At the end of 2022, nearly 30 percent of San Francisco’s commercial office space was empty, compared with just 3 percent at the end of 2019, according to CBRE, the global real estate services company.
, a smaller tech company that has released chatbots that have captured regular people’s wonder and attention in ways AI leaders like Google haven’t yet been able to.The big companies are all pushing AI to the front of their marketing and are trying to. Zuckerberg said he’s planning to deploy new artificial intelligence tools to help engineers become more productive and cut projects that aren’t performing or are no longer crucial to the company’s priorities.
For the past decade, Big Tech firms grew to gargantuan sizes, riding the waves of historically low interest rates and the massive changes wrought by the internet to cement their place among the most profitable and powerful corporate entities in history. At the end of 2021, the peak of the bull market in tech stocks, the combined market value of Google, Facebook, Amazon, Apple and Microsoft was nearly $10 trillion — twice the gross domestic product of Japan.
Google in particular had a reputation around Silicon Valley as being a place where workers could spend their entire careers, moving between projects and steadily progressing up the pay levels while collecting valuable stock options. The company encouraged workers to be— an adjective for people who were friendly, humble, hard-working and willing to help their colleagues.
I remember reading articles like this around the turn of the millennium as the 90's tech boom collapsed.
LOL. The article was released 10 minutes into the AAPL earnings call. These people call themselves journalist and they write trash to manipulate stocks.
What golden age? Are we devolving into monkeys? There is no golden age in tech because using tools is what makes humans human. We will only step up our game as this planet becomes uninhabitable, because if we don’t evolve, no more humanity.
Imagine if companies ran their business like Democrats ran government.
So....even in US how many homeless persons,how many are working only able to meet their basic needs..economy depicted by media is biased, stock exchange is for speculators, the bull work while the horse eat the grass