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AI COMPETIVIVE
ADVANTAGES
Read the Article: MIT Economics
Read the Article: The Guardian
Read the Article: Harvard Business School
EMPOWER YOUR TEAM WITH AI SKILLS FOR A COMPETITIVE EDGE
In today’s rapidly evolving business landscape, proficiency in artificial intelligence (AI) is not just an advantage; it’s a necessity.
OUR CLIENTS
- Case Study: a New York City-based commercial and residential real estate developer, began investing in digital capabilities before the pandemic. This included leveraging AI for various operational aspects like the implementation of ChatGPT for lead generation on their website. The bot provided information on properties and the buying process, improving lead generation and conversation rates
- Result: The company’s investment in digital and AI capabilities set it apart from competitors, showcasing the potential of AI in traditionally less tech-savvy sectors like real estate.
- Source: McKinsey & Company
- Case Study: A global survey conducted by McKinsey found that the number of companies reporting AI adoption in at least one function had increased, with significant economic returns.
- Result: The share of respondents reporting at least 5% of earnings (EBIT) attributable to AI increased, indicating a growing economic return from AI investments across various sectors.
- Source: MIT Sloan Management Review
- Study Overview: Conducted by MIT Executive Education, this experiment involved 444 college-educated professionals to assess the productivity impact of ChatGPT.
- Productivity Increase: The study found a remarkable 37% increase in productivity among the participants when using ChatGPT.
- Efficiency in Task Completion: Additionally, there was an 80% reduction in the time spent on specific tasks, indicating a significant improvement in efficiency and task management.
- Implications: These results underscore the potential of ChatGPT in enhancing workplace efficiency, suggesting that its implementation could lead to substantial gains in productivity across various professional sectors.
- Source: MIT Management Education
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