The Impressive Impact of AI in Action
The consulting firm PwC rolled out ChatGPT to all of their employees. The goal was to use the tools on themselves before helping clients implement Generative AI tools. The results are impressive. The results can be transformative when you provide people with the latest technology tools, the skills and guardrails to use them responsibly, and the power to innovate and reinvent how they get work done. Across their business , they’ve found that people who regularly use the tools demonstrate productivity gains of 20% to 40%. With time saved, they’re able to focus on more strategic work and bring more value to clients. A Look at the Numbers Finance Their finance department saw productivity gains of 20% to 40% in accounting and tax processes, thanks to specialized GenAI tools. These tools speed up data analysis, document summarization and generation, and chat-based Q&A. For instance, one GenAI tool allows them to create first drafts of new contracts and extract key informatio...