AI can help workers identify patterns and insights
Another benefit of generative AI is that it can help workers identify patterns and insights that they might otherwise miss. For example, a generative AI tool could be used to analyze large datasets and identify trends that could inform business decisions.
Of course, there are also potential downsides to using generative AI in the workplace. One concern is that the technology could lead to job displacement, as some tasks become fully automated. However, the NBER study found that this was not the case in the manufacturing sector. Instead, workers were able to focus on higher-level tasks that required more creativity and critical thinking.
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Conclusion
Overall, the NBER study provides compelling evidence that generative AI can have a significant positive impact on worker productivity. As the technology continues to advance, it is likely that we will see more and more applications of generative AI in the workplace. And while there are certainly risks and challenges associated with the technology, the potential benefits are too great to ignore.