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Unlike past tech booms that have touched San Francisco, the generative AI craze brings fewer jobs, because AI firms excel at staying lean and automating work. "I think we should curb our optimism that San Francisco commercial real estate will bounce back because of AI," said Silicon Valley investor Jeremiah Owyang. Eleven of the country's top 20 AI companies are in San Francisco and have raised $15.7 billion collectively between 2008 and 2023. That amount is just 2.3% of the estimated 150,000 daily workers that downtown San Francisco lost during the pandemic. Reporting by Anna Tong in San Francisco; Editing by Sayantani Ghosh, Anna Driver and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Barria, San, Jeremiah Owyang, Erin Price, Wright, OpenAI, Matt Schlicht, Mike Grabowski, Grabowski, Owyang, Lee Edwards, Daron Acemoglu, Anna Tong, Sayantani Ghosh, Anna Driver, Matthew Lewis Organizations: Intelligence, REUTERS, FRANCISCO, Reuters, Francisco, San Francisco Mayor London Breed's, San, Microsoft, Octane, Google, Nordstrom, Massachusetts Institute of Technology, Thomson Locations: San Francisco, California, U.S, Valley, NFX, Dubai

☆ One of the most important conservative think tanks is changing its tune on the free market and state power to keep up with the 'New Right' ushered in by Trump and DeSantis
▼ + stars: | 2023-04-16 | by ( Ethan Dodd | ) www.businessinsider.com time to read: +7 min

A recent report published by the think tank outlines how government could play a greater role in the economy. The foundation is trying to keep up with American right's turn away from free markets with Trump and DeSantis. On the other side are libertarian conservatives like Sen. Rand Paul who opposes interfering with free markets. The Reaganite fusion of free markets, social traditionalism, and anti-communism "is fundamentally dead," Geoff Kabaservice, vice president of political studies at the market-oriented think tank Niskanen Center, told Insider. Heritage's president, Kevin Roberts, took over in 2021 and has aligned the think tank much more with the New Right, which is home to figures like Florida Gov.

☆ Big Law firm draws ire for leaked list of 'non-negotiable expectations' for associates — including being online 24/7 'no exceptions, no excuses'
▼ + stars: | 2023-04-08 | by ( Bethany Biron | ) www.businessinsider.com time to read: +3 min

A leaked list of "non-negotiable expectations" at law firm Paul Hastings is sparking debate online. While some say the demands are "horrible" others say they represent realistic expectations within the industry. The firm told Insider "the material was prepared by an associate," but noted "the views expressed do not reflect the views of the firm or its partners." Lee Edwards, general partner at Root Ventures, an investment firm focused on tech, wrote in a tweet on Friday that he found the expectations "horrible." "Good and helpful description of working in any top-tier profession services firm at any point in the last 30 (50?)

☆ Ex-trooper bought home, blacked out windows, weeks before allegedly killing family of teen he catfished, seller says
▼ + stars: | 2022-12-03 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

Property records from Smyth County, Virginia, list Austin Lee Edwards as the owner of the home on Allison Gap Road. “It still doesn’t feel real," Gordon told NBC affiliate WCYB of Bristol, Virginia. A fire that authorities believe was intentionally set broke out at their home and Edwards allegedly drove off with the teen. Gordon said Edwards told him that he moved to the area because he'd grown up in the region and wanted to return. The last time Gordon said he saw Edwards was Tuesday, Nov. 22, three days before the Wineks were killed.

☆ Ex-Virginia trooper posed as teen for ‘sextortion’ in catfishing of girl whose family he killed, police say
▼ + stars: | 2022-11-30 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +6 min

"Sextortion" drove an ex-Virginia trooper’s catfishing of a teen girl and killing of her mother and grandparents in Southern California last week, police said at a news conference Wednesday. “This is yet another horrific reminder of the predators existing online who prey on our children,” Gonzalez said. A spokesperson for the Riverside Police Department did not immediately respond to follow-up inquiries from NBC News. Police are also are investigating what Edwards' intention was with the girl following the fire and murders, officials said. When deputies with the San Bernardino County Sheriff’s Department caught up to Edwards, the suspect fired gunshots at them, before being fatally shot by at least one deputy, police said.

☆ Virginia law enforcement worker killed in shootout with deputies after murdering family of teen he catfished, police say
▼ + stars: | 2022-11-28 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +4 min

A Virginia law enforcement worker has been killed in a shootout with deputies in California after he allegedly murdered the mother and grandparents of a teenage girl he catfished online, before trying to escape with the teen, police said on Sunday. The Riverside Fire Department arrived at the residence to find a fire on the first floor. The teen was unharmed and was placed into protective custody of the Riverside County Department of Public Social Services, police said. Police said it was believed Edwards had developed an online relationship with the teen and was able to obtain her personal information. It was not immediately clear what roles Edwards held with either the Virginia State Police or the Washington County Sheriff’s Office.

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