Finance Group » Gillmore Centre Network (tag [Yi Ding])

Ruckus in the Rentals, Seeking New Arrangements: Remedying the Impact of Home-Sharing on Urban Noise

Sun, 15 Sep 2024 10:06:00 GMT

Drawing underutilized residential assets into the tourism economy, home-sharing platforms create tremendous economic value for their owners and users. They also, however, generate negative externalities. This study examines the impact of home-sharing property use on an externality which has been increasingly understood to have adverse consequences for human health and wellbeing – noise. Based on empirical analyses using a large sample of transactions from a popular platform, we show that property use increases noise which adversely affects neighbours. More interestingly, we show that the increase in noise is mitigated when property use is spatially or temporally concentrated. A high concentration of property use, our analyses reveal, can enhance the effectiveness of deterrence created through enforcement action against noise complaints. We further conduct empirically informed simulation experiments and propose a nudging algorithm which helps platforms mitigate noise externalities while also fulfilling user preferences and maintaining revenue growth. Contributing to the burgeoning literature on platform externalities, our work highlights the need for further research on potential complementarities between platform and regulatory governance and provides platforms with an alternative approach to the reputationally expensive guest penalties for addressing noise externalities.

EY: Financial services leaders anticipate major GenAI impact

Thu, 21 Dec 2023 16:53:11 GMT

EY’s European Financial Services AI Survey finds more than a third of companies have no plans in place to train employees in emerging GenAI technologies

Bletchley Park AI summit highlights global threat & essential safety strategy

Thu, 21 Dec 2023 15:32:00 GMT

The recent AI Safety Summit at Bletchley Park revealed fears about artificial intelligence (AI) being one of the most significant threats to humanity, possibly capable of eradicating human existence. The summit brought together politicians, executives, and thinkers to discuss the future of AI and create a safety roadmap.

Government steps up digital skills with 2,500 new tech recruits

Thu, 12 Oct 2023 09:36:22 GMT

The UK Government is paving the way towards a successful future in IT as it ramps up digital skills with 2,500 new tech recruits. The new recruits will be in digital roles in government by June 2025 through new apprenticeship and early talent programmes, the Cabinet Office has announced.

This new initiative announced by the Government is being kickstarted by the new digital apprenticeship programme, which will support the recruitment of 500 early career entrants into digital roles this financial year across government.

Who’s Speaking, Machine or Man? How Generative AI Distorts Human Sentiment

Wed, 11 Oct 2023 10:55:00 GMT

Yi Ding, Ashkan Eshghi, Ram Gopal, Yifei Wang have been working on this paper and presented this Workshop on Information Technology and Systems, Copenhagen, Denmark 2022.

Government pledges to recruit 2,500 tech talents

Mon, 09 Oct 2023 10:24:24 GMT

Up to 2,500 ambitious tech talents will be recruited into digital roles in government by June 2025 through new apprenticeship and early talent programmes, the Cabinet Office has announced. Dr Yi Ding has commented on this topic

The Great Exodus: Young Tech Talents Opt for Greener Pastures

Wed, 04 Oct 2023 09:00:00 GMT

Discovering the Real Reasons Behind the Migration Trends of Young Tech Professionals in the UK

§ 85% of the youth believe relocating offers better job prospects.

§ Regional disparities observed, with over 90% feeling the need to move in areas like the north-east, Yorkshire, and the east of England.

§ Experts suggest businesses must increase inclusivity and embrace the untapped potential within regional tech hubs.

Skills crisis: 85% of young people feel they have to move for opportunities

Tue, 03 Oct 2023 10:23:29 GMT

Some 85 per cent of young people between 16 and 18 feel they have to move for better job opportunities, despite having desirable tech skills, according to Social Mobility Foundation research. School leavers believe that staying in their area is not an option, with over 80 per cent saying they need to move to get better opportunities. This number rose to over 90 per cent in the north-east, Yorkshire and the east of England.

The FinTech and tech industries are crying out for people with digital skills

Thu, 28 Sep 2023 13:30:44 GMT

Dr Yi Ding, Assistant Professor of Information Systems at the Gillmore Centre for Financial Technology, commented: “The FinTech and tech industries are crying out for people with digital skills. The UK has taken a nationwide approach to education, with world-class academic research centres across the country, but there is a lack of focus on supporting those leaving education within their local regions. We’re seeing technology such as Generative AI being adopted by many organisations, so it’s vital that these organisations have access to highly skilled staff to guide its evolution.”

Females make up only 6% of Crypto CEOs according to new research

Wed, 20 Sep 2023 09:29:31 GMT

Forex Suggest have found that blockchain CEOs are disproportionately male-dominated, with women making up only 6% of CEO positions within crypto companies.

The study surveyed 50 leading crypto and blockchain companies, comparing the influence of their CEOs and the gender disparity in leadership positions.