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Yorkshire Firms Say Artificial Intelligence Is Helping Create New Jobs
The Lloyds Business Barometer found 25% of UK employers are hiring candidates with AI skills as 54% say the technology created jobs.
- Most British businesses report that artificial intelligence has created new roles, with a quarter of employers hiring for AI skills and a fifth creating AI-specific roles, according to the Lloyds Business Barometer.
- To maintain competitiveness, 58 per cent of firms plan to increase investment in AI to "upskill their workforce," moving beyond initial experimentation into hiring strategy integration.
- While 62 per cent of firms in the West Midlands currently use AI, 31 per cent of businesses nationally report their workforce lacks the necessary capabilities to meet demands.
- Bank of England Governor Andrew Bailey highlighted the challenge of using AI as a productivity booster, while New Prime Minister Andy Burnham warned about the impact on jobs and young people.
- Amanda Murphy, chief executive of commercial banking at Lloyds, says firms must focus on "building the skills, culture and confidence to use it effectively" to achieve sustainable growth.
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Coverage Details
Total News Sources12
Leaning Left0Leaning Right1Center6Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
C 86%
14%
Factuality
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