Summary
A Workday survey found that while AI is speeding up tasks, it also creates more work due to errors that need fixing. The majority of employees experience some time savings with AI, but end up spending part of that time fixing mistakes. Although AI holds potential for increasing productivity, many are not seeing consistent positive outcomes yet.
Key Facts
- A survey by Workday found that 85% of employees felt AI saved them 1-7 hours a week.
- 37% of the saved time is used to correct AI errors, called "rework."
- Only 14% of respondents reported consistently positive results from AI.
- Workday surveyed 3,200 employees using AI in large companies in North America, Europe, and Asia.
- The survey did not specify which AI software or companies were involved.
- CEOs anticipate layoffs in the next five years due to AI despite lacking current productivity gains.
- Some niche areas show productivity benefits from AI, but overall gains are not yet evident.
- AI tools, like those from Anthropic, are rapidly improving and could solve these issues soon.
