Menu

Blog

Archive for the ‘business’ category: Page 14

Jan 23, 2024

Rethinking AI’s impact: Study reveals economic limits to job automation

Posted by in categories: business, economics, existential risks, robotics/AI

The study, authored by five MIT researchers and titled Beyond AI Exposure, delves deep into the practicalities of replacing human labor with AI in the US, focusing on tasks that lend themselves to computer vision, such as those performed by teachers, property appraisers, and bakers.


Like many of us, you might find yourself nodding to a familiar digital doomsday chorus that vibrates through offices and coffee shops alike: AI will take my job!

Continue reading “Rethinking AI’s impact: Study reveals economic limits to job automation” »

Jan 23, 2024

How Businesses can Transform Strategy in an age of Gen AI

Posted by in categories: business, robotics/AI

With AI impact being much discussed at davos, the oliver wyman forum has suggested that workforces must be more aligned in digital strategies to succeed.

Jan 18, 2024

Dead Teslas pack Chicago area Supercharger station due to frigid temps

Posted by in category: business

Something to consider for cold weather areas like I live in.


A lot of EV owners were stuck in a parking lot due to charging woes.

Continue reading “Dead Teslas pack Chicago area Supercharger station due to frigid temps” »

Jan 17, 2024

The AI Revolution In Lead Generation: Navigating New Business Frontiers

Posted by in categories: business, finance, robotics/AI

The integration of Artificial Intelligence (AI) in lead generation is transforming how businesses identify and engage with potential customers.


Lead generation, a crucial aspect of business development, is undergoing a significant transformation thanks to AI. By leveraging machine learning, natural language processing, and predictive analytics, AI tools can identify prospective customers more accurately and engage them in a more personalized manner. This shift not only increases the volume of leads but also improves their quality, enabling businesses to focus their efforts on the most promising prospects, Einstein from Salesforce is a leader in customer relationship management (CRM), has integrated AI into its platform through Einstein. This AI-powered tool analyzes customer data to predict buying behaviors and recommend the most promising leads. For instance, a marketing agency used Einstein to prioritize leads based on their likelihood to convert, resulting in a 30% increase in sales productivity. HubSpot’s AI Lead Scoring: HubSpot offers an AI lead scoring system that ranks leads based on their potential value to the business. By analyzing historical data and user interactions, it helps companies focus their efforts on leads with the highest conversion potential. A technology startup reported a 25% increase in lead conversion rates after implementing HubSpot’s AI tool.

In addition, we have Drift’s AI Chatbots. Drift utilizes AI-powered chatbots to engage website visitors in real-time. These chatbots can qualify leads by asking pre-programmed questions, allowing businesses to capture information and engage prospects 24/7. A retail company using Drift reported a 40% increase in qualified leads due to the AI’s ability to engage customers outside of regular business hours. Consider LinkedIn Sales Navigator which leveraging AI, helps businesses find leads by analyzing user profiles and activities on LinkedIn. It suggests potential leads based on a company’s customer preferences and search history. A financial services company credited Sales Navigator with a 20% increase in new client acquisitions.

Continue reading “The AI Revolution In Lead Generation: Navigating New Business Frontiers” »

Jan 17, 2024

Waymo’s Driverless Cars Are Hitting the Highway Sans Safety Drivers in Arizona

Posted by in categories: business, robotics/AI, sustainability, transportation

To back up the decision, Waymo pointed to its safety record and history building and operating self-driving trucks on highways. (The company shuttered its self-driving truck project last year to focus on taxis.) Including highways should also decrease route times for riders—especially from the airport—with some rides taking half the time.

Although highways are simpler to navigate than city streets—where cars contend with twists, turns, signs, stoplights, pedestrians, and pets—the stakes are higher. A crash at 10 or 20 miles per hour is less likely to cause major injury than one at highway speeds. And while it’s relatively straightforward (if less than ideal) for a malfunctioning robotaxi to stop or pull to the side of the road and await human help in the city, such tactics won’t do on the highway, where it’s dangerous for cars to suddenly slow or stop.

Continue reading “Waymo’s Driverless Cars Are Hitting the Highway Sans Safety Drivers in Arizona” »

Jan 17, 2024

Starlink’s Latest Offering: Gigabit Gateways Starting at $75,000 Per Month

Posted by in categories: business, internet

These ‘Community Gateways’ promise to help internet service providers bring high-speed internet to remote areas. But the business program isn’t cheap.

Jan 16, 2024

Microsoft’s new Copilot Pro brings AI-powered Office features to the rest of us

Posted by in category: business

A new $20 subscription will unlock Microsoft’s AI-powered Copilot inside Word, Excel, and PowerPoint.

Microsoft first launched its AI-powered Office features for businesses in November, but just two months later, the company is already offering them to consumers.


You’ll need to pay $20 per month extra to get all the new AI-powered features in Office.

Jan 14, 2024

JPMorgan AI Research Introduces DocGraphLM: An Innovative AI Framework Merging Pre-Trained Language Models and Graph Semantics for Enhanced Document Representation in Information Extraction and QA

Posted by in categories: business, robotics/AI

There is a growing need to develop methods capable of efficiently processing and interpreting data from various document formats. This challenge is particularly pronounced in handling visually rich documents (VrDs), such as business forms, receipts, and invoices. These documents, often in PDF or image formats, present a complex interplay of text, layout, and visual elements, necessitating innovative approaches for accurate information extraction.

Traditionally, approaches to tackle this issue have leaned on two architectural types: transformer-based models inspired by Large Language Models (LLMs) and Graph Neural Networks (GNNs). These methodologies have been instrumental in encoding text, layout, and image features to improve document interpretation. However, they often need help representing spatially distant semantics essential for understanding complex document layouts. This challenge stems from the difficulty in capturing the relationships between elements like table cells and their headers or text across line breaks.

Researchers at JPMorgan AI Research and the Dartmouth College Hanover have innovated a novel framework named ‘DocGraphLM’ to bridge this gap. This framework synergizes graph semantics with pre-trained language models to overcome the limitations of current methods. The essence of DocGraphLM lies in its ability to integrate the strengths of language models with the structural insights provided by GNNs, thus offering a more robust document representation. This integration is crucial for accurately modeling visually rich documents’ intricate relationships and structures.

Jan 11, 2024

Space Force to award multiple contracts for ‘Digital Spaceport’ up to $1.9 million each

Posted by in categories: business, space

WASHINGTON — SpaceWERX, the technology arm of the U.S. Space Force, is looking to award a new round of Small Business Innovation Research contracts worth up to $1.9 million each for IT infrastructure upgrades at the Eastern and Western launch ranges.

The project known as Digital Spaceport of the Future was announced earlier this month. SpaceWERX officials on Jan. 10 said launch ranges are in dire need of IT upgrades and are seeking proposals from the private sector by February 7.

Maj. Jareth Lamb, deputy director of SpaceWERX, said during a briefing that the contracts will be “direct to Phase 2” SBIR/STTR agreements. These are Small Business Innovation Research/Small Business Technology Transfer deals that require collaboration between small businesses and non-profit research institutions.

Jan 10, 2024

UN Security Council demands Houthis stop Red Sea attacks

Posted by in categories: business, space

Jan 10 (Reuters) — The U.N. Security Council on Wednesday demanded Yemen’s Houthis immediately end attacks on ships in the Red Sea and cautioned against escalating tensions while implicitly endorsing a U.S.-led task force that has been defending vessels.

The demand came in a Security Council resolution that also called on the Houthis to release the Galaxy Leader, a Japanese-operated vehicle carrier linked to an Israeli businessman that the group commandeered on Nov. 19, and its 25-person crew.

Eleven members voted for the measure demanding the Houthis “immediately cease all attacks, which impede global commerce and navigational rights and freedoms as well as regional peace.”

Page 14 of 312First1112131415161718Last