Fri.Mar 29, 2024

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Workers Overwhelmed, Disengaged Even As AI Use Shortens Workday

Allwork

The average length of a typical workday is decreasing, but it’s not due to workers becoming lazy. New data suggest productivity gains in the workforce are slimming the average workday down. According to the 2024 State of the Workplace report published by ActivTrak , which analyzed data from over 135,000 employees, there has been a 15% reduction in the average workday length due to efficiency gains — with more employees completing tasks in less time.

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Funding Bias: How Female Entrepreneurs Can Win the Battle in Raising Capital

Success

In a world where female-founded companies not only match but often surpass their male counterparts in revenue growth and profitability, the stark reality remains: Women influence a staggering 85% of consumer spending with their annual $20 trillion expenditure, yet the funding landscape starkly contrasts this influence. Women experience a significant funding bias with most estimates indicating that less than 3% of venture capital funds are allocated to women-founded companies.

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OpenAI Board Member Predicts AI Will Replace Nearly All Human Labor

Allwork

OpenAI board member and former U.S. Treasury Secretary Larry Summers predicts that artificial intelligence (AI) will eventually replace nearly all forms of human labor — contributing to the most significant economic shift since the Industrial Revolution. According to a report published by the Gwinnett Daily Post , Summers recently spoke at Fortune’s Innovation Forum in Hong Kong , where he said that while the full potential of AI won’t be realized for a couple of years, it offers t

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Busting Common Myths About Business Ownership- What You Need To Know

Tips From T. Marie

Have you ever dreamed of launching your own business, imagining a life of freedom, creativity, and endless success? Before you dive into the entrepreneurial pool, it’s time to debunk some persistent myths about business ownership. Let’s separate fact from fiction and set the stage for real success with a friendly and conversational reality check.

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SME Relationships: Proven Solutions for Seamless Collaboration and Success

Speaker: Tim Buteyn, President of ThinkingKap Learning Solutions

💢 Do you find yourself stuck in never-ending review cycles? Are you wondering if your Subject Matter Expert actually got that last review request? Are you having trouble trying to decipher impractical or conflicting feedback? 💢 If any of these scenarios sounds familiar, you may benefit from a crash course on managing SME relationships!

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Amazon’s Office Downsizing Plan Threatens Already Struggling Commercial Real Estate Markets

Allwork

An internal Amazon memo has unveiled a comprehensive plan to save $1.3 billion by drastically reducing the company’s office vacancies over the next three to five years. Business Insider, which first reported the memo , cites an unnamed source revealing that the e-commerce giant currently grapples with a 33.8% office vacancy rate — a result of slower growth and recent layoffs.

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If you want a high paying job, remote work is now less of an option

Workplace Insight

According to the latest data from the careers website Ladders , the availability of remote positions with salaries exceeding $200,000 has seen a drastic reduction. The High Paying Jobs Competition Index, a report by Ladders, indicates that only 12 percent of such jobs are now available remotely, a steep decline from the 37 percent recorded in the third quarter of 2022.

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From Behind Bars to Business Owners: How 3 Former Inmates Became Entrepreneurs

Success

For many returned citizens who have served prison sentences, entrepreneurship presents a viable route to support themselves and their families. Being able to make a living also helps them avoid the staggering rates of recidivism among returned citizens in the United States. Nonprofit Inmates to Entrepreneurs teaches business basics to incarcerated individuals and to those who have completed their prison sentences.

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From Behind Bars to Business Owners: How 3 Former Inmates Became Entrepreneurs

Success

For many returned citizens who have served prison sentences, entrepreneurship presents a viable route to support themselves and their families. Being able to make a living also helps them avoid the staggering rates of recidivism among returned citizens in the United States. Nonprofit Inmates to Entrepreneurs teaches business basics to incarcerated individuals and to those who have completed their prison sentences.

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