Microsoft Copilot Launches, Anthropic AI Job Loss Warning

Microsoft is rolling out a new AI-powered Copilot Mode for its Edge browser, designed to enhance browsing by allowing users to chat with AI about their open tabs, summarize content, and compare information. This feature, currently free for a limited time on Windows and Mac, aims to integrate chat, search, and web navigation into a single interface, with plans to add access to browser history and credentials. Meanwhile, in the security sector, ScanTech AI (STAI) has secured a $1 million deal with Visiontec Systems to supply SENTINEL Fixed Gantry CT inspection systems for a nuclear power facility, expanding its presence in the energy sector. Cloudastructure also completed a security deployment at a luxury complex ahead of schedule, utilizing AI-powered surveillance. In other news, AI development is shifting towards smarter designs and reasoning-based AI, rather than relying solely on more data. However, AI's growing capabilities are raising concerns about job displacement, with Microsoft Research identifying roles like interpreters, historians, and journalists as being at risk. Executives, including those at Anthropic, foresee potential white-collar job losses due to AI. In response, cybersecurity leaders are prioritizing AI skill development over new hiring. On the legislative front, a Senate bill has been reintroduced to promote transparency in AI training by allowing copyright holders to check if their work was used in AI models. Lastly, a Cognizant study indicates AI is poised to transform retail shopping, potentially driving over half of U.S. spending by 2030, while experts are increasingly focusing on AI stocks as AI becomes essential to stock market growth. In contrast, TCS is freezing hiring and pay raises amid job cuts, citing market uncertainties.

Key Takeaways

• Microsoft Edge is launching Copilot Mode, an AI feature that lets users chat with AI about their open tabs for easier browsing.
• ScanTech AI secured a $1 million deal to provide security systems for a nuclear power plant.
• Cloudastructure completed a security installation at a luxury complex early, using AI-powered cameras.
• AI progress is increasingly focused on smarter algorithms rather than just more data.
• Microsoft Research identified interpreters, historians, and journalists as jobs at high risk of AI displacement.
• AI firm Anthropic predicts AI could replace nearly half of entry-level white-collar jobs.
• Cybersecurity leaders are prioritizing AI skill development over hiring new staff.
• A Senate bill aims to increase transparency in AI training by allowing copyright holders to check if their work was used.
• A Cognizant study suggests AI could drive over half of U.S. retail spending by 2030.
• TCS is freezing hiring and pay raises after announcing workforce reductions.

Microsoft Edge's new Copilot Mode talks to AI about your tabs

Microsoft is adding a new Copilot Mode to its Edge browser. This feature lets users chat with AI about their open tabs. Copilot can answer questions and compare information across tabs. Voice recognition is coming soon, allowing users to speak to Copilot. Microsoft says the feature is free for a limited time and protects user data.

Microsoft Edge gets AI Copilot Mode for easier browsing

Microsoft has launched an experimental AI-powered Copilot Mode for its Edge browser. This feature combines chat, search, and web navigation in one input box. Copilot Mode can access open tabs with user permission to help with tasks. Microsoft plans to add access to browser history and credentials for tasks like booking reservations. Copilot Mode is currently free for a limited time on Windows and Mac.

Microsoft Edge adds Copilot Mode with AI for real-time help

Microsoft is testing a new AI feature called Copilot Mode in its Edge browser. This feature lets Edge scan and analyze content across all open tabs. Users can ask questions and get summaries without leaving their current tab. Future updates may allow Copilot to access browser history and login info. Microsoft hopes this AI integration will make Edge more competitive against other browsers.

ScanTech AI wins $1M security deal for nuclear power plant

ScanTech AI (STAI) has secured a deal with Visiontec Systems for over $1 million. Visiontec will buy multiple SENTINEL Fixed Gantry CT inspection systems. These systems will be used at a major nuclear power facility in North America. This deal expands ScanTech AI's presence in the energy and infrastructure sectors. The company believes this will help them reach their 2025 growth goals.

Cloudastructure completes security install at luxury complex ahead of schedule

Cloudastructure completed a major security deployment at a luxury complex a month early. The project included installing over 100 security cameras with AI-powered surveillance. Cloudastructure achieved 100% customer satisfaction and record installations in July. The company doubled its implementation team to meet growing demand. Cloudastructure's AI platform offers cost-effective security upgrades for property owners.

AI progress relies less on data and more on smarts

AI performance is improving through new techniques instead of just using more data and computing power. OpenAI's o-series models use 'chain of thought' reasoning to think through answers. This method helps AI perform better on tasks. Experts say AI development is shifting towards smarter designs and reasoning-based AI. The focus is on making AI more intelligent, not just bigger.

TCS freezes hiring and pay raises amid job cuts

Tata Consultancy Services (TCS) is stopping senior staff recruitment and annual salary increases. This decision comes after TCS announced it would reduce its workforce by 2%, laying off about 12,000 employees. The company cites market and economic uncertainties as reasons for these changes. TCS is also removing inactive employees who cannot find projects within 35 days. Employee unions are protesting the layoffs.

AI transforms retail shopping from the ground up

AI is changing how people shop, according to a new study by Cognizant. The study found that many consumers are frustrated with the current shopping process. AI can save time by helping shoppers avoid search overload. By 2030, AI-powered consumers could drive over half of U.S. spending. Retailers will need to convince AI agents to reach customers.

Experts bet big on AI stocks as market shifts

Experts are increasingly focused on AI stocks because AI is becoming essential to stock market growth. Companies are using AI to improve efficiency and decision-making. AI stocks are growing faster than many others, especially in healthcare and transportation. Stock market analysis helps investors identify AI opportunities early. Experts believe AI will reshape the economy and offer high returns.

Microsoft reveals jobs at risk from AI

Microsoft Research has identified jobs most likely to be affected by AI. The study looked at the U.S. job market and determined how AI could impact different roles. AI may replace tasks and entire professions, leading to job losses. The top jobs at risk include interpreters, historians, and journalists. Jobs involving physical labor are less likely to be affected.

Cybersecurity leaders focus on AI skills, not hiring

Cybersecurity leaders are more focused on learning AI skills than hiring new workers. They are worried about securing AI tools and using AI to improve their teams. Executives are unsure if they need to hire more people as AI gets better. The RSA Conference data shows executives are attending skill-building sessions. By 2027, ignoring team development could lead to staff leaving.

AI could displace many white-collar workers, executives warn

Executives at companies like Ford and J.P. Morgan Chase believe AI will cause white-collar job losses. AI firm Anthropic says AI could replace nearly half of entry-level white-collar jobs. Harvard Business School professor studies AI's impact on the workplace. AI is evolving quickly and may disrupt the labor market. Computer science graduates are having more trouble finding jobs, suggesting AI is taking over some tasks.

Senate bill aims for AI training transparency

Senator Peter Welch and colleagues reintroduced a bill to make AI training more transparent. The bill would allow copyright holders to see if their work was used to train AI models. It would create a legislative subpoena for creators to access training records. Supporters say this addresses the 'black box' problem in AI development. The bill has support from industry organizations representing writers and musicians.

Sources

• Edge browser's new Copilot Mode lets you talk to AI about your tabs if you opt in — but it's only free for 'a limited time'
• Microsoft Adds AI-Powered Copilot Mode to Edge Browser
• Microsoft adds 'Copilot mode' to Edge browser in big AI push
• ScanTech AI Lands Critical Security Deal: $1M System Order for Major Nuclear Power Facility
• Cloudastructure Achieves 100% Customer Satisfaction While Breaking Installation Records at Massive Luxury Complex
• AI Progress Shifts Beyond Raw Data and Computing Power
• TCS layoffs: Amidst mass sackings, Tata Consultancy Services stops salary hikes & senior level hiring; ‘huge cost cutting in…’
• How artificial intelligence is already reshaping retail from the ground up
• AI Stock, Stock Market Analysis: Why Experts Are Betting Big Before the Market Shifts Again
• Microsoft reveals 40 jobs about to be destroyed by AI (and those safe from it) — is your career on the list?
• Cybersecurity leaders are upskilling for AI, focusing less on hiring, new data shows
• Business executives sound alarm over looming workforce displacement due to AI
• Senate Bill Tries Again to Make AI Training Transparent