McKinsey Leans On AI to Make PowerPoints Faster, Draft Proposals
While employees have access to the likes of OpenAI's GhatGPT, they can only input confidential client data into Lilli, the proprietary platform aggregating McKinsey's knowledge base, according to Kate Smaje, the company's global leader of technology and AI.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
2 minutes ago
- Bloomberg
HSBC's van der Linde on Stock Market Rally Pause
A record-breaking run in global stocks has lost momentum as a sharp selloff in heavyweight technology shares rippled through markets. HSBC Head of Asia Pacific Equity Strategy Herald der Linde weight if a possible Fed interest cut could spur markets to eventually pick up steam again. (Source: Bloomberg)
Yahoo
30 minutes ago
- Yahoo
Pilot tells passengers he's trusting his 'gut' and refuses to fly plane
Pilots have the final say on the aircraft Yet another pilot is in the headlines after refusing to fly a plane. This time, the pilot made the call as the passengers were boarding. According to a post from Ambitious_Station_41 on Reddit, passengers were in the midst of the boarding process when the captain emerged from the jet bridge. The pilot ordered the gate agent to suspend boarding. The pilot was familiar with the plane The captain explained that he flew the same plane from Miami to Atlanta the day before. He'd noticed the problem with the elevator, which is essential to controlling the up and down movements of the aircraft. The pilot said he'd put in a maintenance request, but when he checked the log, it said, 'no issue found.' The pilot was uncomfortable accepting the aircraft until maintenance was dispatched to the scene. Maintenance showed up and said the plane was good to go. A department supervisor explained that they'd spent nine hours of 'investigation and repairs' after the issue was reported yesterday. He said he was trusting his gut The captain announced he was rejecting the aircraft. He informed the passengers that he'd been flying with Delta for 25 years and spent over 20,000 hours flying 757s. He told the travelers he 'knows when something is wrong.' The pilot further explained that this is the first time he'd rejected an airplane in over ten years. He said he trusts maintenance 100% but he goes with his gut when his gut says 'things are not what they should be.' A new plane arrived on the scene The announcement was made both on the plane and at the gate. Many passengers erupted into applause to show how much they appreciated his concern for their safety. A gate change was announced, and the flight was able to depart within about an hour of its scheduled departure time. At the new gate, the captain said it had been 22 years since he'd rejected a plane. The first officer said it had been seven years for him. The situation is increasingly common This isn't the first incident in which a pilot has refused an aircraft. Recently, a pilot refused to fly to Hawaii due to issues with the fuel system, despite the aircraft being cleared. In another instance, a pilot refused to fly because he was worried he might fail a drug test after a passenger smoked pot in the forward lavatory. Can a pilot refuse to fly a plane? Pilots have the final say when it comes to flight safety. This means they have the right to refuse to fly an aircraft they deem unsafe, even if the airline is telling them otherwise. Factors they can take into consideration include maintenance issues, weather, the fitness of the crew to operate the aircraft, and unruly passengers. The moment the captain announced he wasn't "feeling it," and refused the plane to Hawaii was captured on video by @johnnyjet. See it here. Solve the daily Crossword
Yahoo
30 minutes ago
- Yahoo
Columbus City Schools eyes staff cuts, school closings to make $50 million in reductions
The Columbus City school board has voted to cut $50 million annually from its budget to deal with a growing financial crisis, with additional school closures and staffing cuts a possibility. At an Aug. 13 special meeting, a joint committee of board members and committee members approved a recommendation to cut the $50 million, moving the recommendation to the school board. For 2026, the district has a $1.8-billion budget. On Aug. 19, the board voted to approve making the cuts and directed the superintendent to present a plan by the end of November for what the cuts should look like. Board President Michael Cole said that the cuts will be challenging, but added that "first and foremost," they will be in "the best interests of our children." "It's not a comfortable conversation, it's not one that's easy, but I can say that this is one that we're equipped for and this is what folks elected us to do — to make these tough decisions," Cole said. District facing financial headwinds Last week, The Dispatch reported that the district will begin deficit spending this year and will be out of cash by fiscal year 2029 under current projections. Presently, the district has more than $300 million in reserve cash. The discussion around budget cuts comes amid a variety of pressures on the district, including a recent reduction in funding from the state, federal funding uncertainty and inflation. The district also faces a growing penalty from the state for noncompliance related to the transportation of charter and nonpublic students. In fiscal year 2025, the penalty is projected to be assessed at $10 million, and from fiscal year 2026 to 2029, the transportation penalty is projected at $15 million, according to data presented on Aug. 13. And on Aug. 14, the Columbus Education Association, which represents teachers and other faculty, voted to approve a new contract with the district that includes 2.25% raises for members of the union, which the board approved at the Aug. 19 meeting. Personnel costs make up over 83% of the district's budget, according to district data. Cole said that the reality is that personnel expenses are "a significant portion of our budget." "It's important to identify where we can have the most minimal impact on that space," Cole said. "Without jumping in front of things, I want to make sure we do the proper work necessary to ensure kids have what they need to succeed in the district." John Coneglio, president of the CEA, said that budget cuts "will fall heavily on the teachers and support staff." "That's a concern of mine, and as we go through this process, we're going to make sure that all of our teachers are supported and the process is done correctly," Coneglio said. More school closures could be coming The board also discussed revamping school closings in the context of the threat to the district's financial solvency. The CCS board voted in December 2024 to close Broadleigh Elementary, Buckeye Middle School, Moler Elementary and the building that houses Columbus Alternative High School. The board also voted to close West Broad Elementary — under the condition that the board can secure funding to replace the school building on the site — and to close the Downtown board office building at 270 E. State St. Columbus City Schools Superintendent Angela Chapman said that clearing up some expenses on the operations side of maintaining and operating "legacy" buildings could afford the district the ability to invest in classrooms. "We're also looking at our operations, and looking how we can provide services leaner and make ways that are more efficient so we can redirect some of the dollars on the operation side of the classroom to help close some of those gaps," Chapman said. Marielle Henault, a member of Pint-Sized Protestors and the Columbus Education Justice Coalition, said during public comment that the board needs to create a community-centered approach that "would truly involve the communities that could be impacted." "We can see all the numbers we want, but at the end of the day, our kids are not numbers and their communities aren't squares on a game board that can be moved around at someone's whim," Henault said. Cole Behrens covers K-12 education and school districts in central Ohio. Have a tip? Contact Cole at cbehrens@ or connect with him on X at @Colebehr_report This article originally appeared on The Columbus Dispatch: CCS board approves $50 million in cuts, details could come by November Solve the daily Crossword
