Genies has also been conducting unofficial ChatGPT workshops for employees.
Artificial intelligence has been developing rapidly in the past few months, especially since the launch of ChatGPT. OpenAI’s chatbot is being widely used and users are asking it to write essays, speeches and even solve exam questions. There are fears that AI will take away millions of jobs and many tech entrepreneurs, including Elon Musk, have spoken out against its spread. But Akash Nigam, CEO of Startup Genies, has opted to spend $2,400 (Rs 1.96 lakh) per month on ChatGPT Plus subscription for every employee of the company. insider,
Since March, Mr. Nigam has pushed all departments in his company — engineering, product, finance, design, R&D and accounting — to familiarize themselves with ChatGPT to increase productivity. Shop said further.
“I’m a very frugal, tight-fisted person. But in my mind, it’s for the health and growth of the company,” he told Insider.
Mr. Nigam said that he has already seen an uptick in tasks after all 120 employees of his company started using the AI system.
Different departments of Genies use ChatGPT to make daily tasks easier. For example, the R&D group has used an AI-powered chatbot to solve math and coding problems and create presentation scripts. Staff members also use it to brainstorm projects, draft legal documents such as corporate regulations, and research technical issues.
Genies has also been conducting informal workshops, where employees adept at using ChatGPT teach their less experienced colleagues how to use the AI to accomplish various tasks.
While there are concerns about the rapid spread of AI, a recent research funded by Stanford University and the Massachusetts Institute of Technology found that 14 percent of employees who used ChatGPT in their workflow saw an increase in their productivity.
The study also found that the least experienced and least skilled employees were able to complete tasks 35 percent faster.