AI chatbots are all the rage in the workplace, but a new study shows they haven’t really moved the needle in terms of earnings or hours worked. Conducted by the National Bureau of Economic Research, this analysis of 25,000 workers in Denmark highlights that, despite rapid adoption, AI chatbots have had a negligible impact on productivity and pay. On average, users saved only about 3% of their time, and most of the productivity gains didn’t translate into higher wages.
Key Points
- AI chatbots have been commonly adopted, yet their effect on earnings and worked hours is largely insignificant.
- Employees using AI chatbots saved about 3% of their working time, with minimal increases in productivity reflected in pay increases.
- The study analysed 25,000 workers across various roles, including accountants, HR professionals, and teachers.
- Most employees allocated their saved time to other tasks rather than leisure activities.
- Real-world application of AI tools often lacks endorsement from employers, limiting their effectiveness.
Why should I read this?
If you’ve been wondering about the impact of AI chatbots in your workplace, this article is a must-read! It’s got the lowdown on what’s really happening with AI in the real world versus all the hype. Spoiler: the benefits might not be as great as expected. By diving into the details of this study, you’ll save time and get a clearer picture of AI’s actual performance in workplaces, making it easier for you to understand what this all means for your job and company.
