AI firm to cut working week to three days launches in UK
Tomoro, an AI enterprise set on reducing the business working week to just three days by 2029, has commenced operations in the UK.
It's spearheaded by Ed Broussard, a Scottish AI entrepreneur and co-founder of Mudano, now part of Accenture. With its headquarters in London and operations in Edinburgh and Manchester, Tomoro aims to boost workplace efficiency by up to eightfold through the use of custom autonomous agents. This innovation is projected to cut human employee working hours by about 40% within the next five years.
The company's strategy isn't to replace jobs but to develop and manage AI solutions for large corporations that enhance existing roles, thereby significantly increasing commercial output beyond current human capacities. In doing so, Tomoro seeks to usher in a new era of productivity for major firms. The company collaborates with OpenAI, known for ChatGPT and DALL·E.
Ed Broussard, Co-Founder, expressed: “We need to stop thinking about AI as a like for like job replacement - its value extends far beyond that. We want to show businesses how they can turn generative AI into market-leading competitive advantage and enhance the capabilities of their current workforce so that we can collectively achieve more than we’ve ever previously imagined.”
“We’re not talking about simple automation or the removal of repetitive tasks. Tomoro will be integrating synthetic employees into businesses alongside real people that have the ability to reason, grow, increase their knowledge, adapt their tone and problem solve. This is a huge departure from what’s currently on the market.”
According to 2023 research by HSBC, nearly a third of UK businesses are keen to employ AI and automation to strengthen their workforce. However, large organisations often lack the necessary skills and tools to scale AI internally, as evidenced by data from IBM stating that 20% of companies don't possess the adequate tools to harness and utilise their data effectively.
Broussard further added: “AI is as big a societal shift as the invention of farming. Imagine telling a hunter-gatherer that in the future there would be an abundance of food, and it would take no effort to eat. That's what AI will do for productivity in the workplace.”
“Big businesses know they need to change, but they are just not built to move fast enough or reinvent how they operate, which means they’re not capitalising on the opportunity in front of them. For the first time in modern history, the risk of reinvention is less than even an aggressive growth strategy. We want to meet this challenge head-on, so that companies can start using AI in tandem with their human employees to deliver demonstrable value.”
Joining Broussard is a top-tier R&D team, leaders in behavioural science, and experts experienced in deploying applied AI solutions in sectors like finance, telecommunications, and professional services. Tomoro will also focus on manufacturing, industrial, utilities, and infrastructure sectors.
PremFina, a premium finance firm and client of Tomoro, has expressed confidence in this partnership. Tony Livesey, CTO of PremFina, stated: “We continue to integrate AI into our business to provide outstanding services for our customers, but we need someone with hands-on expertise and knowledge to drive us to the next level. Tomoro is truly at the coalface of innovation, so we knew they were the right choice for us. We have complete faith in their abilities and look forward to working together.”