In 2015, Salesforce researchers working out of a basement under a Palo Alto West Elm furniture store developed the prototype of what would become Einstein, Salesforce's AI platform that powers predictions across its products. As of November, Einstein is serving over 80 billion predictions per day for tens of thousands of businesses and millions of users.
Salesforce Research, whose mission is to advance AI techniques that pave the path for new products, applications, and research directions, is an outgrowth of Salesforce CEO Mark Benioff's commitment to AI as a revenue driver. In 2016, when Salesforce first announced Einstein, Benioff characterized AI as "the next platform" on which he predicted companies' future applications and capabilities will be built.
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Tourism in the Post-Pandemic World : Economic Challenges and Opportunities for Asia-Pacific and
Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Key Kalamazoo constituencies sever ties with economic development group over Chatfield hire
More key community groups in Kalamazoo have cut ties with Southwest Michigan First over the hiring of Republican former state House Speaker Lee Chatfield as CEO of the economic development nonprofit.
Well-known community nonprofit groups such as the Kalamazoo Promise and the Kalamazoo Community Foundation have cut ties with the organization in recent days. Those severances follow the Kalamazoo City Commission's unanimous decision to cut funding from the organization, something Kalamazoo County is also considering doing.
The Faces And Stories Behind U.S. Economic Statistics : NPR
When the coronavirus pandemic hit last year, big parts of the U.S. economy just turned off. Voluntary social distancing and lockdowns, like those during the first wave in March, were necessary to help "flatten the curve" of COVID-19's spread throughout the country, but these lockdowns had ripple effects on the economy.
Millions suddenly lost their jobs, pushing unemployment to historic highs. When travel ground to a halt, hotel occupancy plummeted — and so did profits, which dropped 84.6% in 2020 from a year earlier. In New Jersey, that meant hotel owner Bhavesh Patel had to furlough employees to make ends meet.
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Stronger economic data could power stocks that thrive in a rebound in the week ahead
While the broader stock market was choppy, sectors that do well in a rebound – financials, airlines and industrials – stood out as leaders. This is known as the reflation trade.
Those stocks gained at the expense of growth and technology, down 2%. Strategists expect that reflation trade to continue as signs suggest that the economy could make a sharp comeback.
The S&P 500 was down 0.7% on the week to 3,906, while the Dow was up a tiny 0.1% at 31,494. The Nasdaq was off 1.57% for the week, to 13,874, with the decline in tech. Apple, for instance, gave up 4% on the week.
Dissecting the Economics of EV Charging Stations | by Marker Editors | Feb, 2021 | Marker
In the past few months, no less than three EV charging companies — Volta, ChargePoint, and EVGo — ha v e announced their plans to go public via SPAC and reach multibillion-dollar valuations in the process. Building a robust infrastructural network of charging stations will be necessary to support the increasing number of electric cars on the road. It's been relatively affordable to "fill up" EVs when plugging in because charging companies currently supply electricity as a loss leader.
Invoking the Hamburger Rule, a standard economics principle whereby a product's price usually rises to the level of its closest rival, LeVine predicts the price of charging electric vehicles will inevitably go up — way up — as EVs become cheaper than gas-fueled cars, hit the mass market, and go mainstream within the next decade. Marker readers, many of them early adopters, shared their own thoughts on what America's EV charging future might look like.
Stimulus Alone Won't Fix Economic Disparities By Race, Gender, Boston Fed President Says
Eric Rosengren, president and chief executive officer of the Federal Reserve Bank of Boston, speaks ... [+] during a panel discussion at the Brookings Institution in Washington, D.C.
That will only follow a "potentially difficult road ahead over the next few months," the Fed President says, pointing to mobility data that shows visits to grocery stores, restaurants and nonessential retail stores have dramatically scaled back since the summer following a second wave of domestic Covid-19 infections.
Yemen Socio-Economic Update, Issue 54 - November 2020 [EN/AR] - Yemen | ReliefWeb
In September 2015, the United Nations launched the Sustainable Development Agenda (SDGs) consisting of 17 goals and 169 targets that seek to balance sustainable development across the economic, social and ecological dimensions. It serves as an action plan for people, the planet, prosperity and peace.
Then, action plans, policies and initiatives were soon put in place to advance the implementation of SDGs and objectives as part of partnerships involving government institutions, the private sector, civil society and local communities, including developing statistical capacities to generate indicators to monitor progress in achieving sustainable development goals.
Happening on Twitter
RECURSOS EN SAN ANTONIO: Marque 311 para el refugio y el transporte Centros de calentamiento: … https://t.co/7P4tH3Ckap BetoORourke (from El Paso, TX) Fri Feb 19 22:52:27 +0000 2021
We are proud the US is rejoining the #ParisAgreement, a crucial step in the global effort to limit temperature rise… https://t.co/JGYpd7g5Sn salesforce (from San Francisco, CA) Fri Feb 19 20:20:17 +0000 2021
SAN ANTONIO RESOURCES: Dial 311 for help w shelter & transportation Warming Centers: https://t.co/MNGEIy8a4W To… https://t.co/TdSggFuRID BetoORourke (from El Paso, TX) Thu Feb 18 18:13:26 +0000 2021
After so much baggage attached to Salesforce's San Francisco footprint, it now faces a potentially emptier future,… https://t.co/5c5miC8LWS CityLab (from New York, NY) Sun Feb 21 06:58:03 +0000 2021
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