It is no surprise that rank-and-file workers do not trust businesses these days, particularly when said businesses seek to replace those rank-and-file workers with artificial intelligence (AI). But tech giant Microsoft (MSFT) thinks it may have a way to build that trust, as expressed by CEO Satya Nadella. And apparently, it only takes five words. That revelation was greeted with cautious optimism by shareholders, and Microsoft shares ticked up fractionally in Friday afternoon’s trading.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
The recent layoffs at Microsoft have called attention to this point once more, as many wondered if these lost positions were really lost, or simply being handed over to artificial intelligence. And that was why Nadella emerged with a simple, five-word phrase that he seems to believe will somehow spark trust: “Here is what is changing.”
Nadella believes that “Here is what is changing” is apparently a means to gain “social permission,” and that leaders should not talk about eliminating jobs, but rather on “reorganizing” them, which sounds like a great Dilbert strip in the making if such things existed anymore. But Nadella believes that “Here is what is changing” removes ambiguity, and therefore fear, at least until the new ambiguity about another five-word phrase, “How do I buy food?” kicks in.
