Do not expect it to raise your pay or your margin for you. The research is blunt: the gain goes to whoever deliberately banks it, and mostly no one does yet.

I guess they’re talking to CEOs and the like, because for many of us efficiency gains have not borne any relation to pay for 15 years or more. It’s Hacker News after all, where the existence of people who work for pay tends to be forgotten.

With each of these studies, I am coming to believe more and more strongly that there is a large body of work being done that simply does not need to be done, and that all work that LLMs can do is a subset of that unnecessary work.

Aim it at the tasks it is genuinely good at. First drafts, summaries, structured writing, customer replies, boilerplate. That is where the measured wins live, and they are large.

Emphasis mine. As a customer: fuck off.

This article is AI slop.

The actual paper is here: https://www.nber.org/papers/w33777

To be honest AI gave me a job by making the company profitable at the right moment so I won’t complain too much