No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, October 26, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Markets

This Company Saved $500 Million By Replacing Call Centers with AI

by TheAdviserMagazine
3 months ago
in Markets
Reading Time: 6 mins read
A A
This Company Saved 0 Million By Replacing Call Centers with AI
Share on FacebookShare on TwitterShare on LInkedIn


I had to get my car serviced a few weeks ago. So I called the local dealership to set up an appointment.

The woman who picked up the phone recognized my phone number and asked if I was calling about my 2024 Jeep Wrangler.

I said: “Yes, and I need to do the annual service.”

She replied: “Ok. Let’s get you set up. The next appointment I have is tomorrow at 11 AM. Does that work for you?”

Then the call dropped.

Undaunted, I called back hoping to get the same helpful receptionist.

And I got her. The woman answered with the exact same tone of voice, and with the exact question same question asking if I was calling about my Jeep.

That’s when I realized I was talking to an AI chat the entire time.

It was so realistic!

That interaction opened my eyes to just how far AI has come in everyday life.

And for a growing number of workers, this progress is coming at a cost.

In our last issue we checked-in on the progress of agentic AI.

One way we can measure this progress is by answering a question we’ve asked before…

Is AI coming for your job?

In mid-2025, that answer is becoming a lot harder to ignore.

Just this month, Microsoft’s Chief Commercial Officer (CCO) announced that the company had saved approximately $500 million by using AI across its call centers.

It’s an impressive display of what AI can do to enhance productivity and make businesses more profitable.

But it comes with a human cost.

Microsoft has laid off approximately 15,300 people since the beginning of 2025.

And if what we’re seeing so far this year is any indication…

AI’s real job disruption hasn’t even begun.

It’s Not Just Tech

Most of the headlines about AI-related layoffs center around Big Tech.

Microsoft isn’t the only company slashing jobs in the name of AI-driven efficiency.

According to one recent analysis, over 132,000 workers in tech have already lost their jobs in 2025.

Source:  https://www.rdworldonline.com/2025-rd-layoffs-tracker/

That’s around 790 jobs per day, and many of those cuts can be directly attributed to AI adoption.

But while Big Tech might dominate the headlines, it isn’t the only sector where AI is transforming the workplace.

In fact, one of the biggest recent AI-driven workforce reductions didn’t come from a tech company at all.

It came from the federal government.

Just this week, the Office of Personnel Management (OPM) said it’s cutting nearly a third of its staff because AI is now handling much of the administrative load.

And AI is beginning to squeeze other sectors too.

A survey of business leaders last year predicted that 38% of companies using AI would replace workers with the technology in 2025.

That forecast is now playing out across the country as companies rethink how many people they actually need to stay productive.

Transportation firms are using AI to optimize routing and cut logistics roles. Insurance companies are automating claims. Financial services companies are leaning on large language models (LLMs) to replace junior analysts.

And that’s a big problem for recent graduates. Because many roles being cut today were once the first step toward building a long-term career.

According to data from the NY Fed, recent graduates in the IT sector are being hit particularly hard.

Turn Your Images On

Which makes sense, considering how well AI now handles technical tasks once reserved for entry-level developers and support staff.

But AI is also reducing the need for human paralegals, customer service agents, project coordinators, admin assistants and many more positions that used to be a foot in the door for entry-level workers.

It’s shaping up to be what Axios calls a white-collar bloodbath.

Dario Amodei, the CEO of Anthropic, believes that AI could wipe out half of all entry-level white-collar jobs.

Jim Farley, the CEO of Ford, recently argued the same thing.

According to Amodei, this could spike unemployment to 10-20% in the next one to five years as employers actively choose software over people.

Understandably, many people are concerned about their employment future, whether they’re just entering the workforce or have been employed for decades.

According to Pew Research, 64% of the public thinks AI will lead to fewer jobs over the next 20 years.

I’m much more optimistic about the impact of AI on our lives. But I’m also a realist.

As I mentioned on our private members-only Strategic Fortunes PRO call earlier this week…

This could get messy.

The macro trend is that AI is making businesses more profitable.

Microsoft’s $500 million savings is one of many examples of this. And that’s great for companies. Over the next 3-5 years I believe we’ll see some crazy multiples due to profitability.

But it will continue to come at a human cost.

Here’s My Take

According to the World Economic Forum, we’re on track to lose 92 million jobs by 2030. At the same time, they say 170 million new jobs will be created.

But even if this is true, those new jobs will require a drastically new skill set.

In a memo leaked earlier this month, Microsoft made it clear to its employees that AI use is no longer optional.

I believe this kind of mandate is going to happen more often. And if you want to survive in today’s fast-changing work environment, you’re going to need to embrace AI.

Because no matter the industry, the most successful employees today are ones who use AI to improve their output.

Think of it like this…

Knowing how to use Excel didn’t make someone irreplaceable in the 1990s. But workers who could use that software to enhance their productivity became more valuable to the companies they worked for.

I believe by this time next year, knowing how to collaborate with AI will be as important as knowing how to use email or Excel.

And for new graduates, it’ll be the price of entry into the job market.

Because there’s no sugarcoating the fact that AI is displacing workers. And this trend isn’t confined to one industry or income bracket.

In fact, this might be the first time white-collar workers are more vulnerable than blue-collar ones.

That’s why the safest move right now is to stop treating AI like tomorrow’s problem and start treating it as a core job skill.

Regards,

Ian King's SignatureIan KingChief Strategist, Banyan Hill Publishing

Editor’s Note: We’d love to hear from you!

If you want to share your thoughts or suggestions about the Daily Disruptor, or if there are any specific topics you’d like us to cover, just send an email to [email protected].

Don’t worry, we won’t reveal your full name in the event we publish a response. So feel free to comment away!



Source link

Tags: callcentersCompanyMillionReplacingSaved
ShareTweetShare
Previous Post

Today on Legaltech Week: It’s A Hallucination Hullabaloo, As Lawyers and Judges Get In AI Hot Water; Plus Our AALL Post-Mortem and More

Next Post

UBS loses advisors to Merrill, Ameriprise, Raymond James

Related Posts

edit post
Popular investing strategy losing appeal with stocks at record finding

Popular investing strategy losing appeal with stocks at record finding

by TheAdviserMagazine
October 25, 2025
0

Passive investing through exchange-traded funds may be losing its appeal.Tidal Financial Group Chief Revenue Officer Gavin Filmore finds many of...

edit post
Starboard aims to unlock the value of Fluor’s investment in nuclear tech company NuScale

Starboard aims to unlock the value of Fluor’s investment in nuclear tech company NuScale

by TheAdviserMagazine
October 25, 2025
0

Company: Fluor Corp (FLR)Business: Fluor is a holding company that provides engineering, procurement, construction, fabrication and modularization, and project management...

edit post
Meta Platforms to report Q3 earnings on October 29. Here’s what to expect

Meta Platforms to report Q3 earnings on October 29. Here’s what to expect

by TheAdviserMagazine
October 24, 2025
0

When Meta Platforms, Inc. (NASDAQ: META) reports its third-quarter results, investors will be looking for updates on the trajectory of...

edit post
2 of the Best Aldi Finds Available Right Now (While They Last)

2 of the Best Aldi Finds Available Right Now (While They Last)

by TheAdviserMagazine
October 24, 2025
0

Sharkshock / Shutterstock.comLoyal Aldi shoppers know it well — the legendary “Aisle of Shame.” The affectionate nickname is a nod...

edit post
Estee Lauder (EL) Earnings Preview: Sales and earnings anticipated to see a pickup in Q1 2026

Estee Lauder (EL) Earnings Preview: Sales and earnings anticipated to see a pickup in Q1 2026

by TheAdviserMagazine
October 24, 2025
0

Shares of the Estée Lauder Companies Inc. (NYSE: EL) were up over 2% on Friday. The stock has gained 12%...

edit post
What Real Estate Investors Miss About Short-Term Capital

What Real Estate Investors Miss About Short-Term Capital

by TheAdviserMagazine
October 24, 2025
0

In This Article This article is presented by Connect Invest. Many real estate investors obsess over IRR and cap rates,...

Next Post
edit post
UBS loses advisors to Merrill, Ameriprise, Raymond James

UBS loses advisors to Merrill, Ameriprise, Raymond James

edit post
Trustee Trouble in Paradise: What Jimmy Buffett’s Estate Dispute Teaches About Fiduciary Duty

Trustee Trouble in Paradise: What Jimmy Buffett’s Estate Dispute Teaches About Fiduciary Duty

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Metals on fire: What’s driving the unstoppable rally in copper, aluminium, and zinc

Metals on fire: What’s driving the unstoppable rally in copper, aluminium, and zinc

0
edit post
Russia’s ‘disposable-goods’ economy gets busier but poorer, and sanctions could trigger a recession

Russia’s ‘disposable-goods’ economy gets busier but poorer, and sanctions could trigger a recession

0
edit post
PG Earnings: All you need to know about Procter & Gamble’s Q1 2026 earnings results

PG Earnings: All you need to know about Procter & Gamble’s Q1 2026 earnings results

0
edit post
American Airlines to resume Israel – US flights

American Airlines to resume Israel – US flights

0
edit post
2025 Industrial Sector Stocks List From Major ETFs

2025 Industrial Sector Stocks List From Major ETFs

0
edit post
Economic Questions: The E F Schumacher Question

Economic Questions: The E F Schumacher Question

0
edit post
Metals on fire: What’s driving the unstoppable rally in copper, aluminium, and zinc

Metals on fire: What’s driving the unstoppable rally in copper, aluminium, and zinc

October 26, 2025
edit post
Coinbase’s x402 Transactions Rise 10,000% in a Month

Coinbase’s x402 Transactions Rise 10,000% in a Month

October 26, 2025
edit post
American Airlines to resume Israel – US flights

American Airlines to resume Israel – US flights

October 26, 2025
edit post
Real-world ‘Avatar’ in Kenya: Sacred hill turns into a rare-earth battleground for US and China

Real-world ‘Avatar’ in Kenya: Sacred hill turns into a rare-earth battleground for US and China

October 25, 2025
edit post
Trump adds 10% tariff on Canada due to TV ad, but IEEPA doesn’t allow its use against ‘information’

Trump adds 10% tariff on Canada due to TV ad, but IEEPA doesn’t allow its use against ‘information’

October 25, 2025
edit post
One more regional airline files for Chapter 11 bankruptcy

One more regional airline files for Chapter 11 bankruptcy

October 25, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Metals on fire: What’s driving the unstoppable rally in copper, aluminium, and zinc
  • Coinbase’s x402 Transactions Rise 10,000% in a Month
  • American Airlines to resume Israel – US flights
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.