Tera Allas CBE
@teraallas.bsky.social
370 followers 34 following 200 posts
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teraallas.bsky.social
UK #AI adoption continues to grow, with 24% of businesses now saying they are using specific AI tools (up from 15% a year ago). Broadly, adoption (Y-axis) mirrors estimates of AI's ability to automate or augment tasks (X-axis) within the occupations typical for each sector. #dataisbeautiful
teraallas.bsky.social
No wonder we feel poorer, and government finances are weaker, that early 2000's.
teraallas.bsky.social
Pleased to have contributed to this timely, and thoughtful, article, by @barneymac.bsky.social at The Observer, on #AI and graduate #jobs. I agree with the main take: the broader economy is a bigger cause of young people's job challenges than AI. #dataisbeautiful

bit.ly/4nTz1V4
Yes, today’s jobs market is tough for graduates – but AI ...
Figures show that while competition is tight, it’s the economy not tech that is the cause
bit.ly
teraallas.bsky.social
#AI has a trust problem. Luckily for those wanting to use it to power services, no-one has a solid definition of #AI. So, if you need to, just call it "software". Interesting ONS survey results here: bit.ly/3VyJgSK
teraallas.bsky.social
What do you use #ChatGPT for? Work, life, both? Do you conform to your age/sex/job stereotype? What uses are you missing out on? I'm a heavy user, but how do people use it for "Greetings and chitchat"? Do enlighten me. Absolutely fascinating paper: bit.ly/4neZ9dn
#dataisbeautiful
teraallas.bsky.social
Knew it! A fascinating, balanced, read. "The big picture is that the benefits of sunlight outweigh the risks—provided you don’t get sunburnt.” [I wish they'd said more about benefits of sun even if you are wearing SPF50 -- does it still count/help? Helps my mood, for sure!]

bit.ly/4pxM00u
The health benefits of sunlight may outweigh the risk of skin cancer
More sun might improve your heart and immune system. Just don’t get sunburnt
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teraallas.bsky.social
Enjoyed the wide-ranging (if early!) conversation with @felicityhannah.bsky.social, Lucy Coutts, and Michelle Laithwaite on BBC #WakeUpToMoney. Is the £150bn to be invested in the UK by US tech firms a big deal? I think we all agreed it was material and positive.

www.bbc.co.uk/sounds/play/...
Wake Up to Money - Like a breeze - BBC Sounds
With President Trump's visit over, Felicity Hannah unpicks a flurry of CEOs and deals.
www.bbc.co.uk
teraallas.bsky.social
Wow, #NHS (and social care) #productivity has never been more important, as shown here by @theifs.bsky.social report bit.ly/4mhSzkN. A couple of good papers on this by @productivity.bsky.social, in comments. #NHSProductivityCommission #dataisbeautiful
teraallas.bsky.social
Pleased to have contributed to this article on the cooling #labour #market (more complex than headlines about #AI or #vacancies suggest). Quit rates are down from around 1.3% to 0.8%, similar to pre-pandemic. Employers need to watch out for "quiet quitting" (see: bit.ly/3SUSrv3).

bit.ly/4gpJpS1
Workers cling to their jobs as ‘great resignation’ goes into reverse
Redundancy fears and rising competition for roles are killing off job-hopping
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teraallas.bsky.social
Should the BoE remain worried about still-high #wage #growth in the UK? Probably yes. But there is some good news (from an #inflation perspective): wages are moderating relatively strongly particularly in consumer-facing sectors that tend to drive inflation more. #dataisbeautiful
teraallas.bsky.social
Pleased to see that monthly #GDP got almost no coverage on Friday. Way more interesting are the long-term trends in, e.g., the sectoral statistics. This chart is one (important) illustration, when talking about things like #growth and #industrial strategy... #dataisbeautiful
teraallas.bsky.social
Fascinating report / sales pitch from Google on where #AI / agents are delivering ROI. 70% of executives claim they are seeing productivity improvements from #AI. How come we see nothing in national productivity stats? Aka 'read with caution'. #dataisbeautiful bit.ly/3JS3eFq
teraallas.bsky.social
Great data, great chart! Good to know we have such data and analysis available!
teraallas.bsky.social
Fascinating how little attention this data is getting: direct debit failure rates seem to be rising persistently, across all categories of payment. Is this a signal of increasing household financial distress or not really indicative of the big picture? Thoughts? #dataisbeautiful
teraallas.bsky.social
Really enjoyed joining #WakeUpToMoney with Will Bain, Rachel Carrel, and Sunil Krishnan. Does the late budget date mean a) interminable speculation or b) careful preparation? And how can the Chx make the budget pro #growth while still balancing the books? Listen here: www.bbc.co.uk/sounds/play/...
Wake Up to Money - Autumn Reeves - BBC Sounds
Will Bain assesses the impact a late Autumn budget will have on business and the economy.
www.bbc.co.uk
teraallas.bsky.social
Let's remember that the story on #AI taking young graduates' jobs is a lot more nuanced. Latest job ads data actually suggests a recovery across the board but, yes, slightly less so for typical young, graduate occupations. [Could be seasonality, too.] #dataisbeautiful
teraallas.bsky.social
Thank you for a wonderfully insightful piece, @hetanshah.bsky.social! I'm unapologetically going to use it, though, to advance one, simple idea: we must measure life satisfaction in the next Census. It is literally 1 (or max 4) questions. What a missed opportunity in 2021/22.
teraallas.bsky.social
The biggest driver of the cost of living crisis has been housing and utilities costs. Intriguingly, these have increased most for the lowest and highest income deciles (U-shaped curve). Electricity and gas big for the lowest decile, mortgage interest for the highest. #dataisbeautiful
teraallas.bsky.social
Thank you! Very useful.
teraallas.bsky.social
Out of interest, which data does this use? [E.g., is that H1 2025 vs H1 2024, or something else? And source OECD?]