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Yep, I read the link, their detailed paper (https://s3.amazonaws.com/real.stlouisfed.org/wp/2024/2024-027.pdf https://s3.amazonaws.com/real.stlouisfed.org/wp/20
by keeda 10d ago
Yep, I read the link, their detailed paper (https://s3.amazonaws.com/real.stlouisfed.org/wp/2024/2024-027.pdf https://s3.amazonaws.com/real.stlouisfed.org/wp/2024/2024-02...) and I also played with their data tracker here: https://www.genaiadoptiontracker.com/#explore-data https://www.genaiadoptiontracker.com/#explore-data
Toggle "Work hours using genAI" and "Time savings due to genAI" so see what I mean. You can also toggle between various industries, which is eye-opening because even industries like "Agriculture, Forestry, Fishing, and Hunting" are seeing productivity gains!
And if you do not want to read the detailed paper, they have a follow-up article here: https://www.stlouisfed.org/on-the-economy/2025/feb/impact-generative-ai-work-productivity https://www.stlouisfed.org/on-the-economy/2025/feb/impact-ge...
Specific quote:
> Using our data on generative AI use, this estimate implies that, on average, workers are 33% more productive in each hour that they use generative AI. This estimate is in line with the average estimated productivity gain from several randomized experiments on generative AI usage.
What we HAVE seen is that the national labor productivity has gone up by 1.3% since ChatGPT was released, and it lines up very well with all the other data and studies they cover... AND your reference, which predicted a 1.5% growth back in 2023!