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Theme Park Attendance Hits a Dip
Earlier this week, Disney reported profit from its Experiences unit — which is mostly its theme parks — fell 3% this past quarter and the company warned things probably aren’t going to get much better in the near future. Disney’s chief financial officer CFO said: “Lower-income consumers are a little stressed and shaving a little bit off their time at the parks.” Meanwhile Comcast reported a 10% dip in revenue from its Universal parks. Megan Heneghan is a Disney superfan. She visits Disneyland in Southern California about three times a week with her season pass and has a podcast and Instagram account about it. She has a pretty simple test for how crowded the park is: open up the Disneyland app and see how long the wait is for the popular Indiana Jones ride. Heneghan said even her superfan spending is being pinched. “I’ll tell myself, let’s have lunch at home and then go to the park so we don’t have to spend money on Disney lunch,” she said. A Saturday Disneyland ticket will cost you almost $200, and that obviously doesn’t count airfare or hotel or that Disney lunch. “The first thing to go when you’re being hit with any kind of financial issue is going to be your travel, your leisure, your entertainment spending,” said Carissa Baker, an assistant professor of theme park management at the University of Central Florida. But Baker said it’s not just inflation causing a theme park slowdown. Some of it is just attendance returning to normal after a post-pandemic surge. Bad summer weather also hurt.
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Teaching: When AI Is Everywhere, What Should Instructors do Next?
Last week I attended “Teaching and Learning With AI,” organized by the University of Central Florida and held in Orlando, Fla. I was curious to hear how academics are talking and thinking about those tools, especially given the threat many professors feel that generative AI poses to teaching and learning. Would they be enthusiastic? Skeptical? Realistic? Short answer: all of the above. This is the second year UCF has held the conference, and it has grown significantly. More than 800 people from nearly all 50 states showed up for more than 200 presentations. I was struck by the pragmatic tone many faculty members took. AI is here to stay, they said. Employers expect new hires to have an understanding of the technology. Students are both intimidated by and curious about AI. As a result, attendees said they believed they had a professional responsibility to learn how the technology works and, where appropriate, use it in their teaching. In the coming weeks I’ll explore in detail what your colleagues at other institutions are doing with AI, and share resources to help you figure out what your approach to the technology will be. In the opening session, Kevin Yee, director of UCF’s Faculty Center for Teaching and Learning, called this a Promethean moment. The future is going to be some sort of combination of human intelligence plus AI. Academe has a responsibility to understand the tools, explore the ethical dimensions of their use, grasp how to apply AI, and help students and society navigate a way forward.
The Chronicle of Higher Education