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Remember a couple of years ago when Intel declared that the “age of the AI PC” had arrived? Back at CES 2024, the chip giant was saying that its Core Ultra processors would usher in a new era of personal computing, enabling all kinds of new on-device AI capabilities. As Michelle Johnston Holthaus, then the company’s CEO of products, said in a keynote presentation, AI is “fundamentally transforming, reshaping, and reimagining the PC experience.” Two years later, there’s been a vibe shift. While Intel is still talking about AI, it now believes its PC processors will play more of a supporting role for cloud-based AI tools. At the CES trade show earlier this month, the company put a bigger emphasis on meat-and-potatoes concerns such as performance and battery life. “With all the excitement around AI, we always remind ourselves, fundamentals still matter,” Jim Johnson, head of Intel’s Client Computing Group, said at a CES launch event. A disconnect with consumers David Feng, VP/GM for Intel’s PC client segments, says in an interview that the change in emphasis was intentional. For all the talk about AI PCs, consumers haven’t been all that interested. “There’s this disconnect between people in the industry who are looking a couple generations or a couple years ahead, versus the general public,” Feng says. He jokes that for a while, Intel had a hard time getting through meetings without explaining its AI strategy, but when it asked retailers if customers were seeking out AI PCs, the answer was typically “no.” “I’ll sort of confess in a way, and say, when we first coined the term AI PC, in hindsight we probably spent a little bit too much energy trying to justify running AI on the PC locally,” Feng says. Unsurprisingly, what consumers want instead are basic PC things like better battery life and improved graphics performance. Intel’s partners are realizing the same thing, with one unnamed Dell executive telling PCWorld that it’s shifting its marketing focus away from AI PCs and “getting back to our roots with a renewed focus on consumer and gaming.” While Microsoft remains all in on the AI PC concept, it too has started downplaying the value of on-device AI in favor of the cloud, declaring that all Windows 11 computers are AI PCs now. Meanwhile, Intel began its shift toward more fundamental concerns with its Core Ultra 200V processors, which were an attempt to compete on power efficiency with Apple’s M-Series processors and new PC chips from Qualcomm. Now, Intel is promising further improvements with its Core Ultra Series 3 chips, which uses a new manufacturing process and started shipping in laptops this month. The new chips have double the number of low-power computing cores, which are optimized for basic tasks such as web browsing and document editing, and those cores are more performant than before. Intel now plans to move all of its processors over to this architecture, including those for desktop PCs and gaming laptops. “It’s a big leap,” Feng says. Moving to hybrid AI None of this means that Intel has stopped talking about AI PCs entirely. But instead of emphasizing AI tools that run on-device, Intel is now touting “hybrid” applications, in which the AI primarily runs in the cloud but offloads certain tasks to the PC. “We’re just more mature about thinking about this,” Feng says. “We’re not going to replace ChatGPT or Perplexity, and nobody’s asking us to replace them. The whole premise of a hybrid is, instead of choosing either or, how about you make them work together?” For example, ByteDance’s CapCut video editor can now use on-device AI for its “AI Clipper” feature, which analyzes videos for potential highlights. This helps reduce the strain on ByteDance’s cloud servers. Intel also teased a potential partnership with Perplexity, with Perplexity CEO Aravind Srinivas speaking at the chipmaker’s CES event. While Srinivas didn’t announce anything specific, he talked about how on-device large language models could preserve privacy, reduce latency, and cut cloud computing costs. A browser like Perplexitys Comet, for instance, might use on-device large language models to provide insights on users’ browser histories, but turn to the cloud for web-based queries. “Performance, security, economics, controlthese make local compute such an obvious thing to work on,” Srinivas said. Still, it’s early days even for these efforts, so why all the early hype about AI PCs a couple of years ago? Feng says Intel was just signaling that it was the start of a new era. Now, it can thankfully turn its attention to more near-term concerns that PC buyers actually care about. “Right now, we’re just saying, look, the future is AI PC, but we don’t have to keep beating the drum the same way we beat it two years ago,” he says.
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E-Commerce
Most of us know that job loss is emotionally difficult, but whats less talked about is the experience of knowing you will be terminated without knowing when. This process can be drawn out and draininga form of anticipatory griefan emotional response to a loss before it occurs. Often experienced by the loved ones of terminally ill patients, a version applies in the workplace when job loss is on the horizon. In todays volatile landscape, this kind of professional uncertainty is increasingly common, prompting leadersin limbo due to mergers, acquisitions, funding losses, or downsizingto feel a loss of self-identity, irritability and helplessness at not being in control. As an executive career coach and former headhunter, I have worked with dozens of leaders facing these circumstances. Here are four practical strategies to help you stay grounded, proactive, and resilient during uncertain times. 1. Plan for the future (even when you dont feel ready) Its tempting to wait for clarity on your situation before taking action. But even during the fog of ambiguity, creating time for thinking is beneficial. One of my clients, Matt, was a director at a global finance firm that was being acquired, creating duplicate functions. He agreed to stay on to lead the reorganization and focused all his time on the business priorities, not his own. He was so dedicated he didnt start planning for his future until his boss was let go and reality hit home that it could be him at any moment. Give yourself the gift of forward planning by scheduling time to reflect on what is important to you in your work and life both in the short and longer term. Ask yourself a series of questions to determine what you want your ideal future to look like and steps to move you towards it: Where do I see myself in 10 years? Be as specific as you can about what you would love to do, not just what you could do. You may even consider creating a career vision board for your future using images and statements. With that vision in mind, what experience do I want to gain in my next organization? For instance, if you aspire to be a nonexecutive director long term, you may wish to strengthen your committee experience in the roles you hold between now and then. What are my nonnegotiable and desirable criteria in my next role? For example, you might want to be on the same time zone as corporate HQ but are flexible about the business size. Or increasing your compensation may be nonnegotiable, but you would be willing to travel more. 2. Refocus on what you need to thrive in the short term Take an honest look at your role and what you want to prioritize. One equity partner I worked with in consulting, Claire, knew the firm would be sold at some stage but the date was ambiguous. As the time stretched on, she became disengaged and frustrated, especially in meetings which were becoming increasingly political. She was ready for a change but was tied into the business financially. She realised shed moved away from the work where she most excelled. Ask yourself: What activities energize you at work? What activities drain you? For example, perhaps you thrive on being client facing, selling the services of the business, but you find writing the proposal document dull. Perhaps you love leading teams but find large leadership meetings sap your energy. This will help you identify your strengths. The more you use them the happier, more energized and resilient you will feel. Claire negotiated changes to her role that protected her future package whilst moving into a client practice she excelled in. She took on more mentoring work internally, negotiated greater flexibility, and relinquished elements she no longer enjoyed such as the board meetings. While many leaders would avoid making waves, when the timeline is unknown, its worth a discussion with your line manager about ways to do more of the activities you thrive on, build experiences you want to gain, and make your remaining time more meaningful. You may be there longer than you think and its beneficial to exit on a high. 3. Reconnect with your external network When I surveyed more than 100 leaders for a forthcoming research project, the vast majority (nearly 90%) said they would like to network more, yet only a handful proactively scheduled time for it. They regarded it as importantbut never urgentso consistently let their regular responsibilities take priority. Your wider network is an important source of executive leadership positions. Dont wait until you exit and are job hunting, instead reach out now. Begin with genuine connections you havent spoken to in a whileyour weak ties. Be discreet, but where you can, open up and seek support. If its been some time since you were last in touch, acknowledge this, and offer support in return. A simple message might look like this: Hi [Name], I hope you are well. Ive been thinking back to our conversations at [Company/Project] and I always valued your insights. Id welcome your perspective on a work challenge I am navigating. Would you be open to a short coffee or video call soon? Let me know how I can support you in return. 4. Expect and respect your emotions When significant change is coming in your work, it is normal to feel a rollercoaster of emotionsworry, sadness, resentment. Serena Williams shared the emotional difficulty of approaching the end of a long-term role, describing transitioning from professional tennis as painful. Emotions are interpretations of your feelings and it helps to understand them. Instead of ignoring or suppressing them, pay attention to them and explore what they are telling you. For instance, the sadness you are feeling may, more specifically, be guilt about letting your family down or disappointment that you didnt achieve everything you hoped for in the role. Reflective writing has been linked to improved mental well-being and laid off professionals being more quickly rehired. Get a notebook, set a timer and let your thoughts flow freely. The Feelings Wheela tool that lists 114 emotionscan help you recognize and articulate what you’re experiencing. You may not be able to control the situation of your impending job loss, but you can control how you respond. Invest time in yourself and your future plans. Harness your professional relationships and manage your emotions. With the right mindset and actions, this unplanned change could serve as a catalyst to a positive career step.
Category:
E-Commerce
Is the future of concert venues more spheres? It seems so. Following on the success of Sphere in Las Vegas, plans are underway to bring a smaller-scale version to the National Harbor in Maryland, just outside of Washington, D.C. Wes Moore, the governor of Maryland, announced on Sunday that the state and Prince Georges County are working with Sphere Entertainment Co. and Peterson Companies to develop a 6,000-seat sphere, its second venue in the U.S. This will be one of the largest economic development projects in Prince Georges County history, Moore said in a statement. Were excited for what this means for our people, and how it will showcase the best of what Maryland has to offer to everyone who visits. The collaborators are estimating that Sphere National Harbor could generate an economic impact in excess of $1 billion annually and support 4,750 jobs once operational. Though theres not yet an estimate of the cost of construction, this project could receive state, local, and private funding to the tune of approximately $200 million. MORE SPHERES COMING Located across the Potomac River from Alexandria, Virginia, National Harbor already draws tourists and convention-goers alike. Its attractions include the Capital Wheel, a giant Ferris wheel, and an MGM resort that boasts more than 135,000 square feet of gambling and a 3,000-seat concert venue. A rendering of the new Sphere indicates a potential location set off from the Harbor and next to the MGM. Even at a smaller size, the sphere would still feature the same Exosphere as the one in Las Vegas, which is an exterior LED display that allows the venue to take on different looks. Inside, the venue would feature the highest-resolution LED screen, haptic seating, 4D environmental effects, and other advanced technologies found in the original that seats more than 17,000 people. Construction is well underway for Sphere Entertainments second Sphere in Abu Dhabi, and National Harbor would mark the first smaller-scale version of the concert venueand potentially pave the way for others. Our focus has always been on creating a global network of Spheres across forward-looking cities, James L. Dolan, executive chairman and CEO of Sphere Entertainment, said in the statement. He also praised local and state lawmakers for recognizing the potential that a Sphere at National Harbor could elevate and advance immersive experiences across the area. There is no estimate on timing for the new Sphere yet, as the proposed venue is still being negotiated and requires various approvals. NOT SOLD ON SPHERES Though the planners behind the project boasted that Sphere in Las Vegas topped rankings by Billboard and Pollstar for top-grossing venues worldwide, many people havent been entirely sold on the venue. It has an average rating of 3.3 out of 5 on Tripadvisor, while panning events held there has become somewhat of a sport for some influencers. Whats more, the Sphere has been the topic of much criticism since it opened in 2023. Most recently, some film fans fumed because The Wizard of Ozcurrently showing at the Sphere for tickets starting at $104 per seatused generative AI to reimagine aspects of visuals from the classic to fit the venues capabilities. Even so, such criticisms havent slowed Sphere Entertainments meteoric rise. Its stock has surged 134% in the past year.
Category:
E-Commerce
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