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Recent Editions
Human Times
North America
A report from consulting firm McKinsey & Co. suggests that around 11m workers in the U.S. may need to change jobs by 2035 because of AI-related displacement, and six of every seven workers will face substantial retraining and loss of income. The firm's research found that the full-time workers most likely to have to switch jobs are concentrated in three groups: office and administrative support, retail and sales, and transportation and logistics. Workers are not “interchangeable units,” the report’s authors observe. “Job opportunities can be abundant and yet leave millions of workers without work if those positions require different skills, credentials, locations or pay structures than current jobs.”
Full Issue
Human Times
UK
Businesses are becoming more cautious about adopting artificial intelligence amid concerns over cybersecurity, regulation and trust. An FTI survey of 1,600 senior executives in the US and Europe found 60% had slowed, paused or withdrawn an AI deployment during the past year. Cybersecurity emerged as the biggest concern, with 54% worried about employees using unapproved AI tools. Regulatory uncertainty was also significant, with 81% reporting material problems caused by unclear rules. Companies are increasingly shifting investment from experimenting with new technology towards cybersecurity, staff training and AI governance as they focus on managing existing deployments responsibly.
Full Issue
Human Times
Europe
North Korean hacking group WaterPlum is exploiting job advertisements to gather sensitive information from applicants worldwide. Authorities from the US, Japan, Germany, and Australia reported that the group has infiltrated over 30,000 devices, stealing $US10.71m in cryptocurrency. WaterPlum posed as employers, targeting IT professionals and using AI face-swapping software during fake interviews. Dr Andrew Cullen from the University of Melbourne said it was difficult to understand the scale of the problem, especially as it related to workers infiltrating companies, because that information was rarely disclosed. "It's really hard for governments and cybersecurity organisations to try and collect this large-scale data to show how much of a problem it is across the economy," he said.
Full Issue
Human Times
Middle East
North Korean hacking group WaterPlum is exploiting job advertisements to gather sensitive information from applicants worldwide. Authorities from the US, Japan, Germany, and Australia reported that the group has infiltrated over 30,000 devices, stealing $10.71m in cryptocurrency. WaterPlum posed as employers, targeting IT professionals and using AI face-swapping software during fake interviews. Dr Andrew Cullen from the University of Melbourne said it was difficult to understand the scale of the problem, especially as it related to workers infiltrating companies, because that information was rarely disclosed. "It's really hard for governments and cybersecurity organisations to try and collect this large-scale data to show how much of a problem it is across the economy," he said.
Full Issue