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Generative AI Adoption Is Gen AI reshaping work? Our latest Digital Consumer Trends reveal that over a third of UK professionals are now using generative AI tools. But just how deep does AI integration go in our workplaces? Find out in our DCT report. https://lnkd.in/dfZ5qrby #DigitalConsumerTrendsUK #DigitalConsumerTrends2024 #DCT2024

🌟 The Future of Business is AI — But Only with Responsible Governance 🌟 As AI continues to evolve, its potential to revolutionize every facet of business is undeniable. From enhancing customer experiences to supercharging internal processes, generative AI tools are reshaping how organizations function and grow. But with great power comes great responsibility. To truly unlock the potential of AI, corporate leaders must prioritize responsible AI governance. We must not only embrace innovation but also safeguard our intellectual property and protect sensitive data. Without strong governance, we risk exposing our organizations to misinformation, security breaches, and data bias. At the core of responsible AI deployment is the need for transparency and human oversight. AI should be used to augment, not replace, human creativity and reasoning. Building AI governance frameworks that align with corporate values and protect intellectual property will be vital in ensuring ethical, long-term AI success. By investing in AI literacy and empowering our teams with the proper knowledge, we can drive transformation responsibly and sustainably. The future is bright — let’s lead with purpose and integrity. https://lnkd.in/gRBAHpwd #AIGovernance #ResponsibleAI #DigitalTransformation #Leadership #Innovation #IPProtection #EthicalAI #FutureOfWork #AI #BDO

Half of govt, public service firms to use GenAI soon: EY survey https://lnkd.in/grTMJ5UK #GenAI #PublicServiceFirms #GovernmentalAndPublicSectorBodies #GPS #GPSBodies #GVA #FinancialSector

Thrilled to share that Deloitte has just launched the highly anticipated Digital Consumer Trends report for 2024! This year's research offers invaluable insights into technology, media, and telecommunications. Key findings include: - 14% of professionals are integrating generative AI at work, - 33% of consumers are holding off on new device purchases, - 65% doubt companies' environmental claims, and - 74% have encountered online misinformation. 🌟 One standout finding: Generative AI Adoption 🌟 Is Gen AI reshaping work? Our latest Digital Consumer Trends reveal that over a third of UK professionals are now using generative AI tools. But just how deep does AI integration go in our workplaces? Dive into the report to find out more. https://lnkd.in/ezTipp2f #DigitalConsumerTrendsUK #DigitalConsumerTrends2024 #DCT2024

FTI Consulting's Joe Knight and Corey E. Gildart explore how AI has transformed the employment and hiring lifecycle in this article for HR Dive. With increasing regulation, organizations must scrutinize how AI tools interact with employment data to avoid adverse impacts, such as unintended discrimination. As AI continues to evolve, it’s crucial for businesses to ensure ethical and fair use to prevent negative outcomes and uphold responsibility. Learn more here: https://lnkd.in/dgnm3Njk

You've seen what #GenerativeAI can do, but how do you know what tasks it is best suited for? Deloitte's Center for Government Insights analyzed the data from 19,000 tasks collected by the US Department of Labor to answer this exact question. The analysis showed that GenAI can excel in drafting speeches and summarizing legislation, but human judgement remains irreplacable for high-stakes decisions that still need a human touch. Check out how to balance creativity and accuracy in this summary insight from #Insights2Action. https://lnkd.in/eQi8bi6U

I’m on my way to #KPMGLakehouse for our KPMG US + Oracle Customer Connect event! I’m looking forward to talking to our clients and alliance partners about key themes, including #AI, transformation, the future of work, the future of finance, the role of managed services, and how we can achieve meaningful business outcomes by working #together. More #insights to come. #KPMGPoweredInsights #KPMGManagedServices #KPMGAlliances #FinanceTransformation #BusinessTransformation #ManagedServices

A new report from Deloitte reveails legal and regulatory compliance, security and privacy concerns, and workforce readiness are the top-of-mind hurdles for #healthcare executives when it comes to implementing #generativeAI in their organizations. These technologies -- which promise assistance for everything from clinicial documentation to patient interactions -- are advancing faster than many organizations can keep up. While leaders may be eager to reap the benefits, premature deployment can have its pitfalls. If you're wondering how to successfully implement these solutions, I can help.

Deloitte's Asia Pacific Centre for Regulatory Strategy has published a new report delving into the risks associated with the use of #GenAI in the Financial Services sector. The report also sheds light on the current AI regulatory landscape in Asia Pacific and offers guidance to FS firms on how to prepare for upcoming legislation and regulation in this rapidly evolving area. Gain valuable insights and practical recommendations in our latest report here [https://lnkd.in/gdCrFHbD]

WILL AI Force Young Accountants Back Into The Office? In the wake of artificial intelligence (AI) reshaping the workplace, PwC UK’s chair, Kevin Ellis, has issued a stark warning to younger staff: return to the office or risk being replaced by AI. This bold statement, made at the World Economic Forum, has sparked a debate on the evolving role of accountants and the necessity of office presence in the digital age. AI’s rapid rise across workplaces has triggered concerns about job security, particularly among junior employees. Generative AI, as Ellis pointed out, is eliminating tasks where junior employees used to gain initial practice or experience. This shift underscores the need for younger employees to be in the office more to advance their careers faster. “It’s a lot more face-to-face time being important and a lot more developing,” Ellis said. This sentiment is echoed by Mark Flavell, PwC’s Global Next Generation Audit Technology Leader, who believes that AI-enabled services will augment the capabilities of professionals and free them up to focus on higher-value tasks. While the automation of routine tasks brings efficiency and accuracy to the profession, it also raises questions about the future role of accountants and the need for them to be physically present in the office. As AI takes over repetitive tasks, it creates a demand for accountants with higher-level skills, such as data analysis, strategic decision-making, and client interaction. #ai #aiautomation