The latest wave of automation is building on advances in artificial intelligence and machine-learning that allow computers to perform tasks like speech recognition, and make some of the decisions that used to be reserved for employees. With wages rising fast, workers in short supply and near-record job vacancies, U.S. businesses are racing to automate as much as they can.
As the tropical storm heads north and regains strength, Georgia’s port of Savannah, the largest container port in the Southeast, is allowing ships at anchor to leave toward safer locations, but is closed for new arrivals. Meanwhile, South Carolina’s port of Charleston plans to suspend all marine terminals operations Friday.
Hurricane Ian could result in as much as $40 billion in property damage, reports The New York Times. Commercial Observer looks at how the Inflation Reduction Act will impact commercial real estate. These are among today’s must reads from around the commercial real estate industry.
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