Study: Can AI double your productivity at work?
Mike analyses a study with 776 Procter & Gamble experts on ChatGPT’s impact on productivity and draws five takeaways for companies.
What you will learn
AI users perform much better than non-AI users. Mike analyses the Procter & Gamble study and adds his own workshop experience.
Key figures from the study (776 P&G experts)
An individual with AI reaches almost the same level as a whole team without AI
Teams with AI perform much better than teams without AI
AI users were 12 to 16 per cent faster
AI breaks down silos: results are more balanced across business units
Mike's workshop experience
Median: 1.5 hours saved per week
Average (including outliers): 11.5 hours
Two thirds of participants use ChatGPT several times a week or daily
The time saved goes into creative work, strategic tasks and reducing overtime
ROI calculation
ChatGPT costs about 30 dollars per month. Training costs a few thousand francs. Savings per employee in Switzerland: CHF 540 to 4,000 in the tertiary and quaternary sectors.
Mike's recommendation: not Copilot
Copilot is useless, apart from programming, compared with Gemini and ChatGPT. Companies should use ChatGPT or Gemini.
What companies should do
Give employees time to get to grips with AI
Pay for several training sessions - one is not enough
Use ChatGPT or Gemini, not Copilot
Focus on integration into existing processes