The future of AI & the workforce

2024

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AI-generated summary

1) This report matters because it provides a comprehensive assessment of how artificial intelligence and automation will impact the UK's financial and professional services workforce, outlining productivity gains, skills gaps, and strategic deployment paths.
2)
- Sector-by-sector analysis of AI adoption and projected impacts across asset management, insurance, banking, fintech, and legal services.
- Detailed evaluation of AI's effect on revenue, control, and support functions alongside productivity growth estimates up to 2030.
- A strategic framework for employers covering AI adoption, risk management, workforce reskilling, ethics, and regulatory compliance.

3) Tags: artificial intelligence, workforce, financial services, automation, productivity

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