Back to the complete issue
Wednesday, 18 January 2023

AI isn’t going anywhere — so educators and businesses are adapting + A looming recession isn’t slowing down the Great Resignation

OpenAI’s ChatGPT is wreaking havoc in education + pushing teachers to alter their methods and curricula: Professors and teachers across different levels of education are revisiting their approach to coursework to circumvent students’ potential reliance on new artificial intelligence tools, the New York Times reports. The shift is largely triggered by last year’s release of ChatGPT — an AI tool that uses language generation software to formulate a coherent stream of thought using information available online and produce an essay, lecture, or other forms of writing. In some universities in the US, “professors are phasing out take-home, open-book assignments — which have become a dominant method of assessment in the pandemic but now seem vulnerable to chatbots,” the Gray Lady writes. At the K-12 levels, many teachers and administrators are trying to impose strict controls on the use of the AI tool, including blocking access on their Wi-Fi networks.

Outright bans on the tool seem both unlikely and infeasible: Many educators are starting to accept that ChatGPT is just another technological advancement that they have to grapple with and adjust to, with the expectation that there will be more new tools and technologies in the future that will require accommodation. One university professor speaking to the New York Times, for example, said he is looking to integrate the new AI tool into their lesson plans as a means of furthering in-class discussions.

Meanwhile, OpenAI’s tools are also making changes in the business world: Microsoft — which has already invested some USD 1 bn in OpenAI and is reportedly considering pouring another USD 10 bn into the startup — is integrating some of OpenAI’s technologies into Microsoft’s Azure OpenAI, which is geared towards developers and data scientists, Reuters reports. ChatGPT specifically is “coming soon” to Azure OpenAI, Microsoft CEO and Chairman Sayta Nadella tweeted. The tool has the potential to disrupt the customer service market by enabling the automation of conversations with customers. This automation could reduce costs by freeing up customer service agents to focus on more complex tasks, while also increasing customer satisfaction, Microsoft has suggested.

We’re already starting to see some of these changes take shape in different industries: Microsoft has already announced it expects to roll out the incorporation of ChatGPT in its search engine, Bing, before the end of March, sparking concerns at Google that the AI tool could upend the competitive playing field, Business Insider reports. Closer to home, a senior official at Al Jazeera reportedly said the news organization is looking into using Azure OpenAI to “summarize and translate content,” according to Reuters.


The Great Resignation is still in full swing: Concerns of an impending recession have done little to slow down a surge in resignations in some geographies, with LinkedIn’s consumer research showing that employees are more confident in their ability to switch careers, CNBC reported. Around 63% of employees in India and 43% in Australia and Singapore indicated they are “more confident” in their search for a new job in 2023 than last year, according to the research, which surveyed over 4k employees across the three countries. They show “more resilience” despite mounting recession concerns. Employees are increasingly looking to leave their jobs due to surging inflation — pushing them to seek positions with a higher paycheck — as well as the pursuit of better work-life balance, with over 30% of those surveyed saying this would be a priority area for them this year. More employees also want to quit their jobs due to a lack of career growth.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.