29 September 2019

AI driving the ‘next generation’ of UK jobs

Written By FinTech Alliance in Digital Transformation

AI driving the ‘next generation’ of UK jobs

The uptake of AI is set to transform the UK job market ‘drastically’, says a new report.

In Brief:

  • The report, by Robert Walters and Vacancy Soft, is entitled Harnessing the Power of AI: The Demand for Future Skills.

  • It predicts 133mn new jobs will be created globally as a result of AI.

  • In the UK, up to a third of jobs will be automated or likely to change over the next few years, impacting 10.5mn workers.

What does this mean?

AI can be an opportunity as much as it is a challenge for traditional industries in the UK. Ollie Sexton, Principal at recruitment firm Robert Walters, urges the work force to “get to grips with data and digitalisation”, saying workers – and businesses – can’t afford not to.

Up Next ...
17 December 2024

Nubank Leads $250 Million Investment in African Digital Bank Tyme, Valuing It at $1.5 Billion

The funding will support Tyme's expansion into Southeast Asia, including Vietnam and Indonesia, as it aims to become a top retail bank in South Africa within three years....

17 December 2024

FIS Reportedly Set to Acquire UK-Based Fintech Demica for Around $300 Million

The acquisition is expected to enhance FIS's portfolio, following its recent purchase of San Francisco-based Banking-as-a-Service fintech Bond.

17 December 2024

AHAM Capital, leading asset manager in Malaysia, selects Temenos Multifonds SaaS to modernize its fund accounting platform

AHAM Capital is replacing legacy, on-premises systems with Temenos Multifonds Global Accounting on SaaS to drive scalable automation and future growth in the Malaysian ma...

16 December 2024

Astra Tech’s Quantix Secures $500 Million for Regional Expansion

The funding will drive the growth of its consumer lending platform, CashNow, and improve its Ultra app ecosystem

More in Digital Transformation

Google to invest $2 Billion in Malaysia

30 May 2024

Prime Minister Anwar Ibrahim hailed Google’s investment as a sign of good faith

Zumo unveils the new digital asset landscape at Sibos 2023

20 September 2023

Zumo, the B2B digital assets infrastructure, has launched a ground-breaking ...

FCA to take ‘balanced’ approach in access to cash regime

21 August 2023

Through the Financial Services & Markets Act 2023 (FSMA), the ...

Posted By The Community

How design thinking helps us build products that customers love

10 May 2023

How do you know what customers want or need in a product? Design thinking delivers the answer, especially from a human perspective.

Written By: QUALITANCE

White Papers Digital Transformation

The future of finance

13 December 2022

We are going through perhaps the most exciting period in the modern history of financial services. T...

White Papers Digital Transformation

FinTech and the digital transformation of financial services: implications for market structure and public policy

13 December 2022

Economic frictions such as information asymmetries and economic forces such as economies of scale an...

Articles Digital Transformation

Building a frictionless future

03 August 2021

Capital markets firms are targeting new paths to growth — but they’ll be hard fought Find out m...

Articles Digital Transformation

Emerging challengers and incumbent operators battle for Asia Pacific’s digital banking opportunity

13 July 2021

The digital banking space continues to attract a diverse range of industry players, from incumbent b...

There are no Events in this category