ChatGPT: The Poor will Get Richer | MIT Paper - Evidence on the Productivity Effects of

This tool has the ability to make the poor richer, and the rich poorer... ChatGPT is a generative artificial intelligence technology that can help you with a variety of writing tasks. In this paper, the authors examine the productivity effects of ChatGPT on the context of mid-level professional writing tasks.

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Experimental Evidence on the Productivity Effects of Generative Artificial Intelligence
https://economics.mit.edu/sites/defau...

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generative artificial intelligence
assistive chatbot
writing tasks
mid-level professional writing tasks
ChatGPT
productivity
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worker skills
rough-drafting
job satisfaction
self-efficacy
automation technologies
grammar
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style
ideas
organization


In a preregistered online experiment, ChatGPT was found to increase productivity by 0.8 standard deviations.
The study examines the productivity effects of ChatGPT on mid-level professional writing tasks.
81% of treated participants chose to use ChatGPT on the second task.
ChatGPT primarily substitutes for worker effort rather than complementing worker skills.
In a supplementary intervention where participants were required to spend exactly 15 minutes on each task, the treatment group increased grades by 0.39 standard deviations.
The control group exhibits persistent productivity inequality.
In the treatment group, initial inequalities are half-erased by ChatGPT access.
ChatGPT increases productivity primarily by substituting for worker effort.
After the treatment, the share of time spent writing a rough draft falls by more than half.
ChatGPT substantially increases job satisfaction and self-efficacy.
Participants in the treatment group become more worried about automation and more excited about AI enhancing productivity.
Overall, the study highlights that ChatGPT can increase productivity and job satisfaction.
ChatGPT can be used in a variety of professional writing tasks.
ChatGPT can help to reduce the amount of time spent on writing tasks.
ChatGPT can help to improve the quality of writing tasks.
ChatGPT can help to reduce the inequality between workers.
ChatGPT can help to increase job satisfaction and self-efficacy.
ChatGPT can help to increase excitement about AI.
ChatGPT can help to increase worry about automation.
Overall, ChatGPT is a promising tool for improving productivity and job satisfaction.

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