• Over 80% of companies report no productivity gains from AI so far despite billions in investment, survey suggests - 6,000 executives also reveal 1/3 of leaders use AI, but only for 90 minutes a week AI isn’t having a huge impact on productivity yet, but hopes are still high Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox. • You are now subscribed Your newsletter sign-up was successful AI is the buzzword of the era, and, much like the enthusiasm of the early dot-com years, billions of dollars worth of investment is being plowed into tools for workers aimed at improving productivity and cutting employment costs. • Unfortunately, a new survey of over 6,000 executives from firms across Europe and the US shows that the majority believe AI has had little impact on their business operations so far. • The survey, published by the National Bureau of Economic Research (h/t Fortune), reveals the disparity between expectation and reality. • While 70% of the businesses questioned were actively using AI, over 80% of them report no impact on company productivity or on employment. • That’s despite a belief among the majority of those questioned that AI will boost productivity by 1.4%, reduce headcount by 0.7%, and increase output by 0.8% over the next three years.
Article Summaries:
- A survey of more than 6,000 executives in Europe and the U.S. shows that while 70 % of firms are using AI tools, over 80 % report no measurable productivity gains or employment impact to date. Executives expect modest future benefits-about 1.4 % productivity lift, 0.7 % head‑count reduction, and 0.8 % output increase over the next three years-but only a third of leaders use AI in the workplace, averaging 1.5 hours per week. Despite billions invested in AI and strong venture‑capital interest, the gap between high expectations and current results highlights the ongoing “productivity paradox” in modern business.
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