“Recent reports suggest that consumers are starting to lose interest: The new AI-powered Bing search hasn’t made a dent in Google’s market share, ChatGPT is losing users for the first time, and the bots are still prone to basic errors that make them impossible to trust. In some cases, they may be even less accurate…
Tag: OpenAI
Sharing Our Field Notes: The State of Generative AI in Financial Services
This is the most comprehensive analysis of Generative AI in Financial services that I’ve read to date, and I uncovered the article compliments of Ron Shevlin re-sharing a post from Matt Harris at Bain Capital Ventures. I highly encourage you to read the full post at the link below, but here are a couple of…
How Did Microsoft Become the Clear Leader in AI?
“Nadella’s team hasn’t disclosed pricing on the forthcoming Copilots, but they definitely won’t be free. GitHub’s version starts at $10 per user per month, and Copilots for Microsoft’s office apps could be similarly priced, translating into as much as $48 billion in extra annual revenue within the next four years, according to Kirk Materne, an…
Microsoft’s Satya Nadella Doesn’t Think Now Is the Time to Stop on AI
“Now, Nadella is using those investments to reenergize Microsoft’s traditional Office suite of products like Word, Outlook, and Excel, which are now called Microsoft 365. In March, Microsoft launched ‘Copilot,’ an AI tool that it says will free people from the drudgery of work by helping to draft emails and white papers, transcribe and summarize…
Advertising Isn’t the Best Way for AI Chatbots To Make Money – But What is?
“AI chatbots won’t necessarily go ad-supported simply because many online businesses run on advertising. Ads may factor, but there are enough other natural sources of revenue that advertising may fade into the background as APIs, plugins, and subscriptions take hold.” https://observer.com/2023/04/advertising-isnt-the-best-way-for-ai-chatbots-to-make-money-but-what-is/