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So this study says people are producing more profit. The important question is whether they get it or someone else does.
by cess11 2y ago
So this study says people are producing more profit. The important question is whether they get it or someone else does.
- hwillis 2y agoIt does not. > Indeed, the reported productivity benefits were modest in the study. Users reported average time savings of just 2.8 percent of work hours (about an hour per week). https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5219933 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5219933 > Our main finding is that AI chatbots have had minimal impact on adopters’ economic outcomes. Difference-in-differences estimates for earnings, hours, and wages are all precisely estimated zeros, with confidence intervals ruling out average effects larger than 1%. At the occupation level, estimates are similarly close to zero, generally excluding changes greater than 6%.
- cess11 2y agoTo me it looks like your conclusion does not follow from those quotes. Four hours per month ought to sum up to an extra week of vacation per year, even if the labour buyer takes some of it.