ICO reviewing key businesses’ use of generative AI

The Information Commissioner’s Office (ICO) has called for businesses to address the privacy risks generative AI can bring before rushing to adopt the technology – with tougher checks on whether organisations are compliant with data protection laws. New research indicates that generative AI could become a £1 trillion market within a decade, with potential to bring huge benefits to business and society. Speaking at Politico’s Global Tech Day , Stephen Almond, Exec Director of Regulatory Risk, called for businesses to see those opportunities – but to see too the risks…

Customer experience a vital but overlooked component to successful circular business models, report argues

Businesses looking to adopt circular economy business models are failing to focus on customers, a new report reveals. The report, An Exploration of Customers and the Circular Economy, finds that business models where products and materials are kept in circulation through processes such as reuse, repair, remanufacture and recycling, can only succeed with better support and communication with customers. Researchers from the Exeter Centre for Circular Economy and consultancy Clarasys, embarked on a year-long investigation focusing on providers of food, drink, retail and household appliances, which involved a literature review…

Vodafone calls on UK businesses to donate unwanted devices to Great British Tech Appeal to help bridge digital divide and promote circular economy

Vodafone has launched a drive for more businesses to donate their unwanted devices to its Great British Tech Appeal, to help close the digital divide and promote a more circular economy. Along with Good Things Foundation and their tech refurbishing partner Reconome, The Great British Tech Appeal is a Vodafone initiative that collects unwanted devices, securely refurbishes and reboxes them, adds connectivity and sends them to digitally excluded people, at no cost. Research from Good Things Foundation has shown that there are several barriers preventing businesses from donating old tech.…

ASA creates resource especially tailored for small businesses

The ASA/CAP have released a post called: ASA creates resource especially tailored for small businesses I have enclosed the text of the link below, but please have a look at the ASA/CAP site as there are lots of things of interest to anyone with an interest in Ethical Marketing. For the first time, we have brought together a collection of resources tailored to helping small businesses better understand and follow the ad rules. From Brexit, to the pandemic, to the cost of living crisis; it’s been a real period of change…

Bond, Choose Love, Restless Development and Ripple Effect team up to show how different business models could help INGOs support locally led development

Bond, the UK network of international development organisations, has put together a collection of case studies to help international non-governmental organisations (INGOs) consider alternatives to the traditional grant funding model to generate their own income and avoid funder restrictions whilst shifting both income and power to local communities.  As the funding environment for INGOs becomes increasingly difficult following the Covid-19 pandemic, cuts to the UK aid budget, the ongoing cost-of-living crisis and loss of funding from the European Union, organisations are increasingly forced to find new income streams instead of…