Is AI Actually Useful?

Patrick Boyle On Finance

A new Harvard Business School study analyzed the impact of giving AI tools, to white collar workers at Boston Consulting Group.
In the study, management consultants who were told to use Chat GPT when carrying out a set of consulting tasks were far more productive than their colleagues who were not given access the tool. Not only did AI-assisted consultants carry out tasks 25 per cent faster and complete 12 per cent more tasks overall, but their work was also assessed to be 40 per cent higher in quality than their unassisted peers.
In today's video we look at the pros and cons of using AI at work.
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Papers Mentioned:
Harvard Paper: https://www.hbs.edu/ris/Publication%20Files/24-013_d9b45b68-9e74-42d6-a1c6-c72fb70c7282.pdf
Nicholas Carlini Blog: https://nicholas.carlini.com/writing/2024/my-benchmark-for-large-language-models.html
Nicholas Carlini Quiz: https://nicholas.carlini.com/writing/llm-forecast/
Effects of AI on Employment Paper: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4527336
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