Data analysis is being impacted by Microsoft’s significant investment in chatbots with artificial intelligence. Microsoft is releasing a chatbot called Copilot that will help users make sense of data kept in corporate databases following its reported $13 billion investment in OpenAI and its early efforts to integrate the AI technology into its Bing search engine and other products like email, Word, and Excel.
In addition to the chatbot, Microsoft is introducing a new brand called Fabric that will group seven data products under a single banner. In a move reminiscent of the launch of the Office productivity package in 1990, Microsoft is promoting cost-saving options at a time when customers are limiting their budgets.
Artificial Intelligence (AI) has emerged as a transformative force that holds immense potential to shape the future of our society. As advancements in AI continue to accelerate, its benefits for future generations become increasingly evident. From revolutionizing industries to addressing global challenges, AI presents numerous opportunities that can positively impact the lives of individuals and pave the way for a brighter future.
According to Microsoft, copilots are programs use “modern AI and large language models (LLMs)” to assist users. This includes items like the many copilots Microsoft introduced for programs in its Office suite as well as GitHub Copilot, which can help engineers with coding.
On the other hand, plugins are tools that provide LLMs access to more application programming interfaces (APIs), giving them the ability to perform more. Plugins, for instance, might connect LLMs to business data and real-time information.
Many of Microsoft’s Build announcements depend on your ability to comprehend these two concepts. First, Microsoft declared that it would adopt the same open plugin standard for ChatGPT that OpenAI does. That implies that the various copilots from Microsoft will now be compatible with the same plugins that increase ChatGPT’s functionality.
In contrast, plugins are technologies that provide LLMs access to additional application programming interfaces (APIs), enhancing their functionality. Plugins, for instance, could link LLMs to commercial data and current information.
Microsoft’s Build announcements rely heavily on your understanding of these two ideas. First, Microsoft said that it would use the same OpenAI-compatible open plugin standard for ChatGPT. That suggests that the various Microsoft copilots will now work with the same plugins that make ChatGPT more functional.
Microsoft investing in AI after global warning to reduce AI
In an open letter, more than 1,000 innovators and researchers in the field of technology—among them Elon Musk—have encouraged artificial intelligence labs to put a hold on the creation of the most cutting-edge systems and warn that such tools pose “profound risks to society and humanity.” Researchers working on artificial intelligence are “locked in an out-of-control race to develop and deploy ever more powerful digital minds that no one — not even their creators — can understand, predict, or reliably control,” according to a letter from the nonprofit Future of Life Institute.
Steve Wozniak, a co-founder of Apple, Andrew Yang, a businessman who is running for president in 2020, and Rachel Bronson, the head of the Bulletin of the Atomic Scientists, which maintains the Doomsday Clock, are among those who also signed the letter.
The drive to create more potent chatbots has sparked a competition that may select the future digital industry leaders. However, these tools have come under fire for providing inaccurate information and their propensity to spread falsehoods.
Brave new world: The Age of Terminators or Prosperity for humanity?
We all have seen the movie Terminator with Arnold Schwarzenegger or I,Robot with Will Smith, and we can’t not to think about the possibility of AI going rogue. But is this just Hollywood cashing in of our fears or is there smoke and future fire in making?
What we can see so far is, more unemployed people doe to AI introduction to corporate world, Walmart, McDonalds, Microsoft, Amazon and other major companies have played off many employees due to AI introduction into their daily business. ChatGPT is surely contributing to less money for writers and columnists and Banks will soon let many employees go because AI and digital software is doing banking instead of real people. One does not need to be next Nostradamus to foresee what will happen in the near future! You guest it correctly, more layoffs. AI and automatization will take over more jobs. Bankers, managers, stockbrokers, cashiers, writers, factory workers and even teachers are at risk from loosing their jobs in the near future.
The question rises, what will happen to all those unemployed people? Will World Governments have to introduce some sort of minimum social payments due to growing threat of mass unemployment? Are we becoming more and more obsolete, less needed and therefor useless? Let’s hope this scenario never comes to be reality.
On the other hand, AI and automatization can be used for human wellfare, a new global prosperity where AI and automatization will work instead of humans, but lets be honest, taking into account the history of humanity, when did rulers bring in welfare for humanity? If we take history into account, AI and automatization will be more likely weaponized for more power, profit and conquering rather than spreading the wealth and benefits to everyone.
Industry 1.0: Steam Engine did not bring more jobs, it did not bring higher paid jobs, it gave humanity better work capabilities and riches for industrial establishment but not welfare for humanity.
Industry 2.0: Electricity did bring new capabilities and easier living but it did not bring more employment, better pay and welfare for humanity
Industry 3.0: Automated machines, CNC’s and robotics have revolutionized industrial manufacturing, wealth for the establishment, easier working, faster manufacturing but it did not bring in more employment, better wages and no welfare for humanity.
Industry 4.0: AI – Robots building and repairing robots! What will it bring for regular workers and consumers? We can only guess.