11 November 2024

AI Adoption Grows, But a Third of UK Workers Remain Wary

Written By FinTech Alliance in FinTech

AI Adoption Grows, But a Third of UK Workers Remain Wary

A recent survey by LawDeb shows that 29% of UK employees are using AI in their work, with 10% relying on it for substantial parts of their role. Men, especially those aged 25-34 in London, are more likely to use AI, with 34% of men using it compared to 25% of women. However, comfort levels vary, as over a third (37%) of workers would not feel comfortable using AI at all, citing reasons such as lack of knowledge, ethical concerns, or fear of repercussions.

Patrick Davis, Head of UK Corporate Secretarial Services at LawDeb, emphasized the importance of responsible AI implementation: “The future of AI in the workplace is inevitable...it is the responsibility of Boards and their technology, cyber, risk and governance teams to provide guidance and policies for how to navigate this use.” Davis noted that companies must involve experts in board discussions to avoid ethical, regulatory, and legal risks.

- Men and younger workers (ages 25-34) are more likely to use AI, with men twice as likely as women to use it for large parts of their job.

- London-based employees and those in senior roles, like C-suite executives, are the most frequent users of AI in the workplace.

- Companies face increasing pressure to establish clear AI guidelines to address workers' ethical concerns and ensure responsible AI usage.

Read more here

Up Next ...
22 November 2024

Eden AI raises €3M seed round to bridge the gap between AI models and business needs

Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...

22 November 2024

City Bank Adopts TranzAxis for E-Commerce Payment Solutions

This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.

22 November 2024

Zellis summit maps bold future of innovation

Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features

21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

More in FinTech

Eden AI raises €3M seed round to bridge the gap between AI models and business needs

22 November 2024

Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...

City Bank Adopts TranzAxis for E-Commerce Payment Solutions

22 November 2024

This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.

Zellis summit maps bold future of innovation

22 November 2024

Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

21 November 2024

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

White Papers FinTech

Open Finance in Review: Looking back at 2023

28 November 2023

In this insightful report, OzoneAPI delve into the pivotal developments that have shaped the landsca...

White Papers FinTech

Fintech 2030: The Industry View

02 October 2023

Key findings from the report:Embedded finance is expected to dominate the industry in 10 yearsThere...

White Papers FinTech

Pulse of Fintech H2 2022 report

27 July 2023

UK FinTech investment falls 56% to £14.42bn in 2022After an incredibly strong 2021, with total FinTe...

White Papers FinTech

The Rise and Impact of Fintech in Latin America

29 June 2023

Fintech also provides tools to help manage these risks. Financial authorities and their supervisees...

FinTech Connect 2024 - The Global FinTech Ecosystem . Connected.

FinTech Connect 2024 - The Global FinTech Ecosystem . Connected.

04 December 2024 - 05 December 2024

12:00 AM - 12:00 AM

ExCel London, Western Gateway, Royal Victoria Dock, London, London, E16 1XL

Free
Finnovate Europe

Finnovate Europe

25 February 2025

12:00 AM - 12:00 AM

InterContinental London - The O2, 1 Waterview Drive, London, Greenwich, SE10 0TW

£1,699.00