ChatGPT and Midjourney: The AIs Sending Shockwaves Through FTSE 100 Firms

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ChatGPT, Midjourney, and the Corporate World – The AIs That Are Shaking Things Up

Let’s cut right to the chase here – the advancement of AI, specifically the transformative power of ChatGPT and Midjourney, is shaking the world. This isn’t some distant tremor we’re feeling. It’s the seismic shock of disruption rippling across the board, from the corporate high towers to the bustling street-level businesses.

And No, Big Business Isn’t Safe

Let’s face it, these are not your run-of-the-mill AI models we’re dealing with. The big shots from various FTSE 100 firms have been all a-chatter in recent weeks, speculating and calculating, guessing and second-guessing about how this tech whirlwind will hit their fields.

BT Group on the AI Roller Coaster

Let’s start with BT. No one in their right mind was surprised when they revealed their plans to slash a staggering 40,000 to 55,000 jobs. The word is ‘automation’, folks, and it doesn’t look like a smooth ride. The big question on everyone’s mind is – will AI take more jobs than it creates?

Our dear CEO Philip Jansen, in the midst of all the AI hustle, remains ever the optimist, insinuating more innovation could be on the horizon. But the smart man also acknowledges that the power of AI “needs to be treated with great care.”

WPP’s AI Officer – Because Why Not?

Next in the spotlight is WPP, another giant trying to keep its balance as AI rocks the boat. It’s no secret they’re all-in on AI. They even appointed an AI specialist, Daniel Hulme, as their chief AI officer. But the real showstopper? Their creative use of AI in recent campaigns, an impressive feat that I’m sure ruffled some feathers in the industry.

Pearson Treads on Thin Ice

Pearson, the digital learning specialist, is making headlines for a different reason. With free AI tools like ChatGPT shaking things up, Pearson is grappling with the potential threat to its business model. Their response? Embrace AI and turn it into an ally. Good move or desperate act? Time will tell.

Unilever’s AI Shopping Spree

Now, let’s talk about Unilever. They’re playing it smart and have roped in AI to untangle the knots in their supply chain, among other things. Their most interesting use of AI, though? An AI tool named Alex who manages incoming emails. If I were a betting woman, I’d say they’re onto something.

Compass Group Caught in the Crossfire

Finally, we’ve got Compass Group, trying to navigate the choppy waters of AI adoption. While they may not be the most obvious player in the AI game, they can’t afford to ignore the potential impact on their business. I can’t help but applaud their foresight and flexibility.

The AI wave is upon us, and it’s changing the game faster than anyone anticipated. It’s time to buckle up and see how these major players ride it out.

Source: www.raconteur.net