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Microsoft Corporation (MSFT) CEO Envisions ‘World Changing’ Artificial Intelligence

Microsoft stock

Microsoft Corporation wants to use AI to change the world. The firm’s CEO Satya Nadella said that the tech giant is working to put AI into every app, everywhere. This is as per a report in Business Insider.

Microsoft Corporation’s AI Push is not Child’s Play

Why is the firm betting on AI? Nadella said his firm is “not pursuing AI to beat humans at games”. It is “going after AI so that we can empower every person and every institution that people build, with AI’s tools. It is doing this so that people can go on to solve the most pressing problems of our society”. The firm is also using artificial intelligence to make your daily life easy. The firm has been using this technology in more ways behind the scenes. This includes helping power up the all-important “red squiggles” of spellcheck with new features, as per the report.

Microsoft Corporation (MSFT) Cortana

How will AI change Microsoft? As per Nadella, his firm wants to create an intelligent assistant that “can take text and speech input. It will know you deeply. It knows your context, your family, your work. In short, it knows about the world”. He said that their aim is to make this intelligent assistant available on every platform and in every application. The Cortana Intelligence suite also includes a bot framework. Currently, the firm is working with the NFL to create a fantasy football bot. Shares of Microsoft Corporation  have gained more than 8% during the past six months.

Facebook, Google and Microsoft Team Up to Calm Fears About AI, Along with Amazon and IBM

The ‘Partnership on AI’ wants to educate the public on the technology’s benefits. Mustafa Suleyman is the co-founder of DeepMind. He said, “The reason we all work on AI is as we fully believe its ability to change our world”. He was talking yesterday in a conference call with members of the media. “The positive impact of AI will depend on the quality of our algorithms. It will also depend on the amount of public discussion. There is a need to ensure AI is understood by and benefits as many people as possible”.

There is a list of tenets posted to the Partnership on AI’s new website. In there, the group has outlined eight main principles to help guide its discussions. “We are committed to open research and dialogue on the ethical, social, economic, and legal implications of AI”. This was the second tenet. The partnership cannot and won’t try to police AI research.

The speakers were pressed on whether the partnership seeks to self-govern the field. Eric Horvitz is Microsoft Corporation  Research chief. He and a few more were quick to point out that the group is in no way a governing body. It is also incapable of policing how the world decides to develop AI systems. This is even as much of the research is open source and available for anyone to use. Instead, the group hopes to set an example it hopes the industry will follow. “We’re really not here to serve those kinds of functions,” Suleyman said. “We’re here to learn from one another about things that are working well and not working well. We are also here to be open about the areas of work we’re struggling on.”

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Adam Green is an experienced writer and fintech enthusiast. He he worked with LearnBonds.com since 2019 and covers a range of areas including: personal finance, savings, bonds and taxes.

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