Below is a recap of this week’s blog posts including the advantages of partnering with women-owned businesses, details regarding the end of the Closed Loop case, the rise of AI and a special thank you to those who have served and continue to serve our country.
Advantages of Partnering with a Women-Owned Business
The number of women-owned and WBE-certified businesses continues to increase each year. Partnering with a woman-owned business allows an organization to achieve better diversity, innovation, and collaboration. Additionally, businesses typically receive better returns on investment, the chance to acquire good PR, and the opportunity to earn tax incentives.
Closed Loop Case Comes to and End After a Five Year Legal Battle
When Closed Loop Refining and Recovery failed in 2016, the business left about 151 million pounds of CRT material abandoned in warehouses owned by Garrison Southfield Park and Olymbec USA. Thus began a legal battle spanning nearly six years, starting when complaints were first filed in 2017. Complaints were filed again in 2019 and once more in 2020 over funding for the cleanup of the CRT materials, as well as who would be responsible. After a years-long legal battle, and many settlements, it seems the entire case is finally coming to an end.
AI Startups Rise as More People Invest in the Future of Artificial Intelligence
Artificial Intelligence has been surrounded by conflicting emotions for years, with many people wondering whether it’s a good idea, or potentially destructive. Films like Disney’s 1999 hit Smart House were once a humorous idea, but now do not seem so far off the mark to some who are more fearful. AI is already used more often than many think in daily life. Any automated conversational program such as the ones on smartphones or speakers are considered functioning AI, but don’t worry, Siri and Alexa won’t try to trap you inside your house.
Tomorrow is the day to remember those living and deceased who have fought bravely for our country. November is the perfect time to pay tribute to the brave men and women who have defended our freedom, as well as those who continue to sacrifice their lives for our country. Keep our veterans in mind while decorating for Thanksgiving festivities, and remember those families who have lost loved ones to service.