AI Will Reshape Every Business, Says Microsoft CEO Satya Nadella

Microsoft CEO Satya Nadella, in his annual letter to the company”s shareholders, said that the next generation of AI will reshape every software category and every business. Satya Nadella”s shareholder letter was published on Thursday, October 19, as Microsoft released its annual financial report for its 2023 fiscal year.

The Microsoft CEO mainly focused on artificial intelligence in his shareholder letter. Satya Nadella said that we have entered a new age of AI that will fundamentally transform productivity for every individual, organization, and industry on earth. He also added that this generation of AI helps everyone interact with data in powerful new ways, from completing or summarizing text to detecting anomalies and recognizing images. According to Satya Nadella, natural language and powerful new reasoning engines are two breakthroughs coming together to define the new era of AI. These two breakthroughs will also unlock massive new opportunities.

Satya Nadella also highlighted the all-new Microsoft 365 Copilot feature and said that it combines next-generation AI with business data in the Microsoft Graph and Microsoft 365 applications to help people be more productive and unlock their creativity at work. “We are reshaping daily search and web habits with our new Bing and Microsoft Edge browser,” added the CEO. At the same time, Satya Nadella also mentioned that AI will displace some jobs, but it will also create new ones. Alongside, during the Microsoft Envision event in the UK, Satya Nadella said that all sectors, including financial services, retail, and healthcare, are being reshaped with artificial intelligence. Satya Nadella underlined some of the ways he uses AI personally and also mentioned how Microsoft 365 Copilot has helped him form good work habits.