25,000 workers saw only a time saving of 2.8% after using Genai Chatbots
8.4% so new tasks are created, adding their workload
Time savings rarely translate to higher earnings
According to a new working document from the University of Chicagos Becker Friedman Institute for Economics, generative AI chatbots such as Chatgpt, Gemini and Claude have had minimal to no influence on wages or employment so far despite initial concerns and workers.
The results come from a study of about 25,000 workers in Denmark across 11 AI-exposed professions. The study found no significant changes in earnings or hours worked after the implementation of these AI tools.