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AI is making managers nervous
  + stars: | 2024-04-28 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +3 min
Read previewManagers are worried that using powerful generative AI tools like OpenAI's ChatGPT in the workplace might cut their salaries. Of those surveyed, 48% of managers reported that AI tools are a "threat to their pay" and will "fuel wage declines" across the country in 2024. In early March, Cognition unveiled Devin, the 'first AI software engineer' the startup claims could fix bugs and train AI models. Sixty-two percent of managers surveyed, according to Beautiful.ai, said their employees feel like AI could eventually put them out of their jobs. "There's no doubt that the implementation of AI tools has employees questioning their value to a company," according to the survey.
Persons: , Devin, Beautiful.ai, didn't Organizations: Service, Business
Nearly half of US managers surveyed by Beautiful.ai worry that AI tools can lower wages. Some managers say tools like OpenAI's ChatGPT could do their jobs better than them. AdvertisementManagers are worried that using powerful generative AI tools like OpenAI's ChatGPT in the workplace might cut their salaries. Of those surveyed, 48% of managers reported that AI tools are a "threat to their pay" and will "fuel wage declines" across the country in 2024. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Business
A study found that over half of the participants using AI for work saw a 30% productivity increase. Here are three ways people can ease into using generative AI at work. Now I work as a generative AI consultant and trainer and use AI tools to save closer to 25 to 30 hours of work a week. A recent study by Forrester Consulting on behalf of Grammarly found that more than half of people using AI at work said they were 31% more productive . If you're hesitant about embracing generative AI, many apps and tools you already use have AI functions you can familiarize yourself with quickly.
Persons: ChatGPT, Grammarly, Slack DailyBot, Felix, Slack . Slack, DailyBot, I've, Couto's Slack, Ashley Couto, It's, Ashley Couto Felix Felix, you've, felix, Couto, Slack, Felix AI, Ashley Couto Felix, Canva, that's Organizations: Morning, Forrester Consulting, ChatGPT
Cramer has dealt with a huge number of pitch decks in her time as an entrepreneur and VC. She has shared on LinkedIn her top tips for creating a successful pitch deck. "If you want to build a brand, your pitch deck needs to highlight that brand. If you want to build a tool, you need a pitch deck that shows mock-ups of the product," Cramer wrote. It allows senders much more control over who reads their pitch deck — and who can forward it.
Boston-based Globalization Partners has laid off approximately 100 staff, Insider understands. Globalization Partners, a Boston-based HR and employment platform that rivals venture-backed upstarts like Remote, has cut jobs, with one source indicating around 100 staff have been impacted. Founded in 2012 by Nicole Sahin, Globalization Partners, or G-P, was valued at $4.2 billion after raising $200 million in funding from Vista Equity Partners in January 2022. HR companies enjoyed a pandemic boom through 2020 and 2021 as firms began experimenting with hybrid work, requiring new processes and platforms. Remote, a venture-backed rival to G-P, cut 10% of staff earlier this year, Insider reported.
Abha Chiyedan is the founder of The Werk Life, a digital-media company she started as a side hustle. The Werk Life had zero followers, and I set a lofty goal of getting to 1,000 followers in three weeks. Building out my own line of products and services for The Werk Life has been my main focus. Pinterest was one of the first social accounts I started for The Werk Life. Did you leave a corporate job to become an entrepreneur or run a successful TikTok business or account?
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