According to a recent study by the Institute for Public Policy Research (IPPR), up to 70% of tasks in computer-based jobs could be transformed or replaced by AI, with jobs in project management, marketing, and administrative support being the most affected. The report highlights the need for greater government intervention in AI policy to address the implications of powerful AI, rather than just focusing on accelerating AI uptake and safety. The study found that AI will have the greatest impact on organisational, strategic, and analytical tasks, and this issue will be discussed at the upcoming Paris AI Action Summit next week.
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Trump tariffs live: Global stocks sink and FTSE sees biggest drop since Covid pandemic on second day of market turmoil
The UK's FTSE-100 stock market experienced its largest one-day drop since the pandemic began, closing down nearly 5% amid global market turmoil caused by Trump's new tariffs. China retaliated with a 34% tariff on US imports, sparking fears of a trade war between the two largest economies. Richard Branson criticized Trump's tariffs, warning they would harm economies worldwide, while Sir Keir Starmer plans to discuss the issue with global leaders. Full Article
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