AI Productivity: AI Gives 1 in 4 Business Leaders a Full Workday Back Every Week
22% of SMB leaders say AI saves them 6-10 hours in an average week 54% of SMB leaders have seen a productivity boost since implementing AI Majority of SMBS investing $1,001–$2,500 save 6–10 working hours, buying back a full...
Aliver
New survey data from Tech.co has revealed that AI productivity is giving 1 in 4 business leaders a full workday back every week.
AI reclaims back a full workday for 1 in 4 business leaders
Over half (54%) of SMB leaders have seen a productivity boost since implementing AI. But according to Tech.co’s recent survey, nearly a quarter (22%) of SMB leaders report that AI saves them 6 to 10 hours of work in an average week.
This highlights a clear productivity boost experienced by business leaders who leverage AI in their daily tasks, as these leaders are able to reclaim a full workday every single week thanks to artificial intelligence.
Greater AI spend means more time saved
A correlation emerged between the amount of money spent on AI tools and the amount of time it can save.
The majority of businesses spending $1,001–$2,500 save 6–10 hours, buying back a full day of productivity through this investment.
But those spending under $100 per month on AI typically save less than 2 hours of work weekly.
This suggests that the more money spent on AI tools, the greater the time it can save on daily tasks, as there is a limit to the level of productivity entry-level AI tools can achieve.
Top 7 tasks business leaders are automating:
(by most popular response)
Writing tasks: 29%Research: 26%Customer support: 19%Taking meeting notes: 16%Scheduling & calendar management: 16%Money & bookkeeping: 15%Staffing & team admin: 13%Greater reliance on AI for time-consuming tasks
According to Tech.co’s findings, more time-consuming tasks such as writing and research were found to be the most popular use of AI among business leaders, whereas typically quicker admin tasks such as team admin and calendar management were at the lower end of the AI-use scale.
This data signals business leaders are beginning to rely more heavily on AI for longer time-consuming tasks, not just quicker admin work.
Customer support sees the greatest AI productivity boost
80% of business leaders who replaced customer support with AI saw improvements in productivity.
This could mean more businesses may be at risk of losing human-first communication when dealing with customer support issues.
Businesses appear to be prioritizing the speed and efficiency that AI-enhanced customer support can offer.
Tech.co’s Editor, Jack Turner, comments:
“Our latest research at Tech.co has cut through a lot of the noise around AI and shown that there are real, tangible benefits, which could make huge differences to companies that adopt the tech.
With 22% of SMB leaders saying AI saves on average 6 – 10 hours a week, it makes the promise of a four-day week ever closer.
In addition, the value of this time at between $1,001–$2,500 is likely to make AI-sceptics sit up and take notice.“
