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☆ Most company executives don't care if employees use ChatGPT to do a second job – as long as they get their work done
▼ + stars: | 2023-09-20 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

C-suite executives don't care if their workers use AI to do multiple jobs, a new edX survey finds. The findings come as companies seek to hire workers with AI expertise to boost productivity. AdvertisementAdvertisementThe freedom to work multiple jobs isn't the only perk employers are willing to grant their workers with AI chops. Workers familiar with AI may be expected to, say, create higher-quality work, or to produce higher volumes of work in a shorter amount of time. AdvertisementAdvertisementAs for executives, some have already encouraged their workers to learn how to use AI to boost their companies' bottom lines.

Persons: edX, execs, ChatGPT, —, Akash Nigam, Anant Agarwal Organizations: Service, Workers, Companies, Netflix, ChatGPT, CNBC Locations: Wall, Silicon, edX

☆ 10 ways artificial intelligence is changing the workplace, from writing performance reviews to making the 4-day workweek possible
▼ + stars: | 2023-07-27 | by ( Aaron Mok | ) www.businessinsider.com time to read: +13 min

Here are 10 ways AI tools such as ChatGPT have entered the workplace — and what may come out of it. Nick Patrick, the owner of the music-production company Primal Sounds Productions, told Insider he used ChatGPT to fine-tune legal contracts for clients. "You really got to find time to, like, learn this skill," Nigam previously told Insider. Companies are using AI to write their performance reviewsManagers may find writing performance reviews for their employees a tough task. He told Insider: "Any technology that increases productivity, ChatGPT included, makes a shorter workweek more feasible."

Persons: OpenAI, Nick Patrick, Shannon Ahern, hadn't, Jensen Huang, Huang, Akash Nigam, Nigam, Neil Taylor, ChatGPT, Taylor, Insider's Beatrice Nolan, Nolan, would've, Jasmine Cheng, Cheng, WorkLife, Carl Benedikt Frey, Michael Chu, iHeartMedia, Goldman Sachs, Goldman, Suumit Shah, chatbot, Anu Madgavkar, Richard Baldwin, Fran Drescher, Jezebel — Organizations: Morning, IBM, Workers, Primal Sounds Productions, Google, Twitter, Companies, Employers, Nvidia, ChatGPT, Sky News, Hulu, Spotify, Mobile, Oracle, Columbia Business School, McKinsey Global Institute, Apple, JPMorgan, Northrop Grumman, AIs, Writers Guild of America, SAG, Journalists, GMG Union of, Media Locations: Taipei, Taiwan, Oxford

☆ Why waiting for A.I. laws, regulations from government could be a catastrophic mistake
▼ + stars: | 2023-07-19 | by ( Mikaela Cohen | ) www.cnbc.com time to read: +8 min

Sam Altman, chief executive officer of OpenAI, parent company of ChatGPT, warns AI poses risk of human extinction, and Geoffrey Hinton, known as the "godfather of AI," cautions that AI can bring a dangerous future. These AI leaders and others support intervention from the federal government and other industry leaders before AI proliferates throughout society. With rapid growth, Palmer said companies of all sizes need to track AI efforts and disclose the information publicly. After a company has established metrics for tracking AI, or even while it's figuring that out, companies need to do a risk assessment for AI, Palmer said. "Within most companies, AI doesn't have an owner," Palmer said.

Persons: Sam Altman, Geoffrey Hinton, Altman, Asha Palmer, Palmer, Genies, Akash Nigam, Nigam, we've, ChatGPT, François, Candelon, Let's Organizations: OpenAI, CNBC, Google, Microsoft, Samsung, Organization for Economic Cooperation, IT, Boston Consulting Group's Henderson Institute Locations: Washington , DC, OpenAI, Japan

☆ Billionaires and CEOs descended on Beverly Hills to talk recession, bank failures, and more. Here's the inside track.
▼ + stars: | 2023-05-07 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

On the agenda today:But first: The big takeaways from the Milken Institute Global Conference in Beverly Hills. Senator Joe Manchin (D-WV) speaks at the 2023 Milken Institute Global Conference Mike Blake/ReutersThe big-money set jetted into LA last week for the Milken Global Conference. Biggest opportunityCampbell: The pullback in lending by banks is raising the hopes of those in the private credit industry. Read more:'Junk fees'Getty ImagesIt goes by many names: an administrative fee, a transaction fee, even a "regulatory compliance" fee. Akash Nigam, the founder and CEO of Genies, who is spending $2,400 a month on ChatGPT accounts for all his employees.

☆ It's not AI that is going to take you job, but someone who knows how to use AI might, economist says
▼ + stars: | 2023-05-03 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

AI won't take your job — if you know how to use it, economist Richard Baldwin said at the World Economic Forum's Growth Summit. He believes AI can uplift the middle class and will affect every job. "AI won't take your job," Baldwin said during a panel at the 2023 World Economic Forum's Growth Summit. Baldwin's thoughts on AI come as generative AI tools like ChatGPT have sparked debate over whether the tech will replace jobs. Given the meteoric rise of generative AI tools, it's only a matter of time before rote tasks will be eliminated.

☆ A CEO is spending more than $2,000 a month on ChatGPT Plus accounts for all of his employees, and he says it's saving 'hours' of time
▼ + stars: | 2023-05-01 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Akash Nigam, the founder of Genies, purchased ChatGPT Plus accounts for all of his 120 employees. A CEO is spending thousands each month buying ChatGPT Plus accounts for every single employee at his company — and he says he's already seeing gains. While it has only been a month since Genies' employees have had their accounts, Nigam said he has "already seen many tasks get accelerated." The employees that are "using AI effectively" will be up for a promotion and raise, he said. Even Microsoft is letting employees use ChatGPT — as long as they don't share confidential information with the tool.

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