Posts tagged business
Evening Standard: Every business will rely on AI in five years and most people are worried they’re being left behind

My daughter's school have started to incorporate all things AI into their school curriculum. Interestingly our daughter has moved from wanting to be a vet, towards something in the maths/technology world. 

Microsoft believes that every business will be an AI business in the next five years but there are concerns that people don’t fully understand the technology and will be left behind in the AI revolution.

Ahead of Future Decoded, the tech giant’s annual conference at the ExCel Centre in London, it released a new report, named Accelerating Competitive Advantage with AI, covering how businesses across the UK are using the technology. 

The report shows that there is more awareness and adoption of AI overall among businesses, with 56 per cent of businesses adopting AI. However, less than a quarter of these organisations (24 per cent) have an AI strategy and 96 per cent of employees surveyed reporting that their bosses are adding AI without consulting them on the technology. This is fuelling anxiety around the technology, as well as concerns over job security. 

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The Times - Please sir, can we grow up to be entrepreneurs?

Schoolchildren in deprived areas are being given the chance to learn about enterprise as well as maths.

James Ludlow, head teacher of the King’s Church of England School in Wolverhampton, often stops pupils in the corridor to ask them what they want to do in the future. For years, the answer has always been the same: “I don’t know, sir.”

The secondary school contends with some of the toughest conditions in the country for providing education. Its near-700 students are drawn from 40 different primary schools and speak more than 40 languages. One pupil who joined recently had escaped the war in Syria.

In the past year, however, answers to the head’s corridor question have become far more varied as a new focus on providing careers skills has started to pay off. Pupils talk regularly to entrepreneurs and business leaders and are invited to work at local companies — including the Mount, a plush hotel where visiting Premier League teams stay if they are playing Wolverhampton Wanderers.

King’s is playing a small part in a quiet revolution in schools. Along with English, maths and science, pupils are being taught the skills required to start businesses and thrive as workers in a changing economy that values entrepreneurship as much as it does qualifications in traditional subjects.

At the same time, the push — both by government and private interests — is helping improve social mobility by addressing one of the big inequities in the business world: a shortfall in working- class entrepreneurs.

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