Microsoft rejected allegations that it’s using consumers’ Word and Excel data to refine its AI models, asserting specifically that the Connected Experiences feature in Microsoft 365 apps is designed to enhance functions like co-editing and spell-checking, not to train AI. The news led to discussions about entrusting large tech companies with private data for the purpose of accessing AI automation.
An op-ed by Mike Elgan suggests that remote-work may face a complicated future in 2025, due to policy shifts by leadership figures like Elon Musk, who has expressed intentions to alter remote practices for government workers. This could potentially lead to workforce resignations and an impact on productivity, employment, and wages.
MasterCard plans to revolutionize the checkout process utilizing artificial intelligence, promising benefits such as enhanced approval rates by leveraging real-time data and optimized transaction routing, leading to a quicker and more efficient checkout system.
Professional service robot sales observed a global increase of 30% in 2023, primarily due to labor shortages. The largest adoption rate was noted in healthcare following logistics, with the highest number of units sold in the Asia-Pacific region.
Lastly, Accounts Payable departments are leveraging AI technology to transform outdated procedures, improve efficiency, reduce errors and ultimately drive business growth. Firms processing more than 50 AP invoices weekly are recommended to consider AP automation platforms like Bill Ramp and AvidExchange.
