CEO’S CORNER

A.I BOOM IN THE BAY AREA

They escaped from San Francisco. They were dragged back by the AI boom.

Tech entrepreneurs who fled the Bay Area during the pandemic contend that they cannot afford to miss out on the funding, hackathons, and networking opportunities of the frenzy surrounding artificial intelligence. The lives of Doug Fulop and Jessie Fischer in Bend, Oregon, were perfect. The couple relocated there last year, working from a 2,400 square foot house surrounded by forests and close to breweries, ski resorts, and mountain biking trails. It was a step up from their previous apartments in San make use of artificial intelligence technologies. After too many eight-hour journeys to San Francisco for hackathons, networking functions, and meetings, they gave up on trying to make it work in Bend and will be moving back when their lease expires in August.

Presented By Kennedy Lucas Publishings LC

The 34-year-old Mr. Fulop claimed that the "AI boom has restored the energy to the Bay that was lost during Covid." The couple is among an expanding number of boomerang businesspeople who sense opportunity in San Francisco's impending decline. With layoffs and a surplus of vacant offices, the tech sector has been experiencing its worst decline in ten years for more than a year. Additionally, a surge of migration to regions with cheaper taxation was sparked by the pandemic.

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Nulla nunc lectus porttitor vitae pulvinar magna. Sed et lacus quis enim mattis nonummy sodales.