Federal Reserve Survey: American Workers Report Productivity Gains Due to AI Usage

A study conducted jointly by the Federal Reserve Bank of St. Louis, Vanderbilt University, and Harvard University shows that American workers have increased their average hourly productivity by 33% through the use of generative artificial intelligence. The survey found that 21% of respondents reported saving 4 hours or more of work time using this technology. Employees who frequently use generative artificial intelligence save more time, indicating that a certain amount of learning time is required. Workers in the information services industry use generative artificial intelligence the most and save the most time, while the leisure and hospitality industry has the lowest usage rate