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30% Productivity Boost: The AI Advantage

Goldman Sachs reveals how early AI adopters are outpacing competitors - and what you can learn from them

⏱️ Your Morning Brief (TL;DR)

Welcome back AI-curious executives!

Remember when everyone thought open offices would revolutionize work, and then we all bought noise-canceling headphones? The AI hype cycle feels a lot like that right now. This week, we've filtered out the noise on AI to bring you insights that matter to your business.

Here’s what’s in store for you this week:

  • We dive into a Goldman Sachs report on how only 6.1% of US companies use AI, but those who do see 30% productivity gains — creating a competitive divide as early adopters pull ahead.

  • 6 interesting posts from the AI world

  • Learn how NotebookLM can turn dense research documents into an interactive podcast

 💡 This Week’s Deep Dive

Only 6.1% of Companies Currently Use AI

Where does your company stack up? While most companies hesitate, early AI adopters are seeing a 30% productivity boost, widening the competitive gap daily. Goldman Sachs' latest report reveals that despite initial hurdles, companies successfully implementing AI are transforming their operations and outpacing competitors.

Adoption by Industry & Company Size

  • Leading Sectors: Finance and insurance firms show highest growth in adoption.

  • Declining Sectors: Information, education, and manufacturing report decreased adoption

  • Large Enterprise Edge: Companies with 250+ employees have 10% adoption rate and expected to increase significantly in next 6 months

What’s working?

  • Clear Problem Focus: ServiceNow cut customer service resolution time by 80% with AI - targeting specific pain points for measurable results.

    Quick Wins First: Companies prioritize existing AI tools for immediate value, like financial firms using AI to rapidly update models.

    Culture of Learning: Treat AI implementation as continuous improvement through testing and iteration.

    People-Centric: Train employees to work alongside AI, positioning it as an augmentation tool rather than replacement.

What’s Holding Companies Back

  • Cybersecurity Concerns: Primary worry for small and mid-sized businesses

  • ROI Uncertainty: Difficulty identifying profitable use cases

  • Understanding Gap: Companies often unaware of existing AI capabilities

  • Perceived Complexity: AI implementation seen as intimidating

  • Cost Misconceptions: Assumptions about high implementation costs

GPTLDR Takeaways

Still on the AI sidelines or feeling behind? Don’t sweat it, start strategic, start small:

  • Focus on specific business challenges with clear ROI potential

  • Begin with high-impact, low-complexity projects

  • Prioritize applications in developer efficiency, customer service, or data analysis

  • Get your data infrastructure in order

  • Invest in workforce AI training and upskilling

  • Create safe spaces for experimentation and learning

📚 Interesting Reads

 🛠️ AI Tool of the Week

Ever wished your dense research documents could turn into an interactive podcast? Google's NotebookLM is making that possible. This free AI research assistant transforms your PDFs, web links, and documents into conversational content with a neat twist – you can now interrupt the AI presenters to ask questions.

Here's what makes it interesting: Instead of just passively listening to AI voices break down complex topics, the new "interactive mode" lets you jump in at any point. Think of it as having two knowledgeable colleagues discuss your research material, but you can tap them on the shoulder whenever you need clarification.

Quick setup:

  1. Upload your materials

  2. Hit "audio overview"

  3. Enable interactive mode

  4. Ask questions anytime

Whether you're digesting quarterly reports or technical documentation, NotebookLM adapts to your preferred format – from brief summaries to detailed study guides. Perfect for teams who need to quickly grasp complex information or leaders looking to make dense material more engaging. Try it out here.

 🤔 AI Thoughts

GPTLDR’s take - "It's not the strongest who survive, but the most adaptable" rings especially true in today's AI era. The winning move is replacing rigid hierarchies with small, empowered teams who can harness AI for rapid decision-making and execution.

 👋 Until Next Week

To wrap up this week. Early AI adoption might feel like jumping off a cliff with a parachute you haven't tested. But as Goldman's research shows, the bigger risk might be standing on the edge too long while others learn to fly.

Stay curious,
Steve

P.S. - Reply with your biggest AI challenge – we'll tackle it an upcoming deep dive.
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