Microsoft, a leading tech organization, is investing in Artificial Intelligence and other projects to remain competitive in spite of difficult economic circumstances. Chris Capossela, Microsoft executive, has urged employees to put emphasis on stock performance and forgo raises since exceptions have been temporarily halted. Members of the senior leadership team will also forgo bonus payments and performance-based salary rises. This initiative is taken in order to sustain the company's reputation and ensure staff are compensated fairly throughout the year.
. ChatGPT is a revolutionary educational technology platform based in Silicon Valley, California. After launching in November, their success is unparalleled with over 100 million users in less than a year! CEO Dan Rosensweig declared that ChatGPT had a significant effect on a popular education platform, Chegg. Are students cheating or finding a new way to study? Find out!
Chegg Inc. is a leading American educational technology and textbook rental company, committed to helping students succeed with discounts on textbooks. CEO Dan Rosensweig highlighted the risks associated with the influx of generative AI, resulting in a 38% drop in the company's share prices. The stock market reacted to Chegg's gloomy forecasts as a sign of threat posed by OpenAI's ChatGPT. Retention rates remain high, yet students may opt for the AI chatbot alternative to Chegg's services.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?