Author: EconLearner

Alan is the CEO and founder of the company AI Everesenwhose technology eliminates the shrinking problem of the $45 billion/year global retail industry. getty In a low-margin world, retailers are struggling with a persistent shrink caused by a combination of profit-eroding theft, operational errors and honest shopper mistakes. In fact, retailers face a staggering $112.1 billion in annual shrinkage losses and as the use of self-pay increases, so do the complexities of dealing with loss prevention and the customer experience. Within this, the promise of artificial intelligence looms large, bringing with it the potential to revolutionize shop operations, increase efficiency…

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Pedestrians move around Tottenham Court Road in central London, England. (Photo by Robert … [+] Nickelsberg/Getty Images)Getty Images An updated report from a UK charity Living Streets confirms much previous research on the correlation between walkable neighborhoods and thriving retailers. Its third iteration The pedestrian pound shows that people on foot spend more money than people arriving by car. And pedestrianized city centers have higher sales, the report says. The research adds to previous findings from, among others, Transport for London (TfL). TfL estimated in 2018 that people who walked, cycled and used public transport spent more than motorists in…

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“This is not a potentially transformative, but a truly transformative period in our economy,” he says. “If companies don’t change, then they won’t exist in the future.” Forward-thinking leaders need to recognize that by building their strengths to become more sustainable, they also have the opportunity to innovate and outperform their peers, says his colleague Klaus Weberprofessor of management and organizations and faculty director of the sustainability program at Kellogg. That is, sustainability need not distract from the core operations of a business. On the contrary, it can strengthen them and create new opportunities. “Businesses miss opportunities to innovate when…

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Karthik Ramakrishnan is its CEO Armilla AIa ground-breaking MGA Insurance AI Model, helping companies adopt AI by managing risk and compliance. Getty As AI technologies continue to evolve, they are becoming essential tools for financial services firms seeking to improve operational efficiency, customer experiences and decision-making. However, integrating artificial intelligence into financial services comes with unique challenges. With over a decade of experience at the intersection of AI and financial services, I have seen how transformative and challenging AI integration can be for companies operating in this space. As CEO of Armilla AI, I have led initiatives to develop cutting-edge…

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Welcome back to The Prompt. TSMC is one of the companies expecting subsidies from the CHIPS Act.AFP via Getty Images As Donald Trump prepares to return to the White House, several major chip companies are scrambling to finalize deals under the CHIPS Act of 2022, which aimed to boost US semiconductor manufacturing with $39 billion in grants. President-elect Trump was critical of the act during the campaign, and Republicans are proposing reforms to it. As a result, the Biden administration is rushing to finalize subsidy contracts with giants such as Intel and Samsung, Bloomberg exhibitions. There are still more than…

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Art Gilliland, CEO at Delinea. getty It’s that time of year again—summer vacations are a memory, fall routines are settling in, and companies of all sizes and industries are forecasting their next fiscal budgets. For chief information security officers (CISOs), many of whom now report directly to their boards, this season brings the challenge of balancing evolving business priorities with increasingly complex cybersecurity ecosystems. Navigating these board-level discussions and asking for additional funding isn’t always easy, but with the stakes higher than ever, it’s critical to make a compelling case for deeper investment—particularly in identity and access management (IAM). .…

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The RØDE Wireless Micro is a tiny wireless microphone system for use with smartphones. Offering it … [+] kind of sound quality that RØDE is known for, the new system is so easy to use.RODE Last month, we saw the launch of Sennheiser’s new wireless microphone profile system for content creators. This month, it’s his turn RODE which announced a tiny and easy-to-use wireless microphone that’s perfect for creating TikTok movies or Instagram Reels. The RØDE Wireless Micro uses the same 2.4GHz technology as the Australian brand’s innovative Wireless GO system that revolutionized the consumer wireless microphone market and spawned…

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