According to a report by Bloomberg, a Nobel Prize winner says that ChatGPT paves the way for a four-day week.
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The release of ChatGPT by OpenAI in late 2022, with billions of dollars in funding from Microsoft, is said to have led to a surge in productivity among some white-collar workers. A Nobel Prize-winning labor economist has proposed that this development might open up the possibility for a four-day workweek, reported Bloomberg.
Professor Christopher Pissarides of the London School of Economics, an expert in the impact of automation on employment, has suggested artificial intelligence tools are leading to productivity gains that might allow people to work shorter hours.
Pissarides said AI tools make a shorter workweek more feasible:
“I’m very optimistic that we could increase productivity.
“We could increase our well-being generally from work and we could take off more leisure. We could move to a four-day week easily,” he said in an interview at a conference in Glasgow.
The Italian National Authority for Personal Data Protection has announced that Italy has banned OpenAI’s ChatGPT over privacy concerns.
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