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At a recent conference, Microsoft chief executive Rajesh Jha offered a rather unusual view of the future of artificial intelligence. He suggested that as companies deploy AI assistants at scale, these agents could require distinct identities such as login credentials, inboxes, and even software licenses.

Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…