While there is a great potential for tools like Microsoft’s (NASDAQ:MSFT) OpenAI to change the face of literature and entertainment as we know them today, there’s also a lot of risk involved. Microsoft found that out the hard way as the Authors Guild turned its gaze on OpenAI, and hauled it into open court.
The Authors Guild—comprised of such major literary names as George R.R. Martin, John Grisham, and others—filed suit against OpenAI over allegations of copyright infringement. The Authors Guild suit is a class-action suit, and alleges that OpenAI “…copied the plaintiffs’ works wholesale, without permission or consideration,” and used that work as part of the AI’s large language models involved in training and making AI function. The suit goes on to note that, had OpenAI not used said works to train AI, the OpenAI product would be “vastly different” than it is currently.
While OpenAI and Microsoft were largely mum on the issue, it turns out that’s not the only problem OpenAI faces right now. It’s hiring a string of cybersecurity “red teams” in a bid to improve security. OpenAI wants experts from multiple fields, including economics, healthcare, and yes, computer science to try and test the AI to improve its security, its safety, and even its ethics. Those who do sign on with a red team will be compensated, and no one needs prior experience with AI in order to get in as long as they can bring “diverse perspectives” to the table.
What is the Target Price for Microsoft?
While Microsoft is down today, it’s still got plenty of analysts on its side. With 30 Buy ratings, three Holds and one Sell, Microsoft stock is considered a Strong Buy by analyst consensus. Further, with an average price target of $392.41, Microsoft stock offers investors 21.89% upside potential.
