info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)

United Kingdom Leads as Employers Prioritize Consulting Employees on Technological Changes

By Shubham Munde , 18 August, 2023

Organization for Economic Co-operation and Development (OECD) has published a report for the 2023 labor market and artificial intelligence focusing on the manufacturing and financial sectors. The OECD Outlook 2023 gives a deeper understanding of the benefits and downsides of artificial intelligence (AI) in the workplace.

According to OECD Outlook 2023, the United Kingdom proves to be the foremost among other countries when it comes to the active engagement of employers in consulting their employees and the worker representatives regarding the usage of artificial intelligence at the workplace. Ireland and Germany come next to the United Kingdom, but the United States and France are far behind in the list of countries actively involved in consulting workers about the use of new technology. The report by OECD also holds that artificial intelligence can contribute to the workplace by enhancing job quality and performance. The report provides more information on the finance topic; the companies who consult their workers and representatives on the new changes in finance have an 18 percent increase compared to those who did not confer on the same. In the manufacturing sector, a 19-percentage point difference is there for the reasons mentioned above. As per the information from other studies, it is very unclear whether the consultations are based on encouraging the workers to adopt the artificial intelligence positively into their work safely and productively or to enable the growing perceptions of artificial intelligence. However, the most discussed topics are based on the upgradation of skills and training needed for the same.

For the manufacturing sector, the employer-employee discussion is most likely to be on topics related to the impact of AI in the workplace. In the finance case, it is about the use of data. According to the report by OECD, 60 percent of employers consult the workers in finance, followed by 65 percent in the manufacturing sector. These consultations have resulted in changes in adopting new AI strategies.

Percentage Share of Online Job Posting Offering Each Benefit in Canada, UK, and US

UK-CONSULTATION.jpg

Latest News

2022.png
High Rate of Emissions from Cement and Steel Manufacturing in 2024

The United Nations Environment Programme (UNEP) claims limiting the increase in global average temperature to 1.5 degrees Celsius is quite unrealistic. The emission rate from different industries shows various results in the reports published by UNEP…

Read More

sectors.png
Gen AI Revolutionizes Insurance Sector, Tries to Build Consumers’ Trust

Insurer executives worldwide report that generative AI is critical to maintaining their edge in the insurance market, and as such, 77% of them rank its significance. But customers, in this case, the clients of insurance companies, are more cautious…

Read More

year-wise.png
China Plans to Manufacture Fastest Charging EV Batteries

China rightfully takes center stage in progress in ultra-fast charging EV batteries. As it appears, a Chinese electric vehicle manufacturer has emerged as a clear industry leader by developing the fastest charging battery in the world that can go…

Read More

CHINESE-BRANDS-2024.jpg
Chinese Tech Sector Strengthens, may Dominate Western Big Techs in the Future

Chinese market goes through significant economic changes in 2024. Globally, Chinese brands are climbing the ladder higher in the market. A 2024 survey shows the performance of some Chinese companies with the highest brand value. These companies help…

Read More

transition.png
Supply Chain Disruptions causes Slow Clean Energy Transition

There is a global race to clean energy sources because of climate change in 2024. However, there is a danger that the impending metal supply crisis will offset this gain. The move to renewable energy technologies greatly depends on critical minerals…

Read More

Author Pic
Shubham Munde

Research Analyst Level II