Loko AI Builds Autonomous Safety and Security for Critical Missions

Founded as a direct result of the Route 91 Festival shooting in Las Vegas, Loko AI’s mission is to automate worker safety, security and reduce insurance liability. We’re pioneering Autonomous Systems, Computer Vision and Synthetic Data to solve the hardest risk management problems for our customers. Our AI solutions for ports, container terminals and shipyards provide best-in-class technology to help optimize human and organizational performance. We’re making the world a safer place and dedicated to building an awesome, diverse company culture at the forefront of Artificial Intelligence.

 

Learn more about Loko AI here

Acceleration of AI Adoption

Dr. John Mooney, Pepperdine Graziadio Business School’s associate professor of Information Systems, provided an analysis on how Artificial Intelligence (AI) impacts businesses and customers and shares examples of how businesses are uniquely using AI technologies.

Various industries are rapidly adopting AI technologies which is helping businesses reduce costs, innovate, and serve as a competitive advantage. Dr. Mooney identified more than 50 instances of businesses adopting AI technologies in the Los Angeles metropolitan area. The analysis found retail and medical products and services as the top two industries for AI adoption in the LA region. One example of AI implementation and its success was with BCBG Max Azaria, a worldwide fashion designer. The company implemented a third-party AI service which successfully raised online customer engagement by 20% and achieved a 300% increase in customer conversation rates. For companies that are interested in implementing AI technologies, Dr. Mooney recommends business executives to educate themselves on the various capabilities as well as starting off with a pilot program. During experimental pilot programs, executives can better understand the potential business benefits of the AI technology and start to develop the organizational and managerial competencies needed to effectively deploy the technology.

The Business Adoption of Artificial Intelligence analysis is available in the Pepperdine Graziadio Business Review. Follow the Graziadio Business Review on Twitter and LinkedIn for additional articles on relevant business information and analysis.

Artist and Architect Lawrence R. Armstrong Partners with Volonic to Launch “Artist Series” of Luxury Wireless Chargers

IRVINE, Calif. – Lawrence R. Armstrong, in partnership with Volonic, a luxury consumer technology company, today announced the launch of Volonic’s “Artist Series” – the latest in the company’s line of handcrafted wireless chargers. The Artist Series celebrates artists as creative trailblazers who “dare to imagine a more elegant, yet functional world,” and joins Volonic’s Aluminum and Grand Piano collections. Armstrong is the first artist to be commissioned for the Artist Series, and all proceeds from sales will be donated to charities and non-profit organizations of his choosing. His creations will be featured for a limited time.

The Volonic device that Armstrong used as canvas for his designs, the “Volonic Valet 3,” is an elegant position-free wireless charging solution that powers Qi-enabled devices. Each Volonic Valet 3 that Armstrong designs is completely unique, and sold preconfigured with a high gloss white aluminum frame, 100% genuine leather top, white wall charger and 6ft USB-C cable. A short demonstration of Armstrong’s work for the Volonic Artist Series can be seen at: https://youtu.be/61bsG57fAwc

“My work, both in art and architecture, is an ongoing exploration of the concept of layers,” said Lawrence R. Armstrong. “I have always been aware of and fascinated by layers in the natural and built environment. My inspiration for Volonic’s Artist Series was the natural tension between the opposing forces of free form and precision.”

“Lawrence R. Armstrong, is a world-renowned artist, architect, business leader, and dear friend. We were excited when he accepted our request to debut the Artist Series,” said Volonic CEO Shawn Dougherty. “As we pull in different artists to design for this series, each will encourage us to view the world, our cultures and each other from a new and beautiful perspective.”

The artist series collection can be viewed at https://volonic.com/collections/artist-series.  More information on Armstrong’s personal work as an artist can be found at www.lraart.com.

About Lawrence (Larry) R. Armstrong

Lawrence R. Armstrong is a world-renowned artist, architect and business leader. He is Chairman of Ware Malcomb, an international design firm that provides architecture, planning, interior design, civil engineering, branding and building measurement services to commercial real estate and corporate clients throughout the US, Canada, Mexico and Panama. He has been an Ernst & Young Entrepreneur of the Year Award winner, a multi-time OCBJ OC500 member of the most influential OC community leaders. With Ware Malcomb for over 30 years, and former CEO for over 25 years, Larry grew firm revenue by 40 times during his tenure as CEO. His lifelong fascination with layers drives his creative vision, and his exquisite art has been exhibited all over the world including Italy, Spain and Germany.

 

About Ware Malcomb (waremalcomb.com)

Established in 1972, Ware Malcomb is a contemporary and expanding full service design firm providing professional architecture, planning, interior design, civil engineering, branding and building measurement services to corporate, commercial/residential developer and public/institutional clients throughout the world. With office locations throughout the United States, Canada and Mexico, the firm specializes in the design of commercial office, corporate, industrial, science & technology, healthcare, retail, auto, public/institutional facilities and renovation projects. Ware Malcomb is recognized as an Inc. 5000 fastest-growing private

company and a Hot Firm by Zweig Group. The firm is also ranked among the top 15 architecture/engineering firms in Engineering News-Record’s Top 500 Design Firms and the top 25 interior design firms in Interior Design magazine’s Top 100 Giants. For more information, visit http://waremalcomb.com/news and view Ware Malcomb’s Brand Video at

youtube.com/waremalcomb. 

 

Welcome Home, Purple Plus!

By Purple

Just over five years ago Purple started a Kickstarter campaign to manufacture and sell a completely unique mattress. After incredible support from the community, we launched the Purple Mattress—a revolutionary product that placed a two-inch layer of Purple GelFlex Grid on top of a foam base. Since then, this bed, and our business model, changed the mattress game forever. After the Purple Mattress took off, we’ve launched several other hybrid mattress models, and we’re excited to announce an upgraded foam-base mattress: the Purple Plus!

The Purple Plus Mattress offers a comfort upgrade to our Purple Mattress, thanks to an extra layer of premium foam that provides better response, breathability, and cushioning. An upgrade to our original mattress, this option offers three layers of foam to support the Grid: a firmer, supportive layer, and two softer, cushioning layers. The top layer of premium cushioning foam underneath the Grid is designed to react more quickly to the body’s pressure and movement so every inch of you remains supported even as you shift or roll over. In short, we took everything that you love about the Purple Mattress and made it even better.

The new layer of premium comfort foam is more breathable than our standard foam to help you sleep comfortably cool—because there’s nothing worse than the night-sweats! The upgraded SoftFlex Cover allows you to fully feel the cool, instant response of the Grid. Pair your Purple Plus Mattress with our luxury SoftStretch Sheets and you’ll be sleeping comfortably cool all night long.

The Purple Plus uses our innovative GelFlex Grid, which cradles pressure points like your hips and shoulders, while keeping the rest of your body fully aligned. Our new premium comfort foam works hand-in-hand with the Purple Grid to mold to your body and give you the extra cushioning you want and the support you need. It’s soft where you want it and firm where you need it!

The Purple Plus Mattress is a premium product at an affordable price.

The Parallels between being a Ballroom Dancer and a Leader: How dancing has taught me more about being a better leader

By Erin Levzow, VP of Marketing Technology, Del Taco Restaurants Inc.

Almost a year ago I started ballroom dancing. It was a Christmas Gift to Fred Astaire near our home. I like to dance, but had never done ballroom dance or much partner dancing of any kind other then maybe in a few theatre productions. I took a leap and tried it out.

I of course fell in love with it and a year later have the entire family dancing too, the kids are the cutest! But I digress, I have been thinking a lot about how it has helped me grow in areas that have nothing to do with dance and I want to share that with all of you.

  1. Trust – I have to trust my partner completely for this to work. It really does take two to tango (that must be where it comes from LOL) but if you don’t have trust it will never be as good as it can be and that goes for teamwork as well. Our teams need to support and have trust in the workplace to produce the best possible work.
  2. Openness to try new things – Not only was ballroom new for me but being lifted, tilted, dipped (I’m sure there are fancy ballroom names for these terms) and at first I was scared, I didn’t allow myself to be vulnerable and try new things. I often talk about how much I love Brene Brown’s speech on vulnerability and then when I was put in this situation I felt myself armor up and get nervous, scared and back away. In order to do any of these moves I have to allow myself to be open to learning and doing them
  3. Practice – I can’t get better without it, sounds simple but of course the more I work at it the better I get. Same with work and continuing to learn and stay on my game. Digital and Marketing consistently evolves and I need to evolve with it.
  4. Everyone leads and follows differently – This is situational leadership at its finest! When I first began I expected that everyone would lead me just as my partner Zach did. I would fumble when I practiced with others that were stronger, softer, or used different moves, but eventually I realized that everyone leads differently and while the fundamentals are the same it is completely okay to adapt to someone else and that goes both ways. Same with work. Everyone is different and everyone needs something different from me as a leader, they may need someone to listen, guide, consult, coach but it isn’t a cookie cutter approach to everyone however the fundamentals are the same.
  5. Failure – Oh boy this is a big one. Have I failed!? I have missed moves, forgotten complete dances, stepped on my partner (sorry!) and walked off the floor feeling defeated. Someone said to me this weekend, “Leave it on the floor,” and I thought that is exactly what I tell folks at work. Fail Fast Fail Forward. We learn, we move on. We shake it off and go out and improve each time. Failure is hard, sometimes I feel the tears coming up because I am disappointed in myself for both work, dance, being a mom, and all the other titles I hold. I am not perfect but remembering that no one is and I need to Leave it on the floor is so important. Keep pushing forward. Failure will happen and should happen it is how we adapt to it and push forward that matters. I’m still dancing even after all of this.
  6. Control – Okay, I like to control, oh everything. You are thinking, really Erin that’s surprising (I know, I know), but I do. People say, Control what you can and if it was up to me it would be all the things LOL. Turns out in Dance you can’t. You can’t control your partner, you can’t control what moves he leads you in and you absolutely can’t control the scores you get from the judges. What can I control? My attitude I bring onto the floor, my body, my frame (dance position), my hips (maybe and only sometimes, still working on this one LOL), my level of effort and how I respond to the leaders. Hmmm clearly the same for work, this is what I can control and the rest I need to release and be okay with. (easier said than done but something I work on both professionally and personally)
  7. Joy – Do what you love and you will love what you do. Dance should be fun! It is easy to get overwhelmed by wanting to be perfect, controlling things, feeling the failure but if it ever loses the joy of it then I need to move on. I feel the same about work. I truly love what I do and we should. We spend more time at work then we do often with our families, if we lose the love we need to re-evaluate why we do what we do and what we should be doing. For now, Dance and my work bring me tons of joy.
  8. Multi-tasking – Someone tried to convince me last year that multi tasking isn’t a thing and you can’t truly multi-task. All I can say to that, tell that to a dancer. Not only am I feeling the music, counting, thinking about if my hips are doing “Cuban motion (they don’t normally),” where are my feet, connecting with my partner, smile or show the right emotion, look the right way, stand up straight, oh and then all the moves, you can’t tell me that this isn’t multi-tasking. Being aware of all of that takes skill. And then the leader has to also keep us on track on a floor full of people making sure we look graceful and don’t collide with anyone. It is an art all of it’s own. At work, we all have 100 things happening and being able to balance them, be aware of our environment, team and keep those facial expressions in check.  

I never would have thought my fun hobby would teach me so much but it’s funny how it all adds up.

Alright enough typing…let’s dance! 

Facility Location Planning for the New Normal

By Tompkins Solutions

With the level of disruption and uncertainty in today’s world, many brands and retailers are experiencing widespread change across their business and distribution operations. Continued e-commerce growth is prompting many companies to add new distribution centers (DCs) and fulfillment methods to cope with changing order profiles and volumes.

Steps for successful site selection

The first step in any facility location planning is to complete the design of the new operation—not the actual building. In order to properly size the facility, you must first understand how it will function over the next several years. Selecting the right site or building can be a lengthy and costly process, so careful planning is required to avoid any potential mistakes at this stage.

When moving to another facility—whether existing or new—ensure the plot of land is large enough to accommodate your current and future operations, inbound and outbound truck access and ample parking for employee vehicles. If moving to a new area, now is also a good time to seek out any potential township, county and state incentives.

As important as the design is the location of your facility. As more businesses are expanding their fulfillment operations and shipping directly to consumers, finding a facility close to your customers will help you design an optimal distribution network.

Finding the right facility

If you opt for an existing building, it is vital to design your operations to fit within that facility, or at least confirm it can indeed work in that particular space. Building dimensions and aspect ratio, ceiling height, bay spacing, and dock door locations and quantity are all critical factors to consider. In addition to accommodating your current design, it is also important to ensure the facility has the flexibility to adapt and grow as requirements change.

Building a new facility is a lengthier process and requires several additional steps. Once the detailed design is completed, the next step is selecting material handling equipment (MHE) vendors and identifying lead times. Depending on the specific MHE selected, these contracts may have to be executed immediately to ensure on-time arrival.

Moving to another facility is a big decision and long-term commitment. While in times of uncertainty it is impossible to predict the future, it is important to select a site that can accommodate flexible designs to ensure your operations are agile and resilient enough to meet the needs of the new—and next—normal.

Check out our other resources to learn more about how to optimize your distribution and fulfillment operations.

Palmer Luckey Interview at Pacific Club – December 2 2021

Palmer Luckey is an American inventor, innovator, and entrepreneur. He is the Founder of defense technology company Anduril Industries, designer of the Oculus Rift, a virtual reality head-mounted display, and the Founder of Oculus VR, which was acquired by Facebook in 2014 for $2.3b. Palmer founded Anduril Industries in 2017 to radically transform the defense capabilities of the United States and its allies by fusing artificial intelligence with the latest hardware advancements. At Anduril, Palmer integrates a consumer technology business model with mission- driven objectives, enabling rapid product development and deployment, setting the company apart from other players in the defense industry.

Palmer Luckey was interviewed by Pacific Club Member, CEO of KCOMM and Chairman of IMA, Sinan Kanatsiz. Throughout this interview, we unraveled a journey that began with Palmer’s bold vision as a young entrepreneur. His vision has not just turned into the latest technological medium, but is actively transforming the world we live in through industries including education, healthcare, architecture, gaming and virtually every arena known to mankind.

The interview focused on how Palmer is ‘Flipping the Script on Entrepreneurship’ and offered a deep dive into Palmer’s story as he innovated his way to becoming the successful entrepreneur that he is today. In the conversation, we discussed Palmer’s background, the creation of Oculus, and the transition into building Anduril, a defense technology company working to solve some of the most important and complex national security challenges. We also touched on a diverse selection of topics including the limitless world of the metaverse, Palmer’s goals and missions for his companies, and his “smartest” decision to base his headquarters in the crown jewel of Orange County.

Watch the interview here:

Santa Ana College kickstarts the “Kanatsiz Scholars” Program Fund, “Kicking into College”​ for unprivileged students throughout Orange County

Divorcing youth from excess screen time, gangs, violence and drugs through the power of Soccer and Trade School programs offered by SAC

I recently partnered with Santa Ana College (SAC) to kickstart a new program serving underprivileged youth throughout Orange County, called “Kicking into College.” In this initiative, SAC and I will work to identify some of the most underprivileged students in all of Orange County and provide them with a full-ride scholarship at SAC. The ‘Kicking into College’, Kanatsiz Scholars Program scholarship will focus on supporting high-achieving, at-risk students in creating an on-going pathway to continue their educational journey at SAC and beyond. These strategic, high-impact awards are designed to increase enrollment and completion in many of the career pathways provided at SAC through scholarships, degrees and certificates.  

In addition to providing life-changing, full-ride scholarships to a targeted group of incoming students, this program will provide critical networking and mentorship connections with local business leaders and will utilize soccer as the driving force to positively impact their quality of life. Special focus will be placed on engaging and recruiting young people based locally in the communities surrounding SAC who have a high propensity to be exposed to gang involvement and substance abuse issues. 

Read full article here

An Introduction to Bitcoin

By iTrust Capital

Bitcoin has become a household term in the past decade, but many are still uninitiated into what it really is. Here’s your chance to dive in.

What is Bitcoin?

Founded in 2009 by Satoshi Nakamoto, Bitcoin was published as a white paper, which is a concise report meant to inform the public on a complex subject.

Satoshi Nakamoto is claimed to be pseudonymous, and no one knows if it was one person or a group of people.

Alongside the white paper, Nakamoto released the first version of Bitcoin’s software, launching the network with what is known as the genesis block of bitcoin.

Now that we’ve had a brief history, let’s learn what Bitcoin really is.

According to the white paper, Bitcoin was created as a “Peer to Peer Electronic Cash System”. This essentially means: No banks or third parties are involved. The exchange of currency is instead verified by an ongoing network that documents every transaction. This network uses CPUs, or the central processing units of computers, as nodes that verify transactions.These transactions are compiled into groups known as blocks. The blocks form a chain or a historical ledger. Each node verifies the entire chain before adding a new block. Thus, the blockchain was born. 

Why?

There was a movement in the 90s to create an encrypted cyber currency so as to never be manipulated. The practitioners of this movement were known as cypher-punks and they were supposedly committed to ultimate privacy through encryption. The cryptographic currencies they created, however, were prone to an issue called double-spending. Double spending meant the crypto-currencies could be spent more than once since they weren’t being properly verified or tracked.

Bitcoin was pitched as the solution to this double spending problem of these “cryptographic currencies” and to be a secure way to do commerce on the internet. Rather than being untraceable, it was the exact opposite. It was entirely tracked through the blockchain (though the buyers and sellers remained anonymous). 

Security

Because the blockchain is verified by nodes constantly, it’s very difficult to defraud the chain. Incorrect blocks will be detected and dropped fairly quickly. In theory, users’ privacy and information is better protected than in a typical system because of the lack of a third party. Anyone who wishes to attack the blockchain and defraud the system would need a considerable amount of CPU power to outpace the system of nodes, and would be better served to use that power to participate in the system. At least, that’s how the system was designed.

The Future

Crypto assets such as Bitcoin are changing the financial landscape of the world. A recent example of these changes is the Crypto IRA. At iTrustCapital, for instance, clients can open a retirement account to buy and sell crypto with the same tax advantages of a regular IRA. This type of interactivity with financial staples like IRAs is a new addition to the space that has been quickly adopted.

DISCLAIMER

This content is for informational purposes only.  It does not constitute legal, tax, or investment advice in any way and should be used at your own risk. We recommend seeking the advice of a qualified legal, investment, or tax professional. Cryptocurrencies are a speculative investment with risk of loss. Some taxes and conditions may apply depending on the type of retirement account.  iTrust Capital, Inc. does not make any representations or warranties as to and is not responsible for the accuracy, applicability, reliability, fitness, suitability, or completeness of the content.  iTrust Capital, Inc. disclaims any and all liability to any party for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising directly or indirectly from any use of the content, which is provided as is, without warranties.

iTrustCapital, Inc. is a cryptocurrency IRA software platform. It is not an exchange, funding portal, custodian, trust company, licensed broker, dealer, broker-dealer, investment advisor, investment manager, or adviser in the United States or elsewhere. iTrust Capital, Inc. is not affiliated with and does not endorse any particular cryptocurrency, precious metal, or investment strategy. 

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