Microsoft is struggling to maintain morale among its employees as the company faces constant rounds of layoffs. The company’s shift towards investing heavily in artificial intelligence (AI) has raised concerns about job security, with many fearing they might be replaced by machines. CEO Satya Nadella has admitted that he’s haunted by the story of Digital Equipment Corporation (DEC), a computer company made obsolete by IBM.
Microsoft is racing to keep up with rival tech giants in the AI space, making multibillion-dollar investments in the technology. The company has also partnered with OpenAI, but their relationship is strained due to differing needs for compute capacity. Nadella’s warning that some categories of products may become obsolete has sparked concerns about Microsoft’s future.
The pressure on Microsoft to remain relevant is growing, with billionaire Elon Musk’s latest AI project, “Macrohard,” aimed at simulating software companies like Microsoft. The company’s commitment to AI has raised questions about its ability to adapt and stay ahead in the rapidly changing tech landscape.
Source: https://futurism.com/microsoft-ceo-concerned-ai-destroy-company