Microsoft closes at record after revealing pricing for new A.I. subscription - Spoiler: $30/month

Microsoft closes at record after revealing pricing for new A.I. subscription​

PUBLISHED TUE, JUL 18 20234:04 PM EDTUPDATED TUE, JUL 18 20234:43 PM EDT

KEY POINTS
  • Microsoft shares rallied to an all-time high after the company announced pricing for its new AI subscription service.
  • Microsoft’s Copilot subscription service adds AI to the company’s popular Office products such as Word, Excel and Teams.
  • It will cost an additional $30 per month and could increase monthly prices for enterprise customers as much as 83%, bringing in additional revenue through recurring subscriptions.
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Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul, Nov. 15, 2022.
SeongJoon Cho | Bloomberg | Getty Images

Microsoft shares closed at a record Tuesday after the company announced pricing for its new Microsoft 365 artificial intelligence subscription service.
The stock jumped 4%, closing at $359.49. It’s now up about 50% for the year. The prior record came on June 15, when the stock closed at $348.10.

Microsoft’s Copilot subscription service adds AI to the company’s popular Office products such as Word, Excel and Teams. It will cost an additional $30 per month and could increase monthly prices for enterprise customers as much as 83%, bringing in additional revenue through recurring subscriptions.
The announcement shows how Microsoft is continuing to build on its suite of Office software, making it more attractive for businesses that are seeking to add AI into their workflows. Microsoft has been pouring money into generative AI, largely through a multibillion-dollar investment in OpenAI, the creator of ChatGPT.
Microsoft Copilot, first announced in March, can design presentations, offer writing prompts, summarize meetings and rank incoming emails. It’s already being tested by 600 customers such as Goodyear and General Motors, although Microsoft hasn’t said when it will be available to the wider public.
— CNBC’s Hayden Field contributed to this report.


...this may just be business pricing, with a reduced cost for home use. it's still cheaper then hiring a secretary, or could let our office lady with the big tits pass as a secretary,
 
Android and iOS? for realz? Two systems you use on tablets and phones? I'm talking proper competitor.

Excel, Word, Powerpoint is all I need for business. Chuck some snipping tool in there and let me play a full library of vidya games coded straight to the metal with none of this data scraping, marketing spyware shit.
Android and iOS? for realz? Two systems you use on tablets and phones? I'm talking proper competitor.

Excel, Word, Powerpoint is all I need for business. Chuck some snipping tool in there and let me play a full library of vidya games coded straight to the metal with none of this data scraping, marketing spyware shit.
Yes most mobile devices these days are immensely powerful. Niggas keep buying expensive-assed phones and it boggles my mind that they treat phones like they're potato electronics.

Samsung and Motorola phones have a desktop mode when you plug them into a monitor. You can use a bluetooth keyboard and mouse or use USB-C. You can use photoshop/krita, office programs, and browse the Internet from your phone. Cellphones have built-in wifi7 network adapters for fast Internet and get Internet anywhere from cell data towers, making them immensely flexible. Flagship phones from 2018 to present have 6-16GB of RAM, allowing for plenty memory to run multiple programs and keep things smooth. Phones have built-in webcams and monitors, also making them great for web conferences on-the-go.

Privacy isn't a significant concern if you know how to use Android ADB to turn off privacy-invasive services like Google. Choose privacy-respecting programs like Tor on Android, Firefox Focus, F-Droid apps, and other open source programs. You could also just run Linux directly from your Android device and completely ignore the mobile OS, unlock (root) not necessary.

My own cellphone has a 3.2ghz octocore APU and is faster than my 2013 gaming desktop, also capable of emulating the Nintendo Switch and Playstation 3. There is a reason why the Valve Steam Deck is capable just as a $400 mobile gaming computer.

We are simply at that point in technology where the super computers of the 90s are now in the palm of our hands.
 
I feel like this will usher in a cultural revolution. Only people skilled at their trade will get jobs in writing, as the incompetent drifters can be replaced by AI for cheap.
What I expect will happen is that companies will only hire editors to act as tardwranglers for AI. I work in translation and that's how we've been using AI and machine translation for years. Just let the PC do its thing and you just fix all the mistakes. The low level grunts researching and typing out a schizo screed will be unneeded when an editor can just type in "Please write a 10 paragraph article about the hidden white supremacism in Texas Hold'em" and then fix all the mistakes after the text gets generated.
 
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