May 20, 2024

Tuesday's Daily Pulse

What you need to know about Florida today

| 5/14/2024

Florida policymakers face tough choices over use of artificial intelligence

A report on artificial intelligence provides guidance on how Florida policymakers can best deal with this emerging technology. The James Madison Institute released Bringing Government Into the 21st Century: Artificial Intelligence and State Government Operations this month and the report says that it is often thought that AI is a new technology, when it has been around for some time in many ways. The report outlines several ways lawmakers can use this technology to streamline and modernize state government operations and help deliver better services. It also noted some of the potential challenges that could be faced. [Source: The Center Square]

Florida Trend Exclusive
Transportation: Railroad revolution

Jacksonville is known as a logistics hub, which includes railroads like CSX and Florida East Coast Railway, both headquartered there. Yet other railroads, like Norfolk Southern, also have a large presence in Northeast Florida. Despite accidents that dominate headlines, such as the Norfolk Southern freight train derailment in East Palestine, Ohio, last February, statistics show a trend toward safer railroads since 2000. [Source: Florida Trend]

Florida is best state to invest in short-term rentals

It's been about 17 years since Airbnb launched and, while the then-startup didn't invent short-term rentals, it seems fair to say it forever altered the marketplace for them. A report says Florida is the best state to invest in short-term rentals. It goes even further, identifying the top markets in the nation, and four of the top five are Sunshine State cities — including Orlando, which is ranked the No. 2 city to invest in short-term rentals. [Source: Orlando Business Journal]

Federal court in Jacksonville postpones trial over Florida's Medicaid eligibility review

The trial over Florida’s handling of the Medicaid eligibility review process, which has led to 1.8 million people getting booted from the subsidized healthcare program for low-income people, has been postponed indefinitely. Following the end of continued Medicaid coverage under the COVID-19 public health emergency, Florida had to review the eligibility of more than five million people. As of May 10, approximately 1.8 million Floridians have lost access to Medicaid, according to KFF Health’s Medicaid unwinding tracker. [Source: Florida Phoenix]

Whatever your interest - Marvel, mahjong, music - there's a cruise for that

Into country music? There’s a cruise for that. A Marvel fan? There’s a cruise for that. Play the ancient Chinese game mahjong? You guessed it. There’s a cruise for that. These days there are cruises for just about any hobby or interest you can think of. Whether you’re hoping to go on a cruise centered around crime stories or a cruise where you don’t have to pack much attire (a, ahem, a nudist cruise), you can find a boat that peaks your interest. [Source: Florida Today]

ALSO AROUND FLORIDA:

› Miami startup Hirize is revolutionizing job recruitment through AI
What role is artificial intelligence playing in helping you land your next job? Like it or not, probably a bigger role than you think. The problem is that so much of the available technology out there is simply not fit for purpose. Take parsing for example: the process of breaking text down into pieces a computer can understand.

› Manufacturing indicators show April was mixed bag for Northeast Florida economy
Economic indicators show a mixed bag of trends for the Northeast Florida business manufacturing sector in April, according to the latest Economic Monitoring Survey conducted by the University of North Florida (UNF). On the upbeat side of the economic picture in the Jacksonville area, manufacturing business output remained above the essential 50-point mark in April, a general positive indicator of productivity.

› Jacksonville International Airport's big expansion: what to know
Jacksonville International Airport is heading into the thick of $440 million of construction that will build a new concourse and parking garage as the airport feels the growing pains from record-setting numbers of fliers. The biggest change will be the addition of a third concourse that will add gates for planes and enable Jacksonville to have more flight choices.

› Sarasota industrial space vacancy rates reach 8-year high
The Sarasota and Fort Myers industrial space markets, long a rising star in commercial real estate, have begun to slide backward, according to a new report looking at 2024 first quarter data. The report, from Chris DiBitetto, managing broker of The Eres Cos.’ Sarasota office, highlights what he calls “the notable gap between supply and demand in Sarasota's industrial real estate market.”

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