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Stock impact report

Houston's top workplaces embrace AI to boost efficiency, not cut jobs [Yahoo! Finance]

Camden Property Trust (CPT) 
Last camden property trust earnings: 1/30 04:20 pm Check Earnings Report
US:NYSE Investor Relations: investors.camdenliving.com
Company Research Source: Yahoo! Finance
Nearly every leader at the highest-ranked workplaces in the Houston Chronicle's annual survey said they are in the process of adopting artificial intelligence into their workflows, drawn by the promise of increased efficiency and pushed by a fear of being left behind. "It's like any other innovation: you have to embrace it," said Ric Campo, CEO of Camden Property Trust, this year's No. 3 large workplace. Not doing so could risk following in the doomed footsteps of companies like Kodak or Blockbuster, he said. "If we hold on to old school thoughts and we don't adapt with the new environment, then we're probably toast." Houston's top workplaces mirror statewide statistics: about 78% of Texas businesses currently use AI or are planning to introduce AI in the next 12 months, according to a May survey conducted by the Dallas Federal Reserve . But AI isn't transforming most of Houston's top workplaces just yet: the business leaders the Chronicle spoke to said they are not planning to r Show less Read more
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