AI – THE NOT SO GOOD NEWS?; KEEPING IT HUSH-HUSH

AI – THE NOT SO GOOD NEWS?; KEEPING IT HUSH-HUSH

Welcome to this week’s round up of insights and commentary, brought to you by Team Cannings.

AI – THE NOT SO GOOD NEWS?

Just when you thought Artificial Intelligence applications (AI), would make life so much easier for office workers, here comes something of a reality check.

A new report by investment bank Goldman Sachs has predicted that AI could replace the equivalent of 300 million full-time jobs globally, which is worrying, to say the least.

The good news? The report also found that AI could help create a stack of new jobs and increase the total annual value of goods and services produced globally by about seven per cent.

KEEPING IT HUSH-HUSH

You’ve heard of “greenwashing”. Now, comes “green-hushing”.

As the consumer and corporate watchdogs begin cracking down on greenwashing, it seems some Australian superannuation funds have tempered the spotlight they usually shine on their sustainability and climate commitments.

For instance, Active Super removed an entire 70-page Responsible Investment Report from its website, while Australian Super deleted its climate report and “Net Zero by 2050” factsheet and made several edits to its “how we invest: climate change” webpage.

The Australian Financial Review suggested such moves could amount to “green-hushing”, a growing corporate trend whereby companies under-report their green initiatives to avoid scrutiny.

COFEE SOLVES ALL OUR PROBLEMS…RIGHT?!

Offering free quality coffee in the office may be the key to rebuilding corporate workplace culture – and luring more people back in the office.

Some US companies have redesigned their office spaces to emulate coffee houses and fitted out their workplaces with top-of-the-range machines.

However, record low occupancy rates remain a big problem for many office blocks in cities such as New York and San Francisco. Some empty office buildings there are now being transformed into apartments to help ease housing shortages.

ONE LAST THING…

Source: Financial Times


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