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The Future of Collaboration in the Artificial Intelligence Era

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The Future of Collaboration in the Artificial Intelligence Era

The Future of Collaboration in the Artificial Intelligence Era

How humans collaborate with one another has been closely linked to technological progress.

Before the invention of the telephone, we had to be in the same room to communicate in real-time – and prior to the internet, we had to be in the same building to share our designs, new ideas, or other documents.

Collaboration has always been a moving target, and in modern times we shouldn’t be surprised that new technological innovations are again shifting how humans work and coordinate together.

The New Collaboration Cycle

Today’s infographic comes to us from Schneider Electric, and it shows that humans are no longer making things using a linear approach.

Instead, modern collaboration is a cyclical process with no defined start or end points – and it often involves more users and stakeholders, continuous access, and an increasingly decentralized workforce.

The 24/7 Knowledge Factory

All around the world, the way that teams work together is changing.

Instead of always being centralized at a local level, teams are adding talent from around the world who bring diverse perspectives and new ideas to the table.

The modern organization never sleeps – it has people from different countries, time zones, and cultures all working together to create new designs or products simultaneously.

Collaboration on projects is happening in real-time, at all times of the day, and this has several benefits. It brings together a broader range of skills and perspectives, makes teams more customer-centric, reduces errors and wasted money, and enhances both decision-making and product development cycles.

Working Together is Changing

How are teams collaborating 24/7 in real-time from locations around the world?

VR/AR
Designers, engineers, and other team members can collaborate in parallel, using mixed reality as a common medium.

Collaborative Intelligence (AI)
Multi-agent, distributed systems where each agent, human or machine, is uniquely positioned, with autonomy to contribute to a problem-solving network.

Advanced Modelling (3D and 4D printing)
Design and manufacturing can be integrated seamlessly, even to customize individual items. 4d printing (fourth dimension: movement) is a new frontier where printed objects adapt to various circumstances.

Crowd-based Collaboration
Design is no longer siloed and can be democratized between different stakeholders. Further, teams can work simultaneously from all over the world.

Computer Supported Collaborative Design (CSCD)
The synchronous sharing of information and interaction with ideas, in an AI-driven, data-intensive environment. Here, problem solving, data and service “agents” support, or replace, labor intensive work and possibly the human traits of intuition and decisi, as well.n making.

The Next Wave

How humans work together is changing, but also shifting is how humans and AI will collaborate together.

The new technological landscape creates many questions and uncertainties for companies today:

  • Will new “collaborative” technologies really change how we engage, and innovate with, our colleagues?
  • Will a hyper-networked, always-engaged global collaborative environment create “too many cooks in the kitchen”?
  • With more opportunity to get involved in processes, how does the role of the end-customer change?
  • Will traditional design and implementation switch to being more service-based, as time goes on?
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Technology

What is the Median Pay of Magnificent Seven Companies?

The Magnificent Seven companies are fueling stock market gains. In this graphic, we show the median pay of each company in 2023.

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This circle graphic shows the median pay of employees at the Magnificent Seven companies.

What is the Median Pay of Magnificent Seven Companies?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

The Magnificent Seven are lifting the stock market to new highs, led by Nvidia, Microsoft, Apple, and Alphabet in particular.

In May alone, these tech giants added $1.4 trillion in market capitalization to the S&P 500—surpassing the combined gains of 296 other stocks during the same period. Notably, Nvidia contributed to more than half of this rise. As tech stocks boom, many are offering robust salaries with substantial stock option plans.

This graphic shows the median pay of the Magnificent Seven companies in 2023, based on analysis from The Wall Street Journal and MyLogIQ.

The Highest Paying Companies in the Magnificent Seven

Below, we show the median employee pay of the Magnificent Seven companies in 2023:

CompanyMedian Employee Pay
2023
CEO Total Pay
2023
Meta$379,050$24.4M
Alphabet$315,531$8.8M
Nvidia$266,939$34.2M
Microsoft$193,770$48.5M
Apple$94,118$63.2M
Tesla$45,811$0M
Amazon$36,274$1.4M

Data for Microsoft is from SEC filings. Total CEO pay includes equity awards and cash pay.

Meta ranks as the highest overall, with a median pay of $379,050, which is more than six times the national median salary.

Not only is it the leading company in the Magnificent Seven, it has one of the highest median pay across S&P 500 companies. Between 2022 and 2023, employee pay increased 28%, following four rounds of layoffs that slashed thousands of employees in its “year of efficiency”.

Following Meta is Google’s parent company, Alphabet, with a median pay of $315,531. The company operates a hybrid work policy, requiring employees to be in the office about three days a week. This mirrors a trend seen across Amazon and Salesforce to encourage in-person collaboration.

At Nvidia, employees received a median pay of $266,939, fueled by its soaring share price. Last year, over $300 million in value was delivered to its staff under its employee stock purchase plan. Along with a competitive pay package, the company offers an unlimited vacation policy along with 22-weeks of paid parental leave.

Falling near the bottom of the pack is Tesla, where the median salary for employees is $45,811. The automotive sector is notorious for steep wage gaps between CEOs and workers, with CEOs often earning 300 times more than the median employee.

In 2023, Tesla CEO Elon Musk earned no compensation, and is instead paid through incentive-based stock options. Recently, a judge invalidated a staggering $56 billion pay package for the executive, deeming it unfair to the company’s shareholders. This pay package was awarded in 2018, with stipulations that Tesla meet certain performance requirements over a 10-year timeframe.

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