McKinsey reports on the need for companies to rethink their talent strategy in the face of the AI skills revolution. If every company needs to be a software company, do you have a software organisation that can deliver?
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Tech research and advisory giant Gartner predicts that by 2028, a quarter of job applicants globally will be fake, largely driven by AI-generated profiles. HR departments — many of them understaffed and working with outdated technology –have become prime targets. Fraudsters are deploying real-time deep fake video technology during virtual interviews that can match facial expressions and lip-sync with remarkable accuracy. Voice cloning technology can simulate accents and intonations.
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The 2019 liquidation of Stanley Construction left about 200 subcontractors stranded. Master Electricians New Zealand, which represents around 10,000 individual electricians, is funding an application to seek a clear ruling from the High Court over the use of retention funds, in this case amounting to $2.1 million. Ford Sumner Lawyers has made an application for the court to review the liquidators’ actions and to appoint replacement liquidators to administer the retention monies.
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A wide-ranging global report prepared by Cushman and Wakefield says the Asia-Pacific commercial property market is expected to remain sound in the face of US tariff and trade pressures. Nonetheless, despite support from the domestic market the region will not be exempt from the effects of a global slowdown as business increasingly adopt a more cautious approach to decision making. New Zealand, Hong Kong, Singapore and Australia buy more than they sell to the US market.