Labour’s ambitious AI Opportunities Action Plan sets a strong vision to leverage AI technologies for UK economic growth. How realistic are these plans, and do they come at the cost of AI safety, the previous government’s priority?


Labour starts the year strong with the publication of its AI Opportunities Action Plan. It presents a bold vision for leveraging AI to drive economic growth and improve public services. Labour’s plan prioritises securing sovereign AI capabilities for the UK’s economic future and is a clear supportive signal to the UK tech sector. This marks a policy shift away from AI security towards economic growth as a guiding principle of AI policy. While the focus on investing in infrastructure such as computing power and a National Data Library is welcome, this vision comes with significant challenges, particularly in terms of addressing … Continue reading Labour’s ambitious AI Opportunities Action Plan sets a strong vision to leverage AI technologies for UK economic growth. How realistic are these plans, and do they come at the cost of AI safety, the previous government’s priority?


Trump’s Project 2025 agenda caps decades-long resistance to 20th century progressive reform Colin Gordon, University of Iowa For much of the 20th century, efforts to remake government were driven by a progressive desire to make the government work for regular Americans, including the New Deal and the Great Society reforms. But they also met a conservative backlash seeking to rein back government as a source of security for working Americans and realign it with the interests of private business. That backlash is the central thread of the Heritage Foundation’s “Project 2025” blueprint for a second Trump Administration. Alternatively disavowed and embraced … Continue reading

The Best of Bain 2024


The world ahead of us In this mailing we highlight the eight most-read and most-commented on stories of the year. Could they also be predictive? Taken together, they offer a frame through which to view a newly post-global world, where AI is an object of intense awe (and scrutiny) and where leaders distinguish themselves by building resilient corporations steeled against increasingly frequent shocks. The question to ask as you read is, which of these risks is actually your greatest opportunity? — The Bain Team 1 Tariffs and the awful price of inaction The globalized world is going post-global. Every executive … Continue reading The Best of Bain 2024

Top 10 | McKinsey Global Institute


As 2024 draws to a close, we’re revisiting our most popular insights of the year. Today, we give you our best-read pieces from the McKinsey Global Institute, which focus on topics including navigating the energy transition, investing in productivity growth, and more. 1. Geopolitics and the geometry of global trade Global trade patterns are reconfiguring. More shifts are likely and businesses need to be aware of the potential trade-offs of different paths ahead. Be prepared for a range of shifts  2. A new future of work: The race to deploy AI and raise skills in Europe and beyond To gain … Continue reading Top 10 | McKinsey Global Institute

The AI National Security Memo and broader evolution of AI inferred


AI National Security Memo followed by MicKinsey memo on evolution of AI usage On October 24, 2024, the White House issued the first National Security Memorandum (NSM) on Artificial Intelligence, marking a significant development in U.S. AI policy and national security strategy[1][3]. This memorandum outlines a comprehensive approach to harnessing AI for national security objectives while addressing associated risks and challenges. Key Aspects of the AI National Security Memo AI as a National Security Priority The NSM identifies AI leadership as a critical national security priority for the United States[1]. It acknowledges that competitors have engaged in economic and technological … Continue reading The AI National Security Memo and broader evolution of AI inferred

LTIMindtree wins its largest deal in its history: … embedding AI into all offerrings


Current progress by LTIMindtree including expansion into US. The focus on embedding AI into all services, and rationalising smaller clients who do not folllow this approach is designed to create a forward looking portolio of customers.. Sources Times of India, Ecomomic Times India’s sixth-largest technology services company, LTIMindtree, has reportedly won its largest deal ever. The company focuses on revolutionising smaller clients and grabbing a higher share of vendor consolidation deals with artificial intelligence (AI), the biggest transforming technology. Now, the company has established a strong presence in the market.  “We are now embedding AI into each of our services, reimagining with … Continue reading LTIMindtree wins its largest deal in its history: … embedding AI into all offerrings

Bad reporting example on bank runs in Canada without evidence


This is reporting at its worst. The content stretches to match the title but it is not even close. To talk about bank runs without context is wrong. Clouds on the horizon? There are alaways emerging risks, but no Canada specific clouds. Canada needs to prepare as the risk of bank runs rises, warns report ‘Emerging clouds on the horizon’ signal changes needed to existing checks and balances Get the latest from Naimul Karim straight to your inbox  Published Oct 01, 2024  •  Last updated 6 days ago  •  3 minute read Canada may not have had a big banking failure in many years, but “emerging clouds … Continue reading Bad reporting example on bank runs in Canada without evidence

Hybrid working in global cities: how does London’s return to the office compare? 


#Productivity  #The Future of Work  Hybrid working in global cities: how does London’s return to the office compare? Toronto is behind the rest of world.  Workers in central London continue to return to the office, though not as quickly as in other global competitor cities, raising concerns about future economic growth.  Blog post  published on 3 September 2024  by Rob Johnson Workers in central London continue to return to the office, though not as quickly as in other global competitor cities, raising concerns about future economic growth.  It seems that reports of the death of the office have been greatly exaggerated. This was clear last year, where a Centre for Cities’ … Continue reading Hybrid working in global cities: how does London’s return to the office compare? 

Everyone’s internet is different


Steve Rubel sums up his observations from the always insightful Le Web conference in Paris this week. His second observation caught my attention and reflects how both I and my friends see the web. Three Observations from Le Web Second, nowadays no two people see the same Internet. This was a key point that Facebook made, saying that we increasingly discover online content not just by algorithms but via the "lens of friends." Microsoft researcher Danah Boyd brought this to life through rich, moving stories. Google’s Marissa Mayer went a step further saying that the future of news is a … Continue reading Everyone’s internet is different