Microsoft Powers Bing with AI-The Battle for Online Search Heats up Amidst Ethical Concerns

Microsoft Powers Bing with AI-The Battle for Online Search Heats up Amidst Ethical Concerns
Case Code: BSTR670
Case Length: 12 Pages
Period: 2023
Pub Date: 2024
Teaching Note: Available
Price: Rs.400
Organization : -
Industry : Technology & Communications
Countries : United States
Themes: Artificial Intelligence
Microsoft Powers Bing with AI-The Battle for Online Search Heats up Amidst Ethical Concerns
Abstract Case Intro 1 Case Intro 2 Excerpts

Excerpts

Launching the AI-Powered Bing

In February 2023, Microsoft launched the new Bing at a press event. At the launch, the company said that the new search engine could plan a trip for the user and could also know how much it would cost. Commenting on the launch of the new Bing..

Ethical Concerns

In 2022, when Microsoft was working on launching its AI technology, some of its employees and ethicists voiced the concern that it could spread misinformation on popular social networking sites such as Facebook , affect critical thinking, and have an impact on modern society, which was based on facts. Despite such concerns..

Competing With Google

In 1997, Google was launched as an online search engine. During this time, Microsoft’s focus was more on its Windows Operating system and Microsoft Office suite. To have a presence in the online search engine market, Microsoft launched Bing in 2009..

Looking Ahead

Some analysts predicted that the AI market had tremendous potential that companies such as Microsoft could tap. According to Kirk Materne, analyst at global independent investment banking advisory firm Evercore ISI, the company through its AI initiatives could garner an additional US$50 billion to US$100 billion revenue by 2027..

Exhibits

Exhibit I: Microsoft’s Five-Year Financial Summary
Exhibit II: Microsoft’s Segment Revenue and Operating Income
Exhibit III: Microsoft’s Revenue by Significant Product and Service Offerings
Exhibit IV: Microsoft’s Five-point Blueprint for Public Governance of AI
Exhibit V: Desktop Search Engine Market Share
Exhibit VI: Global Search Engine Market Share (August 2022 to August 2023)

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