Microsoft predicts that AI will transform the workplace, empowering everyone to become leaders.

Microsoft has exciting news for those aspiring to hold high-ranking positions. In the future, we will all have AI employees under our supervision.

Tech companies are forecasting the emergence of a new type of business known as “frontier companies.” These companies involve human workers instructing autonomous AI agents to carry out tasks.

According to Microsoft, everyone will become bosses of AI agents.

Microsoft envisions a future where workers will act as “CEO of agents-equipped startups,” managing and delegating tasks to AI agents to maximize their impact in the AI era.

Microsoft, a key supporter of ChatGpt developer Openai, anticipates that all organizations will transition to becoming frontier companies within the next five years. These companies operate based on “on-demand intelligence,” utilizing AI agents for quick answers to internal tasks like generating and editing sales data.

In their Annual Work Trend Index Report, Microsoft stated that these frontier companies scale rapidly, work with agility, and deliver value efficiently.

The evolution of the AI Boss class is envisioned to happen in three phases: AI assistants for all employees, AI agents as digital coworkers handling specific tasks, and humans providing instructions to these agents for business processes and workflows.

Microsoft highlighted the impact of AI on knowledge work, where tasks across various professions will transition from code assistance to AI agents performing the work.

They gave an example in the supply chain industry where humans guide the system and manage relationships with suppliers while AI agents handle logistics from end to end.

Microsoft is promoting the deployment of AI in the workplace through autonomous AI agents or tools that enable users to carry out tasks without human intervention. Organizations like McKinsey are early adopters of Microsoft’s Copilot Studio products, leveraging AI agents for tasks like scheduling meetings.

While AI is expected to eliminate repetitive tasks and enhance productivity, concerns exist regarding potential job displacement. Reports suggest that a significant number of jobs could be impacted negatively by AI advancements.

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Experts suggest that AI deployment may lead to job losses, but also create new opportunities. Organizations may rely more on AI workers to enhance efficiency and lower operational costs, potentially reducing the need for human labor.

Apart from economic impacts, replacing humans with AI risks losing the expertise of individuals who drive business innovation and maintain valuable relationships.

Source: www.theguardian.com

Academics now pay close attention to details in the workplace

Paying attention to small details

“Academics are often accused of ‘obsessing over the details,'” David Taylor told Feedback magazine. “This year my team and I have managed to do just that. We have built a machine that can literally split a single hair from end to end. This is the first time that anyone has been able to split a hair in a lab in a controlled environment and quantify the phenomenon. Were you planning any exciting beauty treatments like coloring or curling your hair? You’ll have to wait and see if this will cause split ends.”

He and his team called the adventure “Hair-splitting biomechanics“, published in Interface Focus.

This is based on research done in the 1980s by Y. K. Kamath and H.-D. Weigman, who sought to take a closer look at what happens when a hair splits.

in Journal of Applied Polymer ScienceFractographic analysis of human hairKamath and Weigman calmed their excitement and stated, “Electron microscopic evidence suggests that fracture propagation occurs via secondary cracks generated as a result of stress concentrations that build up around the primary crack.”

Water from the wreckage

Brazilian researchers have been searching outside the cemetery for the remains of people buried there. Their main question is whether the decaying bodies are sending a foul stench into the area’s deep groundwater. Elias Saba and his colleagues have summed it all up in a book with a macabre, geeky title: “The Deadly Sinisters: The Secrets of the Dead.”Assessing the impact of cemeteries on groundwater using multivariate analysis” “.

The team collected data from three “monitoring wells” dug at the cemetery and compared it with data from the local sewer company about water in nearby household cisterns. Multivariate analysis provided both good and not-so-good news.

The researchers explain that the soil, both inside and outside the cemetery, absorbs most of the problematic waste from the bodies, “preventing surface contaminants from reaching the aquifer.” That’s a good thing. But the problem is that water samples taken in areas outside the cemetery do not meet Brazil’s drinking water standards.

Grandma drinking alcohol

Ancestral water resources are not a new issue. Perhaps the most attention on this issue came in 2008. Journal of Environmental Health.

Reader Russ Hodge responded to the feedback with:Drinking Grandma: The Problem with Embalming” ,” by attorney Jeremiah Chiapelli and Ted Chiapelli, a health sciences professor at Western Carolina University in North Carolina.

The Chiappellis explain: “Modern embalming involves replacing organic blood with a variety of toxic and carcinogenic chemicals, particularly formaldehyde. The embalmed body is then buried underground, but even when placed in a coffin, bodily fluids inevitably leak into groundwater. The reasons embalming was first undertaken, and the rationale for the continued practice, do not justify the potential public health and environmental risks posed by embalming.”

The Chiappellis also talk about research done by others about why so many people in the U.S. choose embalming: “In states that require funeral directors to be embalming technicians or have embalming facilities, cremation rates have decreased due to funeral director solicitation.”

settlement

Nothing livens up the social atmosphere at a strange pub like axe throwing, but the sport can pose dangers for some of those who approach it in a obliging, professional manner.

According to researchers Kusha Dabar, Arthur Jeng, and Suzanne Donovan, one such risk factor is blastomycosis, a fungal disease that “manifests as a pulmonary disease” but can also affect the skin, bones, and genitourinary tract.

For more details, please see the three people’s study “Criticism of endemic diagnosis: disseminated blastomycosis due to a new occupational exposure” “.

The patient “worked at an axe-throwing factory after moving to Los Angeles,” and “his work involved cutting wood for customers.”

Dabber, Jenn and Donovan claim that the disease is “not routinely diagnosed” in Southern California. They say: Blastomyces The fungus was present in the wood before entering the patient’s body.

Telltale Title

Below are two titles recently added to our collection of feedback, “The Title Says All You Need to Know.”

The effect of wet underwear on thermoregulatory responses and thermal comfort in cold weather“”teeth, Ergonomics 1994.

and “The pain one may experience when executed in various ways“This probably surprised magazine readers. Sensing 1993.

If you’ve come across similarly impressive examples, please submit them along with citation details to Telltale titles, c/o Feedback.

Marc Abrahams is the founder of the Ig Nobel Prize ceremony and co-founder of the journal Annals of Improbable Research. He previously worked on unusual uses of computers. His website is Impossible.

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Source: www.newscientist.com

Study shows workplace AI, robots, and trackers have a negative impact on overall well-being

A groundbreaking study by the Institute for Work think tank has revealed that exposure to new technologies like trackers, robots, and AI-based software in the workplace has a negative impact on people’s quality of life.

Conducted through a survey of over 6,000 individuals, the study focused on the health impacts of four categories of technologies that are increasingly prevalent in various industries.

The research found that increased exposure to technology in areas such as AI, machine learning-based software, surveillance devices like wearable trackers, and robotics had a detrimental effect on the health and well-being of workers.


On the other hand, the use of established information and communication technologies (ICTs) such as laptops, tablets, and instant messaging at work had a more positive impact on well-being.

The report highlighted that frequent interactions with ICT improved quality of life, while interactions with new technologies in the workplace had the opposite effect.

Economists at Goldman Sachs estimated that by 2030, 300 million jobs worldwide could be automated, with many roles being fundamentally transformed due to developments in generative AI.

Lead author Dr. Magdalena Sofia emphasized that the issue lies not in the technology itself, but in how it is implemented and utilized.

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The report also raised concerns about the negative impact of tracking devices and surveillance technology on worker performance, echoing warnings from unions and activists.

Mary Towers, head of AI at TUC, cautioned that without proper regulation, AI could create an oppressive work environment for many individuals.

On the other hand, the Pissarides review on the future of work and happiness, in collaboration with Warwick Business School and Imperial College London, aims to shed light on the impact of new technologies on quality of life in the workplace.

Professor Christopher Pissarides emphasized the importance of understanding how interactions with new technologies influence the overall well-being of individuals in their working lives.

Source: www.theguardian.com

Workplace welfare initiatives have no impact on employee mental health

Employer-provided benefits initiatives generally do not improve workers’ mental health, but volunteering may be an exception

Nuva frame/shutterstock

A study of more than 46,000 workers found that the benefits initiatives offered by many companies do little to improve the mental health of their employees.

In England, More than half of employers have a formal employee benefits strategy. These include employee assistance programs that provide support for work or personal issues, as well as counseling, online life coaching, mindfulness workshops, stress management training, and more.

“Employers are increasingly offering a variety of strategies, practices and programs to improve wellbeing and mental health,” he says. William Fleming at Oxford University. “Their fundamental purpose is to change people's psychological capacities and coping mechanisms,” he says.

To investigate whether these interventions are useful, Fleming and other researchers conducted the UK’s healthiest workplace survey in 2017 and 2018. He examined responses from more than 46,000 individuals in 233 organizations, the majority of whom were office and service industry employees. Approximately 5,000 people have participated in at least one welfare initiative in the past year. The researchers found that there was no difference in the self-reported mental health of those who participated in these programs compared to those who did not participate. The result was consistent regardless of different types of workers and sectors.

“The program doesn’t seem to be providing any benefits,” Fleming said.

However, volunteer work may be an exception. Employees who participated in company-sponsored volunteer programs reported better mental health on average than those who did not participate. Fleming notes that it’s important to consider that people who are willing to volunteer for a cause may have relatively good mental health to begin with.

Instead of proposing these initiatives, Fleming suggests that employers focus on improving working conditions. For example, they can assess whether someone’s workload is too demanding, whether they’re working too many hours, and whether management strategies can be improved, he said.

topic:

Source: www.newscientist.com

Bestwell secures $125 million in funding to aid in the advancement of workplace savings programs for companies

Bestwell, which provides infrastructure for employers to promote workplace savings programs, has raised $125 million in what the company calls a “pre-emptive” funding round.

Lightspeed Venture Partners led the round, with participation from existing backers Fin Capital, Primary Venture Partners, and FinTech Collective, as well as new investors Blue Owl and HarbourVest.

The New York-based fintech company declined to reveal its valuation.

As part of this round, Justin Overdorff, Lightspeed’s lead fintech partner, joined Vestwell’s board of directors.

bestwell CEO Aaron Schumm founded the company in 2016 and launched its cloud-native platform in 2017. In this latest round, he raised $227.5 million.

Shumm declined to provide specific revenue numbers, but told TechCrunch via email that the startup: “We achieved revenue growth of over 1,000% in three years.”

“ARR and sales will also increase by more than 100% in 2023,” Schumm said, noting that the company is “on the path to profitability in the near term.”

bestwellHe added, “Prior to this pre-empted Series D funding, it was funded through profitability.” The company’s last raise was a $70 million Series C round in 2021.

More than 1 million employees at 300,000 companies use the Vestwell platform, which the company says has contributed to nearly $30 billion in asset savings over time. The company operates in partnership with financial institutions such as Morgan Stanley and JPMorgan, state governments, and payroll companies, and generates revenue for Bestwell through per-employer or “per-saver” monthly fees. . Bestwell says that as a partner extension, it enables an array of programs that include retirement, health, and education, including 401(k), 403(b), IRA, 529 Education, ABLE disability programs, and emergency savings programs. There is.

Earlier this year, JPMorgan used Bestwell to expand its 401(k) product.

“We help these companies migrate away from outdated legacy platforms, giving them a competitive edge when entering severely underserved markets,” Schum said. states.

Schum said Bestwell’s public-private partnerships are increasingly driving the company’s business by giving state governments a way to provide a “personalized savings experience.”

“We are now a leading partner in this space, currently powering 80% of the Live State Auto IRA savings programs in this country,” he said.

The company will use the new funding to expand its National Savings and other public savings program initiatives, enhance existing products and develop new products. About half of the new funding will go toward acquisitions, Schumm said. July, Bestwell Acquires student loan benefit provider Gradifi It was acquired from Morgan Stanley for an undisclosed amount.

Vestwell has just over 350 employees and has grown its team size by approximately 40% in the last year.

Lightspeed’s Oberdorf said the company was “deeply impressed with Bestwell” and impressed by the company’s “groundbreaking infrastructure-first approach to solving America’s systemic savings problem.” He said he received it.

“They are undeniably a dominant player and a true disruptor when it comes to the world of savings. Lightspeed is excited about our investment. I am proud to join the board and look forward to accelerating this I look forward to working closely with Aaron and his team to bring the company together. ”

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Source: techcrunch.com

Activision Blizzard settles California workplace discrimination lawsuit for $54 million

California Department of Civil Rights settlement Activision released a joint statement with Blizzard late last week, two years after state regulators filed a lawsuit alleging sex discrimination, pay inequality and a culture of sexual harassment at the video game company.

Activision Blizzard, publisher of hit games such as the “Call of Duty” series and “World of Warcraft,” has agreed to pay $54 million and take steps to ensure fair pay and fair promotion. I promised. Approximately $46 million of the funding will be used to compensate employees, particularly women who were employees or contractors of the company from 2015 to 2020. Details of the settlement have been finalized but still require court approval.

“If approved by the court, this settlement agreement would be a significant step forward and provide direct relief to Activision Blizzard employees,” said California Department of Civil Rights Director Kevin Kish. The agency was previously known as the Department of Fair Employment and Housing, but changed its name last year. Activision Blizzard operates from its headquarters in Santa Monica, California.

The agency filed a lawsuit in Los Angeles County Superior Court in 2021, alleging the company violated rules set forth in the state’s Equal Pay Act and Fair Employment and Housing Act. The California Department of Civil Rights announced it was dropping the allegations as part of the settlement. agreement “Allegations of systematic or widespread sexual harassment at Activision Blizzard have not been substantiated by a court or independent investigation.”

The settlement also says an investigation by the California Department of Civil Rights found no evidence of wrongdoing by the company’s board, executives or CEO Bobby Kotick.

Activision Blizzard was cited in February for failing to “put in place the necessary controls to collect and review employee complaints of workplace misconduct,” ultimately preventing that information from being disclosed to investors. agreed to a $35 million settlement with the SEC.

The California lawsuit includes employee strikes, inflammatory statements from executives, stock price volatility, and ongoing concerns that the company fosters a toxic workplace culture to the detriment of employees. It ushered in a dramatic era for Activision Blizzard.

A series of events ultimately led to Microsoft’s move to acquire the company. Regulators finalized the $68.7 billion deal in October. Activision Blizzard’s longtime CEO Bobby Kotick has become deeply embroiled in years of controversy and plans to leave the company at the end of the year.

Source: techcrunch.com