News
Top Goldman Sachs economist says AI barely had any effect on the US economy
2+ hour, 23+ min ago (238+ words) AI's impact on the US economy is questionable Despite AI spend being initially set to bolster US economic growth in 2025 (by as much as 92%, depending on the source and figures, per Washington Post), banking experts argue that AI's direct contribution…...
Digital friction is quietly crippling UK productivity, and AI could be the turning point
3+ week, 6+ day ago (883+ words) Digital friction has become a major drag on productivity. Whether it is a failed authentication loop or a screen freezing just before a deadline, these everyday issues now carry outsized consequences. And in the UK, where businesses are under pressure…...
Amazon CEO Andy Jassy warns tariffs are already raising prices
1+ mon, 4+ day ago (290+ words) Andy Jassy says Trump tariffs are now being passed on to consumers Amazon CEO Andy Jassy has warned import and export tariffs imposed by the Trump adminsitration are now starting to be reflected in the company's product prices, adding to…...
Younger workers are more worried about AI taking their jobs - but some don't expect any effects at all
1+ mon, 4+ day ago (265+ words) Gen Z workers are worried about job displacement, report finds New research from Randstad has claimed Gen Z workers are the most concerned about AI displacing human roles, despite being stronge users - while conversely, Boomers feel most confident about adapting…...
Could AI be a scapegoat in layoffs?
1+ mon, 2+ week ago (344+ words) AI may not actually the biggest cause of job losses According to new Oxford Economics research, we're yet to see any tangible evidence that artificial intelligence is indeed replacing human workers. This is set against a backdrop of alleged AI-induced…...
New report on AI adoption warns workers could face more complex responsibilities for lower pay
1+ mon, 2+ week ago (304+ words) How will humans interact with AI "in the loop"? A new Occupational Medicine journal article has uncovered the potential impacts that AI could have on work, and it could mean that we'll face higher workloads without seeing a correlative pay…...
AI is likely to replace jobs, Bank of England governor warns
2+ mon, 5+ day ago (322+ words) AI will replace jobs, but it won't lead to mass unemployment Bank of England Governor Andrew Bailey has likened artificial intelligence to the Industrial Revolution, suggesting the productivity-aiding tech could indeed force people out of certain roles. However key to…...
Fancy half-price electricity at the weekends? This Samsung and British gas deal gives you just that – here's how
3+ mon, 1+ week ago (359+ words) 50% off your electric from 11am to 4pm on Saturday and Sunday This comes courtesy of a new tariff called the Samsung Weekend Saver Fix, whereby you get half-price electricity between the hours of 11am to 4pm on both Saturday and Sunday. It's an expansion…...
UK businesses are quickly turning to AI to help navigate two big issues - economic uncertainty and energy
5+ mon, 2+ week ago (296+ words) Nine in 10 UK businesses are now turning to AI Business leaders see AI delivering improved innovation (32%), better decision-making (31%), enhanced customer experience (30%) and reduced operational costs (30%), according to new Barclays research. However, time and time again we hear that companies continue…...
SMBs want to use tech more in order to grow - but costs are proving a big barrier
5+ mon, 3+ week ago (314+ words) SMBs are worried about the cost of tech Nearly all (96%) of the small and medium-sized businesses surveyed in a recent study by Shopify agree technology will help them to reach new markets in the next 12 months - but key hurdles are…...