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Author Archives: BridgeTower Media Newswires

‘Unstoppable’ AI raises concerns, need for regulation

Generative AI concept

New developments in artificial intelligence are unstoppable, despite a call from some experts to step on the brakes, business attorney David Miller said. “AI is embedded in so many businesses already – from gas compression monitoring to medical advancements,” Miller ...

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Chatbots yield brave new world for employers

Using ChatGPT on laptop

The headlines are buzzing with questions about ChatGPT and what it can do. Although there are more questions than answers at this point regarding its capabilities, it seems to be here to stay. What, then, are the implications of ChatGPT ...

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Is your cloud data secure? Here are some ways to check

Cloud data storage

According to technology company AAG, in 2015 30% of corporate data was stored in the cloud — the vast network of software and services that run on the Internet. In 2022 that number had doubled to 60% and is expected ...

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Construction industry under increased scrutiny for sex discrimination claims

Construction zone

It’s no surprise that women are underrepresented in the construction industry. The latest statistics published by the U.S. Bureau of Labor Statistics reveal that women make up about 10 percent of the workers in the industry. Employers in the construction ...

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It is time for employers to embrace the ‘Big Quit’ and adapt

Workers collaborating in office

Since the global pandemic transformed the employment landscape and led to the Great Resignation, or ‘Big Quit,’ employers continue to struggle to maintain a committed workforce. Employers recognize that their previous inflexible policies and low wages with minimal incremental growth ...

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M&A coming back stronger in 2023 despite economic challenges

Reaching agreement

With historically high deal counts and values, 2021 was an unprecedented year for the global mergers and acquisitions (M&A) market. In 2022, though, the total value of mergers and acquisitions in the U.S. and Canada fell to $1.477 trillion, a ...

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Artificial intelligence can revolutionize how business is done

Artificial intelligence

All the buzz lately is about ChatGPT, an artificial intelligence chatbot designed to produce, in seconds, natural-language responses to user prompts. As Ajay Agrawal, Joshua Gans, and Avi Goldfarb write in a recent issue of the Harvard Business Review, ChatGPT ...

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What businesses need to know about future litigation risks

Scales of justice in courtroom

Although 2022 saw an overall demand for law services decline on a national level from 2021, one area where midsize firms remained particularly strong was litigation, per Thomson Reuters’ 2023 Report on the State of the Legal Market. Employment and ...

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Commercial insurance: An annual review of coverage can prevent future disaster

With spring approaching, companies should consider adding an annual insurance checkup to their “spring cleaning” to-do list. Many businesses have, at some point, encountered this nightmare scenario: despite paying substantial insurance premiums year after year, a significant claim arises and ...

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