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Category: business – Page 99

Almanac Thinks Better Collaboration, Not AI, Can Help Professionals Save Time At Work

Companies are seeking innovative ways to improve collaboration and productivity as remote and hybrid work become more common. Google Workspace has invested in generative AI tools to reduce user workload, but Almanac.

Google Workspace has invested in generative AI tools to reduce user workload, but Almanac, a platform for structured collaboration, believes that getting humans to work better together can increase productivity.

Following a closed beta that included over 1,000 organizations, including Indeed and Cisco, the company is now releasing early access to its platform. Additionally, it provides insight into how businesses can improve collaboration through “The Modern Work Method,” based on interviews with over 5,000 business leaders.

Lockheed Martin announces reorganization of its space business

WASHINGTON — Lockheed Martin announced May 4 it is consolidating several businesses focused on space into three sectors: Commercial civil space, national security space, and strategic and missile defense.

“With an eye toward the future and building on our current business momentum, these changes position us to deliver end-to-end solutions for today’s mission demands and well into the future,” said Robert Lightfoot, executive vice president of Lockheed Martin Space.

The first casualties of AI

Artificial intelligence has started to make a real impact on the world by replacing human jobs and making some business models obsolete. We take a look at this week’s biggest AI news and identify the biggest losers in the AI race.

#ai #tech #thecodereport.

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Geoffrey Hinton Resigns https://fortune.com/2023/05/01/godfather-ai-geoffrey-hinton-…ad-actors/

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Chegg stock plunges on AI threat to new user growth

Some companies are negatively impacted by the appearance of ChatGPT and similar AI.

CNBC’s Deirdre Bosa reports on Chegg as the shares of a California education company dropped more than 40%. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi.

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The Passwordless Revolution Has Arrived

At last, we’re on the cusp of a passwordless era. Replacing passwords with passkeys promises to reduce frustration while making us safer.

However, through my experience working with businesses and end users, I’ve found widespread misunderstandings around passwordless technologies. Many don’t understand what passwordless technology is or how it works, and some mistakenly think that more onerous login processes mean it’s more secure. Here’s an update on where we stand and what we need to take passwordless technology mainstream.

Passwords may be the default, but they’re not our best option.

Elon Musk says he’s getting rid of rare Earth magnets in Tesla EVs

In a recent presentation, Tesla said that it was working to eliminate rare Earth magnets from its EVs over supply and toxicity concerns.

In a major move, Tesla is looking to rid its electric vehicles of rare Earth minerals, potentially eliminating the biggest environmental concern over the increasing number of EVs on the road.

The surprise announcement came during Tesla’s Master Plan 3 Investor event where the company outlined its business strategy for the next few years.

Tesla.

Mark Zuckerberg says AI boosts monetization

AI is having its moment on tech earnings calls for the second consecutive quarter, following the widely popular launch of OpenAI’s ChatGPT in late November. But not every company has the same plans for the new technology.

Nvidia (NVDA) is selling AI powered supercomputers. Microsoft (MSFT) is integrating ChatGPT into its search engine to compete with Google (GOOGL), which has its own AI searchbot.

Meta’s approach is slightly different. The core business for Meta since the early days of Facebook has been advertising sales, which still account for 98% of the company’s quarterly revenue. So naturally, enhancing advertisements with AI is where Meta believes the new technology can be most impactful.

How Generative AI Will Change Sales

Sales teams have typically not been early adopters of technology, but generative AI may be an exception to that. Sales work typically requires administrative work, routine interactions with clients, and management attention to tasks such as forecasting. AI can help do these tasks more quickly, which is why Microsoft and Salesforce have already rolled out sales-focused versions of this powerful tool.

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Microsoft and Salesforce have already rolled out sales-focused versions of this powerful tool.

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