog watch can help. If you position the mouse on the watch, then the second hand creates just enough motion to make it still active.

Monitoring is on the rise, though. According to Gartner’s research, around 30% of the medium and large corporate organizations it assesses had tracking systems in place before the pandemic. “Now the percentage is more than 60%,” said Brian Kropp, group vp and chief of research for Gartner’s HR practice.

This article was first published on DigiDay’s future-of-work platform, WorkLife, in September 2022 – to read the complete piece, please click HERE.

How technology can help financial services organisations reach younger generations

Smartphone apps, gamification and proactive support are some of the ways operators can engage the digital natives of today and tomorrow

Baby boomers might have a majority of global wealth today, but tomorrow it will be different. Indeed, by 2030, Europe’s younger generations – millennials and gen z – are due to inherit around £2.3 trillion from their parents, according to recent estimates. How can financial service operators cash in on this great wealth transfer?

In 2022, client-facing teams operating in the financial service industry can – and must – leverage technology to build meaningful relationships with younger generations who are digital natives. 

Indeed, over a third (34%) of 18- to 34-year-olds would choose a different financial services provider if they were expected to visit a branch in person, according to VMware’s recent Digital Frontiers 4.0 report, which surveyed over 2,000 UK consumers. 

Similarly, Marqeta’s 2022 Consumer Money Movement report reveals generational differences. Over half (54%) of gen z – born between 1997 and 2012 – can’t recall their PINs, and more than three-quarters (77%) feel confident enough with contactless payments to leave their wallets at home and just go out with their phones. 

Consider a Chase study from 2021 indicated that 99% of gen z and 98% of Millennials use mobile banking apps, compared to 86.5% of gen x and 69.5% of Boomers.

“Younger markets live on their smartphones,” says Ben Johnson, CEO of digital transformation consultants BML Digital. “Everything needs to be available via the app, and the mobile experience has to match the ease of something like Snapchat or Pinterest.” 

Prakash Pattni, managing director of financial services digital transformation in EMEA for IBM, agrees. “Ultimately, younger consumers want to access their accounts, lock missing cards, make virtual payments and transfer money to others swiftly and securely,” he says. “Financial institutions must develop easy-to-use applications with superior uptime that can easily integrate with other apps.”

Gamification and proactive support

How can financial services operators generate trust with younger generations? “Technology is the answer,” posits Somya Patnaik, a market product manager specialising in real-time payments at ACI Worldwide. “They must bring more innovative features that will engage young people and improve their consumer experience.”

Gamification in financial services is winning a lot of trust among young consumers, suggests Patnaik. So, for instance, insurance companies might build an app that tracks fitness activities against pre-agreed goals, which, if hit, unlock rewards like cheaper insurance or gym memberships. This insight chimes with George Ioannou, managing partner at design experience company Foolproof. Learning patterns around digital activities differ according to age. Where the older generations turn to Facebook for information, younger generations are growing up using gaming platforms such as Fortnite and Discord servers. 

“This may speak to using gamified models of education within financial applications to facilitate learning, perhaps even in a sandbox, and therefore a safe environment,” says Ioannou. 

Ioannou argues that technology enables financial services organisations to become more proactive in supporting customers, and younger generations want more advice about money matters now than ever. “Operators need to step up and actively educate their users,” he adds. 

Research from Personetics, a global fintech, published at the end of June shows in the past three months only 22% of UK customers feel their primary bank has communicated with them about dealing with the cost-of-living crisis. Further, over half (53%) would consider moving banks if a rival offered better money management support and personalised advice.

Reliable source of truth 

Financial education is now starting young. NatWest is currently offering a children’s pocket-money application for free to customers. “Last year, we acquired Rooster Money, a children’s prepaid debit card and app,” explains Fay Wood, head of acquisition and digital security authentication. “We wanted to do more in the space for children.”  

She also stresses the importance of working with expert partners to provide access to apps at speed. “Five or ten years ago, we would have built something like Rooster Money in-house.”

Alongside proactive apps, social media is an invaluable tool for sales and marketing teams in the financial service industry looking to use tech to appeal to younger customers. Here, states Amanda Le Brocq, head of strategy at Marcus by Goldman Sachs, is where organisations can add value. 

“Young people are increasingly getting financial information from social media platforms such as TikTok and Instagram,” she says. “But with so much content available, people can easily get the wrong information. Today, it is essential that financial services companies provide a compelling digital offering, so young people can consume content online and know it is coming from a reliable source.”

Operators wanting to engage younger customers must look further and deeper, says Meghana Nile, insurance CTO at Fujitsu. “Social media and peers influence a lot of the purchasing decisions, meaning financial services companies that have a reputation for having ethical and sustainable practices will attract buyers from gen z, who in 2030 will be the dominant purchasing demographic.”

This article was first published in Raconteur’s The new financial services client experience insights report, sponsored by Seismic, in August 2022