Can Microsoft’s Copilot make a consequential impact in an intensively competitive AI market?
While AI is no closer to becoming Skynet and taking over the world, it has become an integral part of personal and business life. Post ChatGPT success, companies are rushing to create their own AI models. Google came up with Bard, a direct competitor to ChatGPT which was disastrous in the first public demo, leading to a massive drop in the company’s stock value. Is Microsoft’s AI model, Copilot, doomed to a similar fate?
What is Microsoft 365 Copilot?
Microsoft 365 is a slew of globally favored business productivity apps, such as Word, Excel, Teams, and more. According to Statista, over a million companies worldwide use Microsoft 365. Microsoft 365 Copilot aims to revolutionize the services of Microsoft 365 by integrating AI across the entire 365 ecosystem.
How does Microsoft 365 Copilot Work?
Microsoft claims that Copilot is more than just an AI chatbot. Copilot is a sophisticated processing and orchestration engine powered by a large language model (LLM), including GPT-4.
It integrates with the data in Microsoft Graph and Microsoft 365 to increase productivity in considerably less time. Consider this scenario: you are required to write a comprehensive sales report based on a sales Excel sheet sent by your sales team. You can easily give Copilot a natural language prompt like “Write a sales report based on the sales Excel sheet.” Copilot will go through Microsoft 365 apps and Microsoft Graph to seamlessly deliver a comprehensive, accurate, and human-like sales report.
How will Microsoft 365 Copilot Fare in the AI Race?
All eyes are on Microsoft’s Copilot, which will be available for enterprise customers on November 1, 2023. Will Microsoft’s AI Powerhouse give the AI chatbots a run for their money? Copilot can become a significant, everyday AI assistant that increases productivity. Copilot can take over redundant tasks, allowing you to focus more on work that matters. If what Microsoft has planned with Copilot is brought to fruition without any hiccups, Copilot has the potential to dominate the AI market.