San Francisco rents plunge as tech employees abandon high-priced city to work remotely

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Twitter, Facebook among companies that will allow employees to work remotely moving forward

 Coronavirus causes ‘big movement’ out of New York City: Moving company president

Roadway Moving President Ross Sapir says more people are leaving New York City for nearby states or southern states, like Florida and Texas.

Coronavirus-related work-from-home policies at the country’s biggest technology companies appear to have caused an exodus from Silicon Valley, which has sent rent prices in San Francisco plummeting.

Rents for a one-bedroom apartment in the major metro area were down 9.2 percent in June when compared with the same period last year, according to data from rental site Zumper. That is the largest decline since at least 2015 and brings the price point ($3,360) down to where it was three years ago.

In the U.S. overall, one-bedroom rents fell by just 0.2 percent. No other major metro city’s data came close to the decrease in San Francisco.

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Many parents will likely continue at-home learning in the fall, poll finds

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With the president pushing for children to return to the classroom and a number of states intent on pursuing phased reopenings, the Centers for Disease Control and Prevention (CDC) has released guidance for reopening schools. But a new Ipsos poll conducted on behalf of USA Today has found that if schools reopen in the fall, they may find attendance down as many parents will likely continue at-home learning.

While more than half of Americans polled, just more than 2,000, said they supported a range of suggested proposals for reopening schools for in-classroom learning in the fall, a majority of the parents surveyed appeared hesitant to return their children to school before a vaccine had been found. A total of 59% of parents surveyed who had at least one child in a K-12 grade said they would “likely” pursue at-home education options such as homeschooling or remote learning instead of sending their children back into the classroom. Another 30% said they were “very likely” to continue to pursue at-home learning.

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4 ways work will change after the COVID-19 pandemic

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The CEO of Skylum notes that we will now understand how things can work when people are purely focused on productivity and communication, and that is going to change everything.

To say the coronavirus has had an impact on the way the world “works” would be an understatement.

In a matter of weeks, we’ve gone from a society that sees remote work as a luxury, or even a “freelancer lifestyle,” to realizing the vast majority of jobs today can be done from home. Companies that hadn’t moved the majority of their assets to the cloud are now doing so at a rapid rate. Video calls have gone from being a suboptimal alternative to a core function of the way we communicate. The list goes on and on—and the impact is here to stay.

Over the past few weeks, we’ve noticed several shifts in our company, Skylum, as more than 100 of us around the world have adjusted to the new rules of society.

Many have never worked from home before, which comes with a unique learning curve. Many have never had the opportunity to connect and collaborate with other employees who work out of offices on different continents—which is now easier since everyone is “remote.” Many have also never viewed their job descriptions through the lens of being quarantined, where tasks left unfinished become more obvious to the rest of the group (in an office setting it’s easier to appear “busy”).

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If working from home is the ‘future of work,’ here are 11 reasons why the office sounds better

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Can we foster the same work culture and communication standards through a video chat?

In the midst of the ongoing pandemic, there is an awakening among CEOs that employees are capable of doing work and being productive from home.

This week, Twitter announced that employees can work from home indefinitely, becoming the first big tech company to make such an open-ended switch in policy. Twitter, the service, was buzzing, with many investors and pundits calling it the end of the office space as we know it.

For the last five years, there’s been an increasing chorus of engineers, designers and professionals claiming that remote work is the future.

I’ve been working from home on and off for the last two decades. I find I can be more productive for some types of work and have more time to exercise, cook and be with the family when I’m working from home. On the flip side, activities that need high-bandwidth collaboration and communication are harder. Certain aspects of team and company building are also much harder to achieve.

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top 10 Artificial Intelligence trends for 2020

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The rise of artificial intelligence in the workplace to enable and sustain the digital workforce is an apparent trend for 2020.

Artificial intelligence, machine learning, neural networks or whatever other fancy terms industry is coming out with for what is defined as the sophisticated computer technology that is becoming widely utilized to understand and improve business and customer experiences. I assume you have heard of it before, but the way it is defined today is an area of computer science that emphasizes the creation of intelligent machines that work and react like humans.

Here are ten AI trends to be on the lookout for this year:

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A Coronavirus silver lining : Less driving, fewer crashes

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Motor vehicle crashes cost the US $242 billion a year, according to the most recent estimate.

 A study finds that California lockdown restrictions reduced crashes that kill or seriously injure people to 200 a day, down from 400 in the same period last year.

FOR ALL THE misery Covid-19 has wrought, the shelter-in-place orders imposed in the name of public health have yielded a few benefits, at least for driving. American motorists are putting half as many miles on their odometers as they usually do this time of year, according to Arity, a data analytics company. One result is reduced air pollution. Another is fewer crashes, saving lives and money. In California alone, those savings amount to some $40 million each day, well over $1 billion since the state went into lockdown mode in March.

That figure—presented in a new study by researchers at the UC Davis—is surprising only if you don’t consider the economic ripples of a crash. Counting medical expenses and productivity losses stemming from injuries and deaths, car crashes cost the US economy more than $75 billion in 2017. Throw in property damage, emergency responders, insurance costs, congestion, and the inevitable court cases, and it’s far more. In 2010, the most recent year for which the grand total is available, crashes cost the US $242 billion. California accounted for $20 billion of that sum.

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Three hours longer, the pandemic workday has obliterated work-life balance

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Work From Home Has Nearly Doubled Our Load on Infrastructure: BT Consumer CEO

 People are overworked, stressed, and eager to get back to the office.

An executive at JPMorgan Chase & Co. gets unapologetic messages from colleagues on nights and weekends, including a notably demanding one on Easter Sunday. A web designer whose bedroom doubles as an office has to set an alarm to remind himself to eat during his non-stop workday. At Intel Corp., a vice president with four kids logs 13-hour days while attempting to juggle her parenting duties and her job.

Six weeks into a nationwide work-from-home experiment with no end in sight, whatever boundaries remained between work and life have almost entirely disappeared.

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7 career skills that are super important right now

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To say COVID-19 has turned the business world upside down is an understatement. From pivoting to remote work to facing abrupt career setbacks, we are navigating turbulent waters.

But as the famous Franklin D. Roosevelt quote goes, a smooth sea never made a skilled sailor. There are crucial career skills that can help you not only survive the current storm, but also learn to thrive in it and emerge stronger and better.

We’ve asked Roy Cohen, career coach and best-selling author of “The Wall Street Professional’s Survival Guide,” for his insights on the career skills that are super important right now.

Master the competencies below and you’ll be equipped with evergreen expertise that will help you face even the most volatile or brutally competitive scenarios with grace.

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Top 10 technology trends for 2020

 

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Strategies and things that will change the way we think and work

Television shows of the 1960’s like The Jetsons predicted that the 21st century would be filled with flying cars, and airborne robots would be a part of our everyday lives. October 21st, 2015 marked the point in time in which Marty McFly (Michael J. Fox) traveled to in Back to the Future Part II, the 1989 sequel to the time-travelling classic. The future he found was one which had captured the imagination of millions — instead today, we live in a world dominated by live streaming, smartphones and social networks, not flying cars or hover boards (maybe, because is this really a hover board?).

Within the span of 10 short years, or perhaps even less, service apps like Uber, Lyft, DoorDash, AirBnB and others have spawned millions of users, and can be found on almost everyone’s smart phone. Personal assistants like Siri and Alexa have entered many of our lives. It would be terribly naive for anyone to say that the world hasn’t changed in the last 10 years. This technology growth and change is likely to continue for the next decade and beyond.

It’s the roaring 20’s baby! At the start of the millennium, Information Technology was deeply concerned about Y2K … “Oh no, the zeroes and the clocks!” When the clocks struck 12 in 2000, the iPhone, Twitter, Facebook, 4k, 5G, and all the other fun things we know today didn’t exist. So what’s in store as a new decade begins?

Are you more interested in what skills you need to learn to keep pace with the technology trends of 2020?

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The pandemic is bringing us closer to our robot takeout future


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“We saw that business double overnight,” startup says of UK grocery deliveries.

On the morning of March 30, I set out from my home in Washington, DC, to the campus of George Mason University in Fairfax, Virginia. In only a few hours, DC Mayor Muriel Bowser and Virginia Governor Ralph Northam would issue coordinated stay-at-home orders. But I was going to GMU’s campus to check out a new technology seemingly tailor-made for the moment—technology that could help people get food without the risks of face-to-face interactions.

Campus was eerily quiet; most students and staff had long been sent home. But as I approached a Starbucks at the northern edge of GMU, I heard a faint buzzing and saw a six-wheeled, microwave-sized robot zip along the sidewalk, turn, and park in front of the coffee shop. The robot looked like—and essentially was—a large white cooler on wheels. It was a delivery robot from Starship, a startup that has been operating on campus since early last year.

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U.S. newspapers have shed half of their newsroom employees since 2008

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Newsroom employment in the United States declined 23% between 2008 and 2019

Newsroom employment at U.S. newspapers continues to plummet, falling by around half since 2008, according to a new Pew Research Center analysis of Bureau of Labor Statistics data. But a modest increase in jobs after 2014 in other news-producing sectors – especially digital-native organizations – offset some of the losses at newspapers, helping to stabilize the overall number of U.S. newsroom employees in the last five years.

The years covered in the current analysis predate the spread of the coronavirus in the United States. The economic effects of the virus have led to a fresh round of layoffs, pay cuts and other changes at U.S. media outlets, especially newspapers.

From 2008 to 2019, overall newsroom employment in the U.S. dropped by 23%, according to the new analysis. In 2008, there were about 114,000 newsroom employees – reporters, editors, photographers and videographers – in five industries that produce news: newspaper, radio, broadcast television, cable and “other information services” (the best match for digital-native news publishers). By 2019, that number had declined to about 88,000, a loss of about 27,000 jobs.

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Exclusive: Mary Meeker’s coronavirus trends report

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Bond Capital, a Silicon Valley VC firm whose portfolio companies include Slack and Uber, told its investors this morning via email that the coronavirus’ high-speed spread and impact has similarities to the devastating San Francisco earthquake of 1906.

Why it matters: Bond’s best-known partner, Mary Meeker, is a former bank analyst renowned for her annual Internet Trends Report, which many investors and entrepreneurs use as a touchstone for where tech is now and where it’s going. Today’s 28-page report to Bond’s limited partners, obtained by Axios, shares some structural similarities.

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