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Microsoft Saving More Than $500 Million Using AI While Slashing Jobs, Bloomberg News Reports

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Microsoft saved more than $500 million in its call centers alone last year by using artificial intelligence, Bloomberg News reported on Wednesday. The nascent effort was already generating tens of millions of dollars, the report said, citing a person familiar with his comments. Microsoft declined to comment when contacted by Reuters.

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7 Examples of Good Customer Service to Build Customer Loyalty

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As examples of good customer service, we chose brands most of you will know. Although the companies are large, the principles of great company service are universal. Surprise customers with a gift. The little, personal touches delight customers and increase feelings of brand loyalty. Provide self-service options.

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3 Daily Tasks AI Can Do That Will Transform Your Workday

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One of the main advantages of AI is its ability to streamline workflows by automatically handling mundane processes like data entry, reporting, or status updates. ChatGPT (OpenAI) Many companies use AI models like ChatGPT to automate customer support or internal communication.

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Amazon CEO Says AI Will Reduce Its Corporate Workforce

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The company is using GenAI across internal operations to enhance efficiency and customer experience, Jassy said. He added that Amazon is using AI to optimize inventory and forecasting in its fulfillment network, upgrade its customer service chatbot and improve product detail pages.

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Klarna CEO Stops Hiring, Says ‘AI Can Already Do All of the Jobs That We as Humans Do’

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While AI can streamline tasks such as data analysis, customer service and even creative work, its limitations remain. A 2023 report from McKinsey estimated that by 2030, automation could replace activities accounting for 30% of U.S. working hours, displacing millions of workers.

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AI Pioneer Yoshua Bengio Launches Startup to Detect AI Systems That Resist Human Control

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government to lead an international AI safety report to examine the malicious natures of AI systems. A recipient of the 2018 Turing Awardoften described as the Nobel Prize of computingBengio was more recently commissioned by the U.K.

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Customer Service Still Number One

Make or Break Moments

The monthly report from E-zine Articles just arrived in my email. Once again – the number one article for the month is one I wrote a few years ago entitled How Do You Define Customer Service. I wrote the article before the economy took a turn for the interesting, when companies were still staffed and [.].