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Walter Iooss Jr./Sports Illustrated via Getty Images Simpson competes during a track event at the University of Southern California in 1967. Focus On Sport via Getty Images Simpson gets ice applied to his bandaged right foot from his wife Marguerite in 1967. Bettmann Archive/Getty Images Simpson poses with the Heisman Memorial Trophy after receiving the award in 1968. Bettmann Archive/Getty Images Simpson is brought down by another football player during the Hula Bowl in 1969. ABC Photo Archives/Disney General Entertainment Content via Getty Images Simpson acts in a scene from the 1978 film "Capricorn One."
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While another third (32%) said they have not made the spending decision, only 13% said they would not be acquiring similar gen AI capabilities. Microsoft has pointed to customers including Visa, BP, Honda and Pfizer using Copilot, and professional services firm partners on Copilot AI including Accenture, EY, KPMG, and PwC. And even amid the hype, it's important to keep in mind that as gen AI spending grows, it is still dwarfed by companies' cybersecurity budget needs. That means roughly $5 will be spent on security for every dollar spent on gen AI. But it's growing, and for now at least, when it comes to the billions in gen AI spending, Microsoft is in the pole position.
Persons: Dan Ives, Google Bard, Satya Nadella, Sam Altman, Altman, Jason Wong, Wong, Joe Atkinson, That's, Copilot, It's, Gartner, it's, Will, John Lovelock Organizations: Microsoft, Wedbush Securities, " Enterprises, Google, CNBC Technology, Survey, Gartner, Visa, BP, Honda, Pfizer, Accenture, EY, KPMG, CNBC, CNBC TEC, SAP, Adobe, Amazon Web, Meta, SharePoint Locations: San Francisco , California, U.S, Copilot, Salesforce, that's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGartner: Global IT spending is expected to top $5 trillion for the first time this yearJohn Lovelock, chief of research for IT forecasting at Gartner, discusses how much companies may be willing to spend over the next year, as the use of AI continues to boom.
Persons: John Lovelock Organizations: Gartner, Global
CNN —Tennis royalty met British royalty at Wimbledon this month as Roger Federer and Catherine, Princess of Wales, met the tournament’s ball boys and girls, took part in their training, and played a game of doubles. Kate even managed to win a point against the eight-time Wimbledon champion, hitting a passing shot while he was standing at the net. As a royal patron of the All England Lawn Tennis Club, Kate is often seen watching the tennis from the Royal Box at Wimbledon, which this year begins on July 3. At one point, however, Kate took an impressive one-handed catch, only to be told by Federer that ball girls and boys weren’t allowed to catch the ball at Wimbledon. “You’re meant to let it bounce and then get it,” a ball girl standing next to her added.
Persons: Roger Federer, Catherine , Princess of Wales, Kate, ” Federer, Federer, , ” Kate, Thomas Lovelock, I’m, , weren’t Organizations: CNN — Tennis, Wimbledon, Lawn Tennis Club Locations: Basel, Switzerland
The Martian Chronicles
  + stars: | 2023-05-19 | by ( Alec Nevala-Lee | ) www.nytimes.com   time to read: +2 min
Instead of astronauts, exploration has been left to robots, which attract passionate fans of their own. As Shindell observes, a trip to Mars “always seems to be two or three decades in the future,” allowing policies in the present to be justified or forgiven indefinitely. To his credit, Shindell persuasively argues that Mars is most instructive when it sheds light on how we see ourselves. Proposals for Martian colonies are often tangled up with the language of capitalism and privilege, treating the planet as an escape hatch that minimizes the need to solve problems on Earth. It fills the same imaginative role today that America once did for Europe, which underlines the danger of exporting old assumptions to an undiscovered country.
Capital One Job Cuts Signal Trouble for IT Labor Market
  + stars: | 2023-01-21 | by ( Belle Lin | ) www.wsj.com   time to read: +5 min
Technology sector employment overall has remained stable, but job postings for future tech hiring have declined for the second consecutive month, according to IT trade group CompTIA. Companies across industries hired 137,000 tech workers in December, compared with 130,000 the month prior, CompTIA estimates based on an analysis of U.S. Labor Department data. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. News of the job cuts was reported earlier by Bloomberg. Some employers might be shedding the additional technology workers they hired to ramp up remote-work capabilities during the early days of the Covid-19 pandemic, said Mark Muro, a senior fellow at Brookings Institution.
Global IT Spending Decreased in 2022
  + stars: | 2023-01-18 | by ( Angus Loten | ) www.wsj.com   time to read: +4 min
Companies worldwide made deep cuts in enterprise technology spending last year, with tighter information-technology budgets likely to stretch well into the year ahead. Global IT spending contracted 0.2% in 2022, dropping to $4.38 trillion—a rare instance of corporations spending less on digital business tools than in the previous year, according to IT consulting and research firm Gartner Inc.Gartner had initially estimated that IT spending had increased 0.8% last year. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. Spending on business software and IT services is expected to remain steady year-over-year, together accounting for more than $2.16 trillion in projected spending in 2023, Gartner said. Within IT services, spending on consulting services alone is projected to reach $264 billion, up 6.7% from 2022, Gartner said.
Other world leaders who died in 2022 include former Soviet leader Mikhail Gorbachev, who died in August. The final days of 2022 saw the loss of some exceptionally notable figures, including Pope Emeritus Benedict XVI. Here is a roll call of some influential figures who died in 2022 (cause of death cited for younger people, if available):___JANUARY___Dan Reeves, 77. A Cuban-born artist whose radiant color palette and geometric paintings were overlooked for decades before the art world took notice. A prolific character actor best known for playing villains and tough guys in “The Manchurian Candidate,” “Ocean’s Eleven” and other films.
Bonnie Titone, chief information officer at Duke Energy Corp., a Charlotte, N.C.-based power producer, said CIOs are being told to get by with less, but without decreasing output or positive outcomes. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. One resource to keep top of mind is talent, said Brad Peterson, Nasdaq Inc.’s chief technology and chief information officer, adding that economic slowdowns can provide opportunities to reassess talent development and succession planning. Diogo Rau, chief information and digital officer at Eli Lilly Photo: Eli Lilly & Co. “My perceptions of the economy haven’t changed the way I plan to approach my role,” said Diogo Rau, chief information and digital officer at Eli Lilly & Co.
The market for cloud computing, business software, artificial intelligence and other so-called enterprise technologies has been a relative bright spot. “During times of economic uncertainty, companies look for ways where technology can drive growth and create more economic value faster,” said Juan Perez, chief information officer at Salesforce Inc. When budgets are under scrutiny, companies tend to focus on short-term solutions that can drive efficiency and productivity, Salesforce’s Mr. Perez said. Companies should take this opportunity to reconsider the pace of hiring and employ freelance workers where it makes sense. Additionally, CIOs say they are looking at the opportunity to hire valuable workers who lost their jobs at other companies or renew technology contracts on more favorable terms.
The path of tech demand has been one of the key questions as markets try to handicap the odds of a 2023 recession. "CEOs and CFOs have no intention of cutting tech spending," said Gartner chief forecaster John-David Lovelock. On the bright side, the GDP report painted a picture of fairly strong technology demand, said Bank of America Merrill Lynch economist Michael Gapen. The shortfall in investment spending was driven by a sharp decline in residential investment, he said. In percentage terms, cloud spending will rise by about 20 percent for the next two to three years, according to Gartner's forecast.
The U.S. Department of Agriculture is making available $759 million in grants and loans to enable rural communities to access high-speed internet, part of the broader $65 billion push for high-speed connectivity from last year’s infrastructure law. Agriculture Secretary Tom Vilsack and White House senior adviser Mitch Landrieu are unveiling the grants in North Carolina on Thursday. “Rural communities are the backbone of our nation, but for too long they’ve been left behind and they have been underrecognized,” Landrieu said. That’s just beyond unacceptable that that’s not available to rural America.”Vilsack said he and Landrieu will “learn firsthand” from people in North Carolina about the opportunities internet access can create. They plan to meet with state and local officials including North Carolina Gov.
Leaders at large-cap tech companies are in an anxious waiting game, battening down the hatches as they prepare for the storm to hit. Some tech firms will be hurt moreAmong the biggest players in the tech industry, the impacts of a crash will not be felt evenly. "I look at these large tech companies, and over the last couple of years, obviously money's been free, everything got bloated, and all these tech companies — excluding Apple — have effectively doubled their head count over a three-year period, right? Beyond head count, tech companies are cutting back on extras, imperiling their famously lavish meal options. The largest tech companies are also signaling their anxiety by trimming budgets for their more experimental businesses and research projects.
Tighter IT Budgets Hit Global Laptop, PC Shipments
  + stars: | 2022-10-10 | by ( Angus Loten | ) www.wsj.com   time to read: +4 min
Global shipments of desktop and laptop computers fell in the third quarter by a record 18% on a year-over-year basis to a total of 69.4 million units, according to market research firm Canalys. International Data Corp., a technology industry research firm, reported similar declines in third-quarter consumer PC sales. The firm is expected to report commercial PC sales next week, said IDC research manager Jitesh Ubrani. On Monday, Gartner said laptop demand among large enterprises fell sharply in the third quarter, while overall global PC sales saw their steepest decline in over two decades, Gartner said. In the third quarter, worldwide shipments of personal computers dropped 19.5% from a year ago, Gartner reported.
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