The adoption of artificial intelligence (AI) has sparked discussions about its impact on the workforce. While some experts believe that AI will replace workers, others argue that it can be used as a tool to complement and aid human decision-making.
One AI tool that has helped workers in their jobs is OpenAI’s ChatGPT. Since its release in November 2020, some workers have used the AI tool to increase their productivity and revenue.
Joe Karasin, founder of Karasin PPC, reported a 75% increase in his monthly revenue since using ChatGPT. He uses the tool to research blog post information, which previously took him 2-4 hours, and now he can complete it in minutes. He has more time to allocate to his clients and prospect for new ones, leading to higher revenue.
Michael Collins, founder of WinCap, and an adjunct professor at Endicott College, used ChatGPT to expand the marketing efforts of his investment advisory firm. The tool has provided cost savings compared to revenue and output equivalent to a six-figure marketing professional. In his professorial role, Collins has used the tool to craft custom homework assignments that cannot be completed by AI.
Young Pham, a financial planner, co-founder, and senior project manager at BizReport, saves time by using ChatGPT to generate outlines for his blog posts. He has found the outlines he receives from the AI to be so good that he does not need to make many changes. His company also uses ChatGPT to generate creative copies for email marketing campaigns, resulting in better sales and increased ROI.
Luke Lintz, CEO of HighKey Agency, has implemented ChatGPT in every area of the company, which has helped to improve revenue. The sales process has become more efficient by automating many administrative tasks, such as creating summaries of sales calls. The company’s social media team uses ChatGPT to create captions for social media posts and scripts for filming. Lintz has estimated that AI will generate an additional $2 million in revenue and retain an additional $300,000 in profit this year.
AI tools like ChatGPT have aided workers in their jobs, maximized their efficiency, and complemented their decision-making. AI is not a replacement for jobs, but a tool that helps humans focus on more important tasks, leading to productivity gains and higher revenue.