Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Office Real Estate’s Gloomy Future, How Thomson Reuters Is Using AI And The Cooling Labor Market

Jul 14, 2023 - forbes.com
The McKinsey Global Institute has released a report suggesting that demand for office real estate could fall by 13% from pre-pandemic levels, and up to 38% in more severe projections. The report indicates that hybrid work is likely to stay, with employees preferring to work onsite for 3.2 days per week, close to the expected 3.7 days. In other news, a report from the Organization for Economic Cooperation and Development (OECD) found that over a quarter of all jobs in the world's wealthiest countries are in industries where artificial intelligence could replace many human workers.

In an interview with Forbes, Mary Alice Vuicic, Chief People Officer at Thomson Reuters, discussed the impact of AI on human resources. She believes that AI will not replace jobs but will change how they are done, with work being re-imagined and reorganized around the remaining tasks. Vuicic also emphasized the importance of trust and responsible AI, and the need for awareness and education about AI among employees.

Key takeaways:

  • A new report by the McKinsey Global Institute suggests that demand for office real estate could fall 13% from pre-pandemic levels, and up to 38% in more severe projections due to the rise of hybrid work.
  • More than 40 Amazon Labor Union members in New York City are suing the union and its president, Chris Smalls, alleging he is violating the union’s constitution by handpicking an executive board rather than letting members vote to fill leadership posts.
  • A report from the Organization for Economic Cooperation and Development (OECD) found that more than a quarter of all jobs across the world’s wealthiest countries are in industries where artificial intelligence could replace many human workers.
  • Thomson Reuters Chief People Officer, Mary Alice Vuicic, believes that generative AI will not replace jobs but will fundamentally change the way that many of them are done, replacing tasks rather than entire roles.
View Full Article

Comments (0)

Be the first to comment!