The Impacts of Automation on the Labor Force

4min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Chat GPT 3.5 can increase productivity by 30 to 80%. Some of the best engineers get the most improvement from using these tools, he says. But who benefits? "We don't know yet enough about who benefits" MGI is working on a report that will help companies understand what their workers are doing.

Co-host Michael Chui talks with business professor Ethan Mollick. He is an associate professor at the Wharton School at the University of Pennsylvania. Mollick covers topics including the following:

What is generative AI?
How substantial are the performance improvements workers can gain from using generative AI
How to use human management skills to get better results from generative AI
What generative AI means for the future of work and trust
What he learned when he made the use of generative AI mandatory in his classes

See www.mckinsey.com/privacy-policy for privacy information