Paul Welty, PhD WORK, BEING, AND STAYING HUMAN

Business: business

96 posts tagged with "business"

Meta updates its RTO policy, stricter mandate

The key insights from this article are that Meta (formerly known as Facebook) is implementing a stricter return-to-office (RTO) policy, requiring employees assigned to an office to work in-person at least three days a week. Failure to comply with this policy may result in disciplinary action or job termination. Remote workers are also expected to limit office visits to no more than four days every two months. The company is emphasizing accountability and monitoring to ensure compliance with the RTO policy. read more >

AI revolution will reshape job market, economy

The key insights from this article are that the rise of artificial intelligence (AI) will have a significant impact on the job market and the global economy. It is estimated that over 300 million jobs worldwide could be disrupted by AI, and at least 12 million Americans will change to another field of work by 2030. However, AI also has the potential to add trillions of dollars to the global economy and create new job opportunities. Proper preparation and adaptation are necessary to navigate the AI revolution successfully. read more >

Mandated return to office causing attrition

The article discusses the damaging consequences of mandating a return to the office. It cites three reports that highlight the negative effects, such as higher attrition rates and recruitment struggles. The article also mentions that a majority of employees are willing to leave their jobs if flexible work schedules are eliminated. It emphasizes the need for companies to adapt to flexible work policies in order to retain employees and remain competitive. The author also discusses the cognitive biases of status quo and anchoring, which influence employees’ preferences for flexible work. read more >

The future of work in automation

The article discusses the impact of automation on the future of work. It emphasizes the need for individuals to embrace lifelong learning and adaptability to navigate the changing job market successfully. The article also highlights the ethical and societal considerations of automation, the collaboration between humans and machines, and the importance of reskilling and upskilling. It concludes by emphasizing the need for a balance between technological advancement and the preservation of the human element in work. read more >

Accenture investing in generative AI technology

Accenture is investing $3 billion in generative AI to improve its capabilities and leverage AI in various ways. The company plans to double its headcount of data and AI experts and aims to use AI to enhance client work, improve its own operations, and transform the way it works for clients. Accenture’s Paul Daugherty believes that generative AI will be essential for businesses in the future, but many struggle to identify the right use cases and prioritize investments. The company is also focused on responsible AI, establishing a compliance program and working with stakeholders to ensure … read more >

Working from home is becoming popular

The article discusses the shift towards working from home and its implications for cities, businesses, and people. It suggests that a common pattern emerging is working three days in the office and two days at home. This hybrid model is seen as a way to balance in-person creativity and connections with the efficiency and flexibility of remote work. The article also highlights the potential impact on cities, with a possible return to lower density and more affordable urban areas. However, it acknowledges the inequality of remote work opportunities and the need for compensation for those unable … read more >

AI Offers Relief from Email Overload

" The urge to make up for reduced in-person contact with even more online contact has left today’s workers even more besieged by incoming email, messaging and other electronic communications. Into this maelstrom rides AI, with tools that promise to triage our inbox or take on the hard work of composing replies.  Hybrid work has intensified an enormous pain point that AI offers to cure—and in offering us some tools for managing overload, AI may make remote work more attractive and sustainable."—The New “Hybrid Work” is “AI + Humans” - JSTOR Daily read more >

Discover the power of AI

“Once you’ve got a workforce that is both burned-out on virtual meetings and leery of returning to the office for in-person brainstorms, it’s time to find another wellspring of innovation. AI offers us door #3: An always-on, nearly infinitely knowledgeable colleague who is happy to brainstorm or spitball on the subjects of your choice."—The New “Hybrid Work” is “AI + Humans” - JSTOR Daily read more >