Send
Print
Matthew_Henry
The Guardian reports that new guidelines from the Treasury might be revealed on July 14. The initiative is said to "force employers to enhance their employees' skills and assist them in staying current with technological advancements."
Under the guidelines, around 20 prominent UK financial entities, such as Barclays, Lloyds, the London Stock Exchange, investment firm Fidelity, and others, will create a three-year strategy to educate and certify their workforce in five essential skills, including artificial intelligence.
Financial institutions and banks will provide yearly reports to the Treasury and the Parliamentary Commission on Skills in Financial Services.
According to The Guardian, officials think that enhancing the skills of financial sector employees will not only boost corporate efficiency but also "secure job stability in the future," decreasing the chances of layoffs as AI becomes more prevalent.
source: theguardian.com
Under the guidelines, around 20 prominent UK financial entities, such as Barclays, Lloyds, the London Stock Exchange, investment firm Fidelity, and others, will create a three-year strategy to educate and certify their workforce in five essential skills, including artificial intelligence.
Financial institutions and banks will provide yearly reports to the Treasury and the Parliamentary Commission on Skills in Financial Services.
According to The Guardian, officials think that enhancing the skills of financial sector employees will not only boost corporate efficiency but also "secure job stability in the future," decreasing the chances of layoffs as AI becomes more prevalent.
source: theguardian.com
