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Bank of America’s housing analysts are highlighting a significant shift in the dynamics of the U.S. housing market over the past decade. Contrary to the pre-financial crisis era characterized by an oversupply of homes, the recent trend reveals a noteworthy underbuilding phenomenon. According to their analysis, this underbuilding has not only absorbed the excess of 2 to 3 million homes from the earlier overbuilding phase but has also resulted in a striking deficit of 4 million homes in the U.S. In a paper published this fall, Bank of America analysts assert that the most direct remedy to address the housing…

In a continual evolution of capabilities, Microsoft has unveiled its plans to introduce advanced features to Microsoft Copilot early next year, following the recent launch of the unified Microsoft Copilot and Copilot Studio. Looking ahead to 2024, Microsoft, as of December 5, announced its intention to integrate the OpenAI GPT-4 Turbo model into Copilot. This enhancement will empower users to address more intricate and prolonged tasks, further expanding the utility of Copilot. Currently undergoing testing with select users, the GPT-4 Turbo model is slated for integration into Microsoft Copilot in the upcoming weeks. Moreover, users already have the ability to…

Microsoft has recently released the release candidate (RC) of its Semantic Kernel .NET SDK, an open-source development kit designed to seamlessly integrate large language models with traditional programming languages like C#, Python, and Java. The announcement of the RC, made on December 5, marks a significant step in Microsoft’s ongoing efforts to facilitate the convergence of advanced language models with conventional programming practices. As of December 7, the Semantic Kernel had progressed to the RC3 stage, nearing the finalization of its v1.0.0.0 structure. Microsoft has been actively refining the SDK to enhance its user-friendliness for both existing and new users.…

Meta has recently launched Purple Llama, a groundbreaking initiative aimed at providing open-source tools designed to assess and enhance the reliability and safety of generative AI models before their public deployment. Recognizing the collective responsibility in addressing AI safety challenges, Meta envisions Purple Llama as a collaborative platform, creating a shared foundation for the development of safer generative AI, particularly in the context of growing concerns surrounding large language models and other AI technologies. According to Meta’s blog post, the company acknowledges the limitations of addressing AI challenges in isolation, emphasizing the importance of a leveled playing field and the…

Microsoft has rolled out Visual Studio Code 1.85, marking the November 2023 edition of its renowned open-source code editor. This update introduces significant enhancements, including the much-anticipated floating editor windows and a new capability to visualize JavaScript heap snapshots. Released on December 7, Visual Studio Code 1.85 is available for download on Windows, Linux, and Mac platforms. One of the key features of this update empowers developers to relocate editors from the main window to lightweight, independent windows. Changes made in one editor window instantly propagate to all others. Creating a floating editor window is as simple as dragging an editor…

Tiobe gives Programming Language of the Year honors to the language with the most growth year over year in its popularity index. At the end of 2022, it appeared C# would take the title. However, C++ overtook C# in the final month, growing by 4.62 percentage points. “This year we are a bit surer that C# is going to win. It gained +2.38% in one year, whereas its closest contenders Fortran and F# only gained +0.64% and +0.48% respectively,” Tiobe said in its December bulletin. In fact, most of the top 20 languages lost popularity in 2023, whereas the gainers…

A new wave is entering the workforce, and it’s the Generation Z cohort, comprising around 70 million Americans born between 1996 and 2010. As academics and thought leaders dissect their unique approach to life and career, the potential for Gen Z to reshape leadership and break the cycle of generational trauma becomes apparent. However, their success in this transformative endeavor hinges on collective efforts to support them. Distinct from previous generations, Gen Z places a significant emphasis on mental health and psychological safety, making them less tolerant of toxic workplace environments. Research reveals that 70% of Gen Zers identify mental…

Leadership in the modern age demands more than just profit-driven strategies; it requires a commitment to social impact that resonates authentically with values and mission. Today’s younger generations, especially millennials and Gen Z, seek purpose in every aspect of their lives, from their careers to the brands they support. Ernst & Young’s Gen Z survey highlights that nearly two-thirds of Gen Z considers working for an employer that shares their values extremely important. The concept of leading a life of impact is not new, but corporate leaders are now recognizing that genuine social impact is not just a choice; it’s…

One of the first things that captures your attention as you enter downtown Scranton, Pennsylvania, from Interstate 81 and off the President Biden Expressway is a grand, historic train station. Opened in 1908, it stands as a testament to Scranton’s industrial history, once a thriving center for coal, iron, and steel. Although now best known as the backdrop for the NBC sitcom The Office, the city’s legacy is deeply intertwined with the railroad. The train station, closed in 1970 and later transformed into the Radisson Lackawanna Station Hotel, remains a symbol of the area’s rich past. Larry Malski, president of…

If you were watching TV on the evening of Tuesday, December 18, 1962, you had the chance to tune into a one-hour piece of entertainment history on NBC. The show in question, Mister Magoo’s Christmas Carol, featured the cantankerous, nearsighted character playing Ebenezer Scrooge. Directed by the great animator Abe Levitow, it was the first animated Christmas special—and it was a hit. Over the next dozen years, a parade of other such specials arrived, some of which became beloved holiday traditions. They included Arthur Rankin and Jules Bass’s stop-motion puppet show Rudolph the Red-Nosed Reindeer (1964), Charles Schulz, Bill Melendez,…