What AI Means for Companies’ Bottom Line

So when will AI show returns? As researchers predict a productivity boom fueled by generative AI, companies are starting to work out what that might look like for their productivity and their profits.

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Six months ago, companies were asking broad questions: “What is generative AI and how does it apply to our business?” said Lareina Yee, a senior partner at McKinsey. 

Without knowing all the answers, executives across industries rushed to assure analysts and investors on earnings calls following the release of ChatGPT, that they, too, had a plan in place to capitalize on the new technology.

Now the discussion is shifting from awareness and high-level strategy to more practical considerations: proving the technology works, and figuring out how to deploy it at scale.

Quick hits

• Did you call out sick on this day last week? You weren't alone — and this is why.
• What does the Barbie movie tells us about workplace culture? Here’s what columnist Julia Hobsbawm has to say.
• Shawn Fain, president of the United Auto Workers union, has declared “war” on the Detroit Three automakers, with contract demands, including proposals for a 46% raise, a return to traditional pensions and a 32-hour work week.

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Digital Nomads Are Traveling by Day and Working by Night

For some, ambitious “workcation” trips are seen as a way to make up for lost time during pandemic lockdowns. For others who choose to wander far from their home timezone, such adventures can veer off course, becoming hellish journeys to the land of sleep deprivation. We talk with a few digital nomads working overnight to keep the same hours as coworkers back home. Here’s how it’s going — and where they are working from.

Readers: Have you tried taking a “workcation” abroad? Tell us about it by joining the conversation below in the comments section.

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