SEATTLE – Microsoft just released its 4th annual Work Trend Index report. And like last year, it focuses on generative AI, but with a focus on the technology’s state at work. Last year’s report shed light on the employees’ and employer’s perspectives on AI in the workplace.
Two things stood out, a vast majority of the polled participants indicated they didn’t have enough time to do their work and wanted to integrate AI into their workflow to make work easier, whereas 49% were concerned about losing their jobs to AI.
Microsoft immersed itself in the AI wave after making a multi-billion investment in cutting-edge technology, extending its partnership with ChatGPT maker, OpenAI. In one year, the advances in the AI landscape have completely revolutionized the setup at companies, including the qualities recruiters head-hunt for when hiring for new positions, the leadership direction of the company, and how people handle assigned tasks at work.
According to Microsoft CEO Satya Nadella:
“AI is democratizing expertise across the workforce. Our latest research highlights the opportunity for every organization to apply this technology to drive better decision-making, collaboration—and ultimately business outcomes.”
Generative AI certainly holds a place in organizations, with three out of four knowledge workers using AI to make their work easier. The report indicates that technology has significantly helped them save time, boost productivity, and even allow them to focus on more important things.
