Hello and welcome to Eye on AI.
As everyone likes to point out, it is still early days for the generative AI revolution. But a few clear winners have emerged: Among the biggest is Microsoft, which, thanks to its partnership with OpenAI, has catapulted itself to the forefront of the AI boom. It also helps that most generative AI use cases complement Microsoft’s largely subscription-based business models rather than challenging them, as they do for Google’s ad-driven businesses. Microsoft’s stock price reflects this. Last week, the company edged past Apple to become the world’s most valuable public corporation, worth $2.875 trillion.
Microsoft CEO Satya Nadella will no doubt be the toast and envy of many of the CEOs and global bigwigs gathered in Davos, Switzerland, this week for the World Economic Forum, where “Artificial Intelligence as Driving Force for the Economy and Society” is one of the conference themes. En route to Davos, Nadella stopped off in the U.K. and I caught his fireside chat at London’s Chatham House yesterday. Somewhat unusually for Chatham House, the session was on the record, so I can fill you in.
Nadella is slick and polished. Much of what he said struck me as correct—but, perhaps unsurprising for a public company CEO, also only half the story. And, of course, the half Nadella presented was the bit most favorable to Microsoft. For example, he said that journalists should welcome AI tools that will help them write, never mentioning the profession’s concerns about both copyright infringement—for w ..
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