AI – Page 2 – California Globe

San Francisco Fed President Urges Companies to Get Employees Back In Offices

July 9, 2024 2:30 amJuly 9, 2024 2:31 am

According to a new report by real estate firm CBRE, San Francisco’s office-vacancy rate rose to a new record high of 37% in the second quarter of 2024. This sparked San Francisco Fed President Mary Daly to say that companies...

University of California Announces No New Campus in San Francisco

June 24, 2024 5:16 pmJune 24, 2024 5:16 pm

The University of California (UC) declined to build a new campus in Downtown San Francisco after nearly a year looking into it, ending one of San Francisco Mayor London Breed’s best chances in revitalizing the downtown area. Since the beginning...

San Francisco Office Prices Have Fallen From $90/Sq. Foot To $62/Sq. Foot In Only 4 Years

May 23, 2024 12:19 pmMay 23, 2024 12:19 pm

A new report by real estate agency Cushman & Wakefield released this week found that the average office rent price in San Francisco has plummeted from $90/square foot in 2020 to $62/square foot today, marking a huge collapse not seen...

Does AI Carry Potential to Destroy Democracy?

May 23, 2024 2:55 amMay 23, 2024 2:56 am

Artificial intelligence (AI) and its integration within various sectors is moving at a speed that couldn’t have been imagined just a few years ago. As a result, the United States now stands on the brink of a new era of...

New Controller’s Report Finds San Francisco Lost 21,000 Jobs in Last Three Months

April 2, 2024 1:05 pmApril 2, 2024 1:05 pm

According to a new report from the San Francisco City Controller’s office, the city and county lost 21,000 jobs between December 2023 and February 2024, due largely to a mix of holiday layoffs and further firings within the tech industry....

San Francisco Office Vacancy Rates Reach Record High

March 23, 2024 2:35 amMarch 23, 2024 2:36 am

According to a new report by real estate firm CBRE, San Francisco’s office-vacancy rate rose to a new record high of 36.6% in the first quarter of 2024, albeit with some positive news that tech and AI companies could reverse...

Mayor Breed Introduces Plan To Bring 30,000 Residents, Students To Downtown By 2030

March 8, 2024 12:28 pmMarch 8, 2024 12:28 pm

In her State of the City Address on Thursday, San Francisco Mayor London Breed unveiled a new measure to bring 30,000 more residents and students to downtown San Francisco by 2030. Since the beginning of the decade, San Francisco’s downtown...