The UK stands to gain more than £700 billion from the impacts of generative AI, according to a new study, with close to half of all working hours in line to be disrupted by the technology. However, according to a new study from Accenture, some 8 million still lack basic digital skills, meaning they could be left behind during a potential realignment of the employment market.

Since generative AI has burst onto the scene, Accenture has worked on over 700 projects for clients exploring the technology’s potential. While it is still unclear what that potential is – beyond broad statements about improved efficiency, reduced costs, and more accurate, faster analysis of data – this has positioned Accenture well when it comes to reading the proverbial tea-leaves, and forecasting what kind of a future economy GenAI might help to build.

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