Generative AI does not bite into wages, replace workers and do not save time, economists say
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 […]









