Generative AI systems are made up of multiple components that interact to provide a rich user experience between the human and the AI model(s). As part of a responsible AI approach, AI models are protected by layers of defense mechanisms to prevent the production of harmful content or being used to carry out instructions that go against the intended purpose of the AI integrated application. This blog will provide an…
As part of the business program at the St. Petersburg International Economic Forum (SPIEF), a session of the Valdai Club took place on June 6. The event’s participants explored the question of whether global and national development can occur without conflict and violence.Andrey Bystritskiy, Chairman of the Board of the Foundation for Development and Support of the Valdai Discussion Club, noted in his introductory remarks that conflicts that stem from…
Most large corporations have annual processes to allocate capital and other resources across business units and for strategic initiatives enterprise-wide. The typical practice is to begin with a strategy or “strategic refresh,” develop a long-term (three- to seven-year) financial plan, and lay out a highly detailed budget for the first year of the plan. Unfortunately, the processes are often both muddled and rigid; they typically take months to iterate, generate…
(This is a modified version of an article to be published in the China International Strategy Review) Summary: In 1945, humanity came together to create the Charter International System. It expressed the hope that after the most catastrophic war the world had yet seen, a superior system of international relations could emerge. The ‘spirit of 1945’ gave rise to the United Nations and its foundational Charter, reinforced subsequently by numerous…
In this edition of Author Talks, McKinsey Global Publishing’s Mike Borruso chats with Elspeth Kirkman, chief program officer at Nesta, about her new book, Decisionscape: How Thinking Like an Artist Can Improve Our Decision Making (MIT Press, March 2024). Kirkman draws parallels between how artists create and how we make choices in our everyday lives. The book challenges us to understand why we make certain decisions and calls for us…
Coaching for the Future-Forward Leader Sanyin Siang June 06, 2024 Reading Time: 2 min Topics Coaching for the Future-Forward Leader Leadership roles come with new personal and professional challenges — and Sanyin Siang, board and CEO coach, adviser, and author, is here to help with an advice column for top managers. More in this series We are going through an organizational transformation, which will involve a workforce reduction. How can…
Quick Hits The New York State Assembly has passed and delivered the Retail Worker Safety Act to the state Senate. Under the legislation, retail employers would be required to have written workplace violence prevention programs and workplace violence training. Retail employers with 500 or more employees nationwide would also be required to install access to panic buttons to immediately dispatch local law enforcement when pressed. Assembly Bill A8947, titled the…
How implementing a trust fabric strengthens identity and network Read the blog At Microsoft, we’re continually evolving our solutions for protecting identities and access to meet the ever-changing security demands our customers face. In a recent post, we introduced the concept of the trust fabric. It’s a real-time approach to securing access that is adaptive and comprehensive. In this blog post, we’ll explore how any organization—large or small—can chart its…
For refugees fleeing troubled regions as disparate as Afghanistan and Ukraine, finding meaningful work in the United States is not only key to their own success, but also crucial for businesses navigating labor shortages.New research offers lessons for policymakers and employers learned from the final wave of migration after the Vietnam War in the late 1980s and early 1990s. Under the Amerasian Homecoming Act (AHA), some 25,000 children of Vietnamese…
This article is one of McKinsey’s contributions to the Global Lighthouse Network’s latest white paper, published on December 14, 2023. The first article in this series explored the evolution of AI and how leading manufacturers have harnessed it to propel leading-edge manufacturing from the learning phase to the doing phase of the Fourth Industrial Revolution (4IR). The second article examined what artificial intelligence looks like among today’s leading manufacturers. This final installment…
Using the James Webb Space Telescope (JWST), an international team of astronomers led by the University of Cambridge observed a very young galaxy in the early universe and found that it contained surprising amounts of carbon, one of the seeds of life as we know it.In astronomy, elements heavier than hydrogen or helium are classed as metals. The very early universe was almost entirely made up of hydrogen, the simplest…
Mitesh Rao, co-founder and CEO of OMNY Health, joins Howie and Harlan to discuss his entrepreneurial journey and how his company is creating a common layer of data connecting healthcare providers and researchers. Harlan reports on a study showing how many lives could be saved by improving quality of care; Howie reflects on the health consequences that have accompanied the legalization of cannabis. Links: Quality and Lives Saved “The business…
MOLLY WOOD: In just one year, Microsoft Copilot has changed the way we work forever. By now, business leaders understand how it can boost their individual productivity and the efficiency of their teams. But as generative AI evolves, a bigger and more consequential opportunity presents itself: total business reinvention. Yeah, buckle up. In today’s episode, Charles Lamanna, Corporate Vice President of Business Apps and Platforms at Microsoft, goes beyond what’s…
A significant barrier to achieving a diverse and inclusive workforce is implicit bias. Implicit bias occurs when, for instance, you hear the word “engineer” and immediately assume it is a man, or hear “teacher” and assume it is a woman. Have you ever been guilty of this? Many of us have, and it’s not because we’re bad people. Our brains are hardwired to make unconscious decisions, creating a direct link…
For all the impressive revelations and technical feats unleashed by the sudden emergence of generative AI (gen AI), one of the most astounding aspects has been the accelerated pace of its adoption, particularly by businesses. Consider that large global enterprises spent around $15 billion on gen AI solutions in 2023, representing about 2 percent of the global enterprise software market. To put that level of growth in perspective, it took…
Last autumn, President Putin outlined Russia’s six tenets of international relations. These can be summarised as developing an interconnected world that accommodates civilizational diversity, equal representation, and a balance of interest. The tenets represent a repudiation of the post-Cold War liberal hegemonic order based on alliances and universalism, in which the dominant state sets the framework and conditions for development. Hegemonic systems proclaim to represent universal values to justify a…
Artificial intelligence can help take on tasks that range from the everyday to the extraordinary, whether it’s crunching numbers or curing diseases. But the only way to …
Payers currently face economic pressures that are likely to last a few years. Utilization of medical services has been higher than expected, providers are passing along higher costs through rate negotiations, and Medicare Advantage reimbursement rates are facing the most substantial downward pressure that payers have seen in years. In the face of these issues, artificial intelligence and automation present untapped opportunity for payers. The opportunity is sizable and available…
Companies that modularize and externalize their best capabilities are in a strong position to seize unexpected opportunities. Mark J. Greeven, Howard Yu, and Jialu Shan June 05, 2024 Reading Time: 13 min Neil Webb/theispot.com Prediction is hard. The longer the time range — six months, three years, a decade — the less reliable any forecasting becomes. And yet, some companies prosper through extreme uncertainties. Consider cosmetics giant L’Oréal. When COVID-19…
NEW YORK – (June 3, 2024) – Seyfarth Shaw LLP announced today the arrival of partner John Domby to the firm’s Real Estate department in Charlotte, NC. Domby joins Seyfarth from Katten Muchin Rosenman LLP where he was a partner in its real estate finance and lending practice. “John is another key step in our strategic plans to grow our national real estate practice and Charlotte office,” said Paul Mattingly, national…
In May 2024, we published the 2024 Work Trend Index Annual Report, a joint report from Microsoft and LinkedIn that looked at how AI will reshape work and the labor market broadly. As we reviewed the data, a surprising theme emerged: when it comes to using AI to get work done, employees are outpacing the companies that employ them for AI adoption—bringing their own AI to work and without the…
At Battery, we’re laser-focused on identifying verticals where AI adoption isn’t just a boardroom talking point, but a seamless solution to real pain points. In our view, healthcare is clearly one of those verticals; government contracting is another. We’re equally enthusiastic about AI’s potential to transform the legal industry. When we recently attended Legalweek in New York, we saw firsthand how excited the legal community is becoming about AI, too.…
American shipbuilding has reached a critical inflection point—can supply keep up with demand? The US Navy, the industry’s principal customer, increased its shipbuilding budget by 12.5 percent per year from fiscal year 2020 to fiscal year 2024, and its most recent 30-year plan calls for the construction of 290 to 340 new ships by 2053. Beyond this domestic demand, there is additional demand to meet the anticipated needs of the…
Researchers from the University of Cambridge used a method similar to charging a battery to instead charge activated charcoal, which is often used in household water filters.By charging the charcoal ‘sponge’ with ions that form reversible bonds with CO2, the researchers found the charged material could successfully capture CO2 directly from the air. The charged charcoal sponge is also potentially more energy efficient than current carbon capture approaches, since it…
A fault line in the EU member states’ foreign policy is becoming increasingly clear, not only with respect to the Ukraine issue but also in the Gaza conflict. It is about the supremacy of the United States and NATO as well as the role of international organisations. In view of the ongoing division of a multipolar world with new “cold” and “hot” wars, it is essential to realign the overall…
About the Program: Join Us for the second installment of our Diversity, Equity, Inclusion, and Belonging (“DEIB”) Webinar Series: “Strategic Approaches for Conducting DEIB Reviews” This micro-webinar series is designed to support employers as they navigate, refine, and enhance their DEIB programs within the current legal, societal, and cultural landscape. During the second session of our webinar series, Seyfarth attorneys will delve into the best practices and strategic approaches for…
Quick Hits The California Civil Rights Department released new proposed regulations for employers’ use of AI and automated decision-making systems. The proposed regulations would affirm that employers’ use of such hiring technologies may violate the state’s antidiscrimination laws and clarify limits on the use of such technology in criminal background checks and medical/psychological inquiries. The proposed regulations would also clarify the scope of third-party liability arising from the use of…
Preserving stories from D-Day’s last heroes for future generations The Thread of Memory on social media" tabindex="0"> Link copied June 6, 1944: The beginning of the end When Allied troops landed on the shores of Normandy 80 years ago, they made history with their courage and sacrifice, which contributed to the liberation of France from Nazi Germany. This day is known as D-Day, and was the largest air, naval, and…
Brian Kenny: On September 2, 1666 in a bake shop on Pudding Lane in London, Thomas Farriner, baker for King Charles II, failed to properly extinguish his oven, sparking a fire that burned for five days, destroying 80 percent of the city, including 13,000 homes, 87 parish churches, the Royal Exchange, Guildhall, and St. Paul's Cathedral. Within months, “Insurance Office” for houses, the first homeowners insurance company, began offering fire…
Restless leg syndrome can cause an unpleasant crawling sensation in the legs and an overwhelming urge to move them. Some people experience the symptoms only occasionally, while others get symptoms every day. Symptoms are usually worse in the evening or at night-time and can severely impair sleep.Despite the condition being relatively common – up to one in 10 older adults experience symptoms, while 2-3% are severely affected and seek medical…
When an employee is experiencing a health crisis, it impacts their colleagues as well. Leaders must support everyone affected, with sensitivity and professionalism. Benjamin Laker, Vijay Pereira, Jack Tillotson, and Sammy Toyoki June 04, 2024 Reading Time: 11 min Carolyn Geason-Beissel/MIT SMR | Getty Images When an employee is diagnosed with a terminal illness, the complexities of workplace management deepen significantly. It’s not merely about handling the practicalities of business…
Microsoft and SAP have been partners and customers of each other for over 30 years, collaborating on innovative business solutions and helping thousands of joint customers accelerate their business transformation. Microsoft Cloud is the market leader for running SAP workloads in the cloud, including RISE with SAP, and today at SAP Sapphire 2024, we are very excited to bring more amazing innovation to the market for our joint customers. In…
Harnessing customer data well is central to any modern business, as is earning consumers’ trust that their information will stay private. With data breaches growing more common, regulations are tightening across the globe to bolster security, creating a new web of norms firms must understand. As generative artificial intelligence (AI) explodes, companies face balancing individual privacy, coveted data insights, and the law—all while pursuing competitive advantage. Eva Ascarza, the Jakurski…
Previous studies in both humans and animal models have shown that the offspring of mothers living with obesity have a higher risk of developing obesity and type 2 diabetes themselves when they grow up. While this relationship is likely to be the result of a complex relationship between genetics and environment, emerging evidence has implicated that maternal obesity in pregnancy can disrupt the baby’s hypothalamus—the region of the brain responsible…
Currently, the AI world is focussed on pushing AI capabilities further and further, with safety and ethics as an afterthought. For AI to be a boon, we need to reorient; pushing capabilities is not enough. Study co-author Dr Jan Brauner, Department of Computer Science, University of Oxford Then, the world’s leaders pledged to govern AI responsibly. However, as the second AI Safety Summit in Seoul (21-22 May) approaches, twenty-five of…
While adhering to secular principles, it is still important to support the development of traditional religious schools and promote the education of the clergy themselves. Indeed, often, representatives of the traditional clergy are unable to answer the pressing questions of young people, Marat Abdyldaev writes. Russia and Central Asia face similar security and development challenges. This is understandable, because we are united by a common past and maintain and develop…
The future of work is undoubtedly hybrid. Major corporations from Apple to Zoom now require employees to be in the office two or three days a week, citing the benefits of face-to-face collaboration and culture building. Indeed, traditional thinking suggests that being physically close leads to better communication and collaboration.Our recent research reinforces this idea, but also shows that social closeness (strong direct and indirect connections) can offset a lack of physical proximity.…
Topics Social Responsibility Sustainability Dan Page/theispot.com The Research This research was based on qualitative case analyses of organizations that have implemented circular economy models. Data collection involved a mix of structured interviews with company managers, review of company documents, and review of in-depth case studies. The analysis identified key patterns in successful adoption of circular models and the strategic decisions, challenges, and outcomes associated with circular economy practices. Companies seeking…
On 1 January 1909, around half a million elderly people queued up at post offices around the UK, waiting to receive the very first State Pension payments. Only those older than 70 with an income of less than 12 shillings a week were eligible. Those who qualified received a payment of five shillings, yet the payments could be stopped if you had too much furniture in your home or were…
Over the past year, generative AI’s capacity for content creation has drawn most of the noisiest headlines: how AI models can instantaneously create Pixar-like shorts starring your pet chihuahua, or drum up the Drake-Kendrick Lamar diss track you never knew you wanted. What gets less attention, but is equally (if not more) valuable, is the business-use side of GenAI content creation: marketing. Marketing is particularly well suited for adopting generative…