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Bloomberg Tech

Microsoft, Labor Unions and OpenAI

Bloomberg Tech

Bloomberg

Tech News, Business News, News

4.469 Ratings

🗓️ 11 December 2023

⏱️ 43 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down Microsoft's 'historic' alliance on artificial intelligence with labor unions. Plus, global regulators examine Microsoft's $13 billion investment in OpenAI, and the EU strikes a deal to regulate ChatGPT and AI.

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

0:24.0

That's Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

From the heart of where innovation, money and power collide in Silicon Valley and beyond.

0:37.0

This is Bloomberg Technology with Caroline Hyde and Ed Ludlow. Ednaudler. I'm Caroline Hyde at Bloomberg's world headquarters in New York.

0:58.0

And I'm Ed Ludlow in San Francisco.

1:00.0

This is Bloomberg Technology.

1:02.0

Coming up, Microsoft and labor unions,

1:03.9

they form a historic alliance on artificial intelligence.

1:07.6

While the software giant's president

1:08.9

says there's no guarantee that AI won't displace jobs. We'll break down the announcement.

1:14.0

And as global regulators examine Microsoft's $13 billion investment in open AI, the company has a simple

1:20.7

response. It doesn't own a stake. We'll discuss the antitrust concerns.

1:25.6

Last the EU reaches a preliminary deal in what's seen as a key part of the world's first

1:30.1

comprehensive, you guessed it, artificial intelligence regulation.

1:34.0

We'll discuss that and so much more throughout the hour.

1:36.9

The big piece of news is Microsoft, actually there are two pieces of news,

1:40.6

on news, on the one hand, this kind of relationship with AFL CIO a broad agreement with

1:46.4

unions to cooperate on artificial intelligence the other more specific piece of

1:51.3

views is a case study involving a few hundred staff at a very specific video games unit where AI has been brought into the collective bargaining agreement.

...

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