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generating fear

Employees who use generative AI are more likely to worry about losing their jobs to generative AI

Rani Molla
7/1/24 7:00AM

People who use generative AI are getting confident with it, according to findings from a new survey from BCG of more than 13,000 employees. They also think they’re playing with fire.

About half of those who use generative AI tools regularly at their jobs think those jobs will disappear in the next decade, compared with about a quarter of those who don’t use the tech.

“Employees who regularly use generative AI are more likely to worry about job security because they recognize AI's potential to automate tasks, often lack adequate training, and feel unprepared for the shift towards more strategic roles,” Matt Kropp, BCG managing director and senior partner, told Sherwood. “This heightened awareness and the ongoing organizational changes contribute to their increased anxiety about the future of their jobs.”

Regular genAI use has increased across all parts of organizations, but it’s still the highest among the management class. Currently 82% of leadership uses AI for work, compared with 43% of frontline employees.

Interestingly enough, leadership’s familiarity with genAI hasn’t cause them to worry much about their future employment.

“While our results did indicate that some leaders are also prone to believing their jobs could disappear over the next decade, they generally express more confidence in genAI and do not necessarily view it as a direct threat to their roles,” Kropp said. “This confidence is bolstered by better access to AI training and a clearer understanding of how AI can be integrated to drive organizational success”

People who use the technology are most likely to say it helps them save time and work more quickly. They also credit it with increasing the quality of their work and lessen administrative tasks. About half of employees said they saved at least five hours a week using the tech at work.

Fortunately for those fearful of their jobs, the pivot to AI will likely take longer than their bosses think.

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Report: Microsoft adds Anthropic alongside OpenAI in Office 365, citing better performance

In a move that could test its fraught $13 billion partnership, Microsoft is moving away from relying solely on OpenAI to power its AI features in Office 365, and will now also include Anthropic’s Claude Sonnet 4 model, according to a report from The Information.

The move is a tectonic shift that boosts Anthropic’s standing, heightens risks for OpenAI and has huge ramifications for the balance of power in the fast-moving AI field.

According to the report, Microsoft executives found Anthropic’s AI outperformed OpenAI’s on tasks involving spreadsheets and generating Powerpoint slide decks, both crucial parts of Microsoft’s Office 365 productivity suite.

Microsoft will have to pay the competition to provide the services —Amazon Web Services currently hosts Anthropic’s models while Microsoft’s Azure cloud service does not, according to The Information.

OpenAI is also reportedly working on its own productivity suite of apps.

The move is a tectonic shift that boosts Anthropic’s standing, heightens risks for OpenAI and has huge ramifications for the balance of power in the fast-moving AI field.

According to the report, Microsoft executives found Anthropic’s AI outperformed OpenAI’s on tasks involving spreadsheets and generating Powerpoint slide decks, both crucial parts of Microsoft’s Office 365 productivity suite.

Microsoft will have to pay the competition to provide the services —Amazon Web Services currently hosts Anthropic’s models while Microsoft’s Azure cloud service does not, according to The Information.

OpenAI is also reportedly working on its own productivity suite of apps.

tech

Apple announces extra-slim iPhone Air, iPhone Pro with longer battery life, updated AirPods Pro 3 with live language translation, and refreshed Apple Watch line

At today's "Awe dropping" Apple event, the company announced its yearly refresh of the iPhone lineup. The new iPhone 17, iPhone 17 Pro and iPhone 17 Pro Max were joined by a brand new iPhone — the iPhone Air — a super-thin model with tougher glass, and faster processors.

Apple shares dipped on news of the products releases and is down about 1.4% on the day in afternoon trading.

The company also announced an updated Apple Watch line — Series 11, SE3, and Ultra 3 —with new features like 5G, high blood pressure detection, 24 hour battery life and satellite communication. 

Apple iPhone 17
Apple’s iPhone 17 (Photo: Apple)

Here’s a breakdown of the new products Apple announced.

  • The ultra-thin iPhone Air that was described by Apple as “A paradox you have to hold to believe”. The sleek 5.6mm thin iPhone features a crack and scratch resistant front and back, “Macbook Pro-levels of compute,” which you can pair with a weird $59 “crossbody strap.” Starts at $999

  • The iPhone 17 has a faster A19 chip, an improved smart selfie camera, and a higher-resolution screen. Starts at $799

  • The iPhone 17 Pro has a new design, ever-faster A19 Pro chip, a tougher "ceramic shield" on the front and back, better cameras and and a bigger battery that gets an extra 10 hours of video playback compared to its predecessor. It costs $100 more than the previus generation, but the minimum storage has doubled to 256GB. Starts at $1,099.

  • iPhone 17 Pro Max Starts at $1,199

  • AirPods Pro 3 with AI-powered live translation, a new hear rate sensor, and 8 hours of battery life with improved active noise cancellation. The new AirPods can also track workouts, and Apple says they are built to fit more peoples’ ears with a new design and new foam ear tips. $249

  • Apple Watch Series 11 which has 5G, a new high blood pressure detection feature, improved sleep tracking, a more scratch-resistant face and 24 hours of battery life.

  • The entry level Apple Watch SE 3 gets 5G, new health tracking features and an always-on display. Starts at $249.

  • The chunky Apple Watch Ultra 3 has an impressive 42-hour battery life, satellite communications for emergencies, and a brighter and bigger display. Starts at $799.

tech

Nebius soars after signing a 5-year deal with Microsoft to supply nearly $20 billion worth of AI computing power

Artificial intelligence infrastructure group Nebius jumped more than 50% in early trading on Tuesday after the company announced after the close on Monday a major deal to supply computing power for Microsoft’s AI operations.

Under the agreement, Nebius — which rose from the ashes of Russian tech giant Yandex — will provide Microsoft “access to dedicated GPU infrastructure capacity in tranches at its new data center in Vineland, New Jersey over a five-year term.” The New Jersey data center has a capacity of 300 megawatts. The total contract value through 2031 is $17.4 billion, though, if further capacity is required, the contract value could rise to $19.4 billion.

The deal represents a sizable portion of Microsofts proposed annual capital expenditure on AI, which is expected to reach $120 billion by the end of fiscal 2026.

Nebius and competitor CoreWeave are both on the short list of startups that Nvidia has invested in. Nvidia’s small stake in the former is now worth about $120 million.

Under the agreement, Nebius — which rose from the ashes of Russian tech giant Yandex — will provide Microsoft “access to dedicated GPU infrastructure capacity in tranches at its new data center in Vineland, New Jersey over a five-year term.” The New Jersey data center has a capacity of 300 megawatts. The total contract value through 2031 is $17.4 billion, though, if further capacity is required, the contract value could rise to $19.4 billion.

The deal represents a sizable portion of Microsofts proposed annual capital expenditure on AI, which is expected to reach $120 billion by the end of fiscal 2026.

Nebius and competitor CoreWeave are both on the short list of startups that Nvidia has invested in. Nvidia’s small stake in the former is now worth about $120 million.

President Trump hosts tech executives and their guests to a dinner at the White House in the Oval Office.

Here are the Trump ties among the tech leaders who had dinner at the White House

Many of the attendees have donated to, vocally supported, or even worked for the president.

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