Office provider LABS has launched its 96,100 square foot flagship property LABS House in Bloomsbury, London that features coworking, offices, and full-service dining.
Where is all the AI?
Many major organizations like Amazon and Microsoft are investing millions into developing proper artificial intelligence (AI) and machine learning (ML) tools to simplify business decisions. While there is much optimism for some of these applications, AI tools are seemingly absent for front-line and information workers.
Amazon predicting other products you might like is great, but information workers are seeking to use AI and ML to boost their own productivity for their work. Most of the time, AI tools are strictly used by IT teams and developers.
Microsoft provides snippets of AI for users through audio captioning and suggesting presentation content, but does not allow workers to use these tools to complete tasks more efficiently based on previous performances.
The Latest News
Delivered To Your Inbox
Due to AI models being over marketed and not meeting the hype, many AI projects are seeing a decrease in funding that is causing enthusiasm to dwindle.
In order to rejuvenate the buildup of AI, frontline workers need a chance to use the technology for themselves. Companies should allow workers to test out and solve AI challenges, rather than relying on IT teams.
Various job sectors could benefit from frontline AI use. Health care resources could schedule patients with no issues and public service workers (legal, education and retail) could model daily work scenarios to increase productivity and profitability.
Latest on Daily Digest
Cool office interiors are ideal at first glance, but looking into a company’s principles, such as gender equality and flexibility, will be the factors that retain talent.
Colliers International revealed the success of the office market last year due to high demand for coworking and tech firms, but predictions for 2019 are uncertain.
Shared office space providers as tenants have become the norm for many landlords and building owners, and now many REITs have adopted coworking as it continues to expand.
Brookfield Properties has teamed up with Convene to spruce up the 73,000 square foot Brookfield Place into a full-service events venue that accommodates up to 500 people.
Many coworking operators pride themselves on massive, rampant expansion, but some industry experts believe this growth could lead to failure and consolidation in 2019.
Coworking has expanded into many major markets of the nation over the past few years, but some firms are finding their client base to be working moms in the suburbs.
Howard Hughes, the development team behind Chicago’s Bank of America Tower, announced that luxury coworking brand No18 will take up two floors in the 55-story building.
WeWork has officially become one of Seattle’s largest office space occupiers, along with Amazon and Microsoft, and has a total footprint of about 1.7 million square feet.