Companies are spending vast sums on AI expecting the technology to boost efficiency, but a new survey from AI consulting firm Section found that two-thirds of non-management workers among 5,000 white-collar respondents say they save less than two hours a week or no time at all, while more than 40% of executives report the technology saves them upward of eight hours weekly.
Workers were far more likely to describe themselves as anxious or overwhelmed about AI than excited -- the opposite of C-suite respondents -- and 40% of all surveyed said they would be fine never using AI again. A separate Workday report of roughly 1,600 employees found that though 85% reported time savings of one to seven hours weekly, much of it was offset by correcting errors and reworking AI-generated content -- what the company called an "AI tax" on productivity.
At the World Economic Forum in Davos this week, a PricewaterhouseCoopers survey of nearly 4,500 CEOs found more than half have seen no significant financial benefit from AI so far, and only 12% said the technology has delivered both cost and revenue gains.
Read more of this story at Slashdot.