Growth Task Force News Today

In 2022, female entrepreneurs in the UK received less than a 2 per cent share of the multi-billion-pound venture capital funding. This is despite, according to the Kauffman Foundation, women-led businesses (when they are venture backed) generate 12 per cent higher revenue than startups run by men.

By combining resources and expertise, the AI-Enabled ICT Workforce Consortium will offer a blueprint for how industries can adapt to an AI-dominated future.

By combining resources and expertise, the AI-Enabled ICT Workforce Consortium will offer a blueprint for how industries can adapt to an AI-dominated future.

Several tech giants and workforce ecosystem firms formed a collaborative to find out how AI is changing jobs and what skills workers will need to be successful. It plans to provide recommendations for employers seeking ways to upskill workers in preparation for AI. Firms taking part include Accenture, Cisco, Eightfold, Google, IBM, Indeed, Intel, Microsoft and SAP.

Leading tech companies are joining together to study the impact AI is likely to have on the workforce and what jobs may be most affected.

Cisco: To this extent, the companies have launched the ‘AI-Enabled Information and Communication Technology (ICT) Workforce Consortium’ which will enable them to “coalesce insights, recommend action plans, and activate findings within their respective broad spheres of influence”, according to a joint media statement.

Cisco rounded up eight technology companies to form a consortium targetting training programmes for roles most likely to be affected by AI.

These companies are preparing workers for AI

Cisco and a coalition of tech vendors including Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft, and SAP have joined forces to launch a new industry...

Several tech giants and workforce ecosystem firms formed a collaborative to learn how AI is changing jobs and what skills workers will need.