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What is productivity, and how do you measure it?
Productivity, or lack of it, is a key issue for economies across the globe. Productivity is good for individuals, companies and countries, according to economists.

Can AI actually increase human productivity? | World Economic Forum
However, productivity of cognitive labor is harder to measure. Statisticians who compile GDP and productivity statistics sometimes resort to valuing the output of cognitive activity simply by assuming it is proportional to the quantity of labor input being used to produce it, which of course eliminates any scope for productivity growth.

These are the surprising benefits of a four-day working week | World ...
Back in 2019, Microsoft Japan introduced a four-day working week and reported a 40% boost in productivity. There were similar results from the global trials in 2022 with employees committing to cover 100% of their normal work in 80% of the time.

6 work and workplace trends to watch in 2024 | World Economic Forum
Productivity boosts are expected in knowledge-heavy industries, including IT and digital communications, financial and professional services, medical and healthcare services, retail, manufacturing, engineering and construction, energy and logistics.

Remote working - does it make us more or less productive?
Getting back into the office might be the best thing for many people, their employers and for productivity, according to ADP Research, a US-based labour market analyst. Its report, On-site, Remote or Hybrid: Employee Sentiment on the Workplace , is based on data from 9,000 employees in the US and concludes that: “On the whole, employees ...

Does working fewer hours make you more productive?
It reveals that productivity is highest when people spend fewer hours working. The relationship between hours worked and productivity has interested economists for many years. But a new paper by John Pencavel of Stanford University, based on a set of data compiled during the First World War, may have the answers they have been searching for.

Boosting productivity is only the sideshow for AI: Transforming good ...
Public attention has largely been on increasing productivity with accelerating outputs. But the real potential lies in the decision-making processes that precede that. Here, AI can augment what humans are capable of – taking them from average to great, making novices as proficient as experts – rather than rendering them obsolete.

Happy employees are more productive, research shows
Its six month study of 1,800 call centre workers at British telecom firm BT found a clear causal effect of happiness on productivity. The workers were asked to rate their happiness each week via an email survey comprising five emoji buttons, from very sad to very happy.

Will AI make it easier to get productivity growth we want?
AI's contribution to productivity growth will rely on three key factors – automation, scientific discovery and global AI adoption rates. Artificial intelligence, or AI, is not new. The term was coined by John McCarthy during the legendary Dartmouth Conference in 1956 , where some of the brightest minds in computing science gathered to discuss ...

How flexible working can unlock productivity and growth | World ...
Continued focus on output, delivery, productivity and business growth is a given. Merck is driving this agenda successfully, offering its employees a variety of flexible working options so they can ‘adapt to their priorities in life'.