The European Business Review

HOW PRODUCTIVE IS GENERATIVE AI REALLY?

Technology automation is not a zero-sum game. Technology replaces tasks to improve productivity and ultimately generate a bigger pie to enjoy.

For Slidor, a French communication company created a few years ago, 50% of its corporate graphic marketing presentation is already done by MidJourney.1 This intensive use of generative AI is also visible in the same proportion for the codes written by Copilot within GitHub.2

Needless to say, this extensive use of generative AI is invading the enterprise world at a rapid pace. It may also have created its “I-phone moment” in the process: while most digital technologies have focused on “routine” technologies, new generative AI systems such as MidJourney, Stable Diffusion, You, OpenAI's ChatGPT, and DALL-E are automating creative tasks such as content image generation or software coding that were thought to be largely isolated by the first generation of neuronal AI.

In recent scholarly articles in world-renowned journals such as the American Economic Review3 and the Journal of Human Capital4 in 2018, star economist Daron Acemoglu had already warned that the traditional assumption that “highskilled workers are protected from automation because they specialise in more complex tasks requiring human judgement, problem-solving, and analytical skills” might be a dubious narrative. Powerful generative writing tools

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