Forward Thinking

Forward Thinking on the brave new world of generative AI with Ethan Mollick

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May 31, 2023
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ANECDOTE

30-Minute Marketing Blitz

  • In 30 minutes, AI generated a marketing strategy, campaign, website, video script, and social media posts for Ethan Mollick's new product.
  • This workload would typically take a team a week to complete, highlighting AI's potential for increased efficiency.
INSIGHT

Unprecedented Performance Gains

  • Early controlled experiments show 30-80% performance improvements with AI for tasks like coding and marketing.
  • This surpasses historical technology impacts, such as the 18-22% increase from steam power in the 1800s.
ANECDOTE

AI Improves Writing and Satisfaction

  • A study using Chat GPT 3.5 showed improved writing quality and reduced completion time by over 30%.
  • Participants' job satisfaction also increased due to AI handling tedious tasks.
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