What is the next step in the development of artificial intelligence?
The 2nd Annual Consumer Tech Trust Survey: The Case of The Circus and The Verge, and the Growth of Generative Artificial Intelligence
To understand the rapid rise and adoption of artificial intelligence, in late June of 2023, The Verge and Vox Media collaborated to conduct a study of how adult Americans use and think about artificial intelligence. The findings were published on The Verge and in the press room of Vox Media. The major consumer tech trust surveys were conducted in 2017: 2020, and 2021.
Methodology In December 2023, the Vox Media Insights and Research team surveyed more than 2,000 consumers with our partner, The Circus. The Circus is an insight and data telling firm that specializes in original trend research, thought leadership, and strategic brand positioning.
Thanks to the following individuals who helped make this survey come to life: Andrew Melnizek, VP and GM, The vega, and Edwin Wong, SVP, Insights and Research, Vox MediaSebastian Fernandez, founder, The Circus Diana Young, designer, D-Jacob Kastrenakes
Pichai had MILESTONES to boast about. He told analysts in a separate call that more than one million developers use the generative artificial intelligence tools in the cloud and that 60 percent of the generative Artificial Intelligence Startups are backed by investors. Generative artificial intelligence is increasing ad campaigns of advertising clients.
Sales and profit were reported on Thursday by both companies. The stock prices of both companies soared on the results, which was due in part to the new plans of Alphabet to issue its first-ever dividend.
Microsoft Earns More Than One Million Customers in Generative Artificial Intelligence. What Do We Expect to Learn from a First-Principles Study?
During a call with financial analysts, Microsoft CEO Satya Nadella claimed that the company has more than one million customers for its generative artificial intelligence tool. A quarter ago, that number was over 1.3 million.
Sixty-five percent of Fortune 500 companies are using a virtual assistant called Copilot from Microsoft Office, which uses artificial intelligence to help workers more easily write emails and documents, while 65 percent are using a cloud service that gives them access to an artificial intelligence platform called openai. Any person who is doing an artificial intelligence project will turn to microsoft as a port of call. The $13 billion invested by Microsoft in Openai has helped win clients.
The buzz of interest in AI services helped drive revenue for Microsoft’s biggest unit–cloud services–up by seven percentage points compared to a year ago, and Microsoft’s overall sales rose 17 percent to nearly $62 billion. It also gained market share in the cloud market. The amount of cloud deals Microsoft secured increased by 80 percent from the previous year and the number of deals doubled.
But Pichai didn’t say how many signups Google had drawn to Gemini Advanced, a $20 per month subscription plan announced in February that provides access to the company’s most advanced AI chatbot.
On the company’s core business of search, revenue figures from experiments weren’t shared with the public. If people only do more refined searches, they’ll spend less time on searches, meaning less opportunities to show search ads. The types of ads Google does show also could have to shift.
On either front, she was not concerned. “We are very, very confident we can manage the cost of how to serve these queries,” he said. “I am comfortable and confident that we’ll be able to manage the monetization transition here as well. It will play out over time.”
Source: Google Thinks It Can Cash In on Generative AI. Microsoft Already Has
Microsoft is far from delivering the same payoff as Microsoft did in the e-pion-pairs for the first quarter of 2015
It spent the same amount as Microsoft did last quarter, around $12 billion. But the results and comments on Thursday suggest that Microsoft is further along in delivering a payoff.