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Microsoft CDR (CAD Hedged)
Symbol MSFT
Shares Issued 11,900,000
Close 2023-12-21 C$ 27.71
Market Cap C$ 329,749,000
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Post says Microsoft enjoys strong uptick in ChatGPT use

2023-12-21 08:43 ET - In the News

The Financial Post reports in its Thursday edition that fears artificial intelligence will eliminate wide swaths of jobs, especially white-collar ones, could be contributing to some people's hesitancy to embrace it. The Post's Victoria Wells writes that AI could disrupt more than 300 million jobs across the United States and Europe, some research indicates. However, that does not necessarily mean AI will put everyone out of work. Experts believe positions will likely be reimagined as the tools help workers. Mike Shekhtman, a regional director at headhunting company Robert Half, says, "It's not a replacing of a job, it's more an enhancement of a job." Marc Low, a director at KPMG's Ignition innovation lab, says, "AI also creates the potential for a tidal wave of new job creation, the likes of which we don't yet understand." Almost a quarter of Canadians now use generative AI such as Microsoft-backed ChatGPT on the job, with more than 60 per cent using it over once a week, and one in five using it every day, according to a recent report by KPMG International. That represents a notable increase from just six months ago, when 20 per cent reported AI use at work, 52 per cent accessed it weekly and 18 per cent daily.

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