Artificial intelligence (AI) is reshaping the American workplace, driving a surge in productivity across industries. As businesses embrace AI, we’re seeing a significant increase in efficiency, leading to increased output and revenue.
A New Era of Productivity
The U.S. Labor Department has reported a consistent rise in worker output per hour, with a 2% increase in the third quarter of 2024 compared to the previous year. Thanks to the widespread adoption of AI technologies, this trend is evident in various sectors.
Business owners are at the forefront of this AI-driven transformation. Vic Viktorov, owner of a Boston-based gym experienced a 30% revenue increase in 2024 without adding to his sales team. He credits AI with streamlining tasks and freeing up his team to focus on more strategic work.
Similarly, Manish Bhandari, CEO of Novae, a trailer manufacturing company in Indiana, attributes the 35% increase in output per worker at their new facility to the implementation of advanced technologies. He emphasizes that success comes from “hundreds of small decisions,” and AI helps them make those decisions more efficiently.
Technology is not the sole driver of the productivity boost. The influx of international workers has also played an important role in filling labor-intensive positions and allowing other workers to move into higher-skilled roles.
Additionally, the surge in new business formation has contributed to innovation. The Census Bureau reported 157,678 “high-propensity” business applications in November, a nearly 50% increase from pre-pandemic levels. These new businesses are more likely to embrace innovative technologies and “do radical things,” according to University of Maryland economist John Haltiwanger.
The benefits of AI extend beyond manufacturing. In the retail sector, AI-powered chatbots assist customers and improve the shopping experience. In healthcare, AI is being used to develop new drugs, diagnose diseases, and personalize treatment plans. And in the financial services industry, AI is being used to detect fraud, assess risk, and automate customer service.
While some worry about job displacement, particularly in sectors like manufacturing and transportation, the overall trend seems to be one of reshaping rather than reducing the workforce. As AI automates routine tasks, workers are increasingly freed up to focus on more complex and creative work.
AI isn’t about replacing humans; it’s about empowering them.
As it takes over routine tasks, human workers are liberated to focus on more complex, creative, and strategic endeavors. This is where the true potential is unlocked.
Think about it: instead of getting stuck in repetitive, time-consuming activities, your team can dedicate their energy to innovation, problem-solving, and strategic growth.
That’s where Filta can help you out. Our Employer of Record (EOR) services, can connect your business to brilliant talent pools across the globe, like the Philippines and Colombia. This means you can tap into specialized skills and diverse perspectives, helping your workforce strategically and efficiently.
By using AI for routine tasks and partnering with Filta for global talent acquisition, you’re not just playing it small. You’re building a more productive workforce, expanding your business reach, and achieving a scale that was previously unimaginable.
It’s not humans versus AI; it’s humans using AI to achieve extraordinary things.
Reach us today via www.filtaglobal.com to learn more about how our Employer of Record solutions can help you to drive your business forward and achieve your global goals.
Whether we like it or not— the AI revolution is here, and it’s changing the way we work.
Businesses that embrace AI are already reaping the benefits of increased productivity, efficiency, and innovation. As this continues to evolve, businesses need to stay ahead of the latest developments and explore how they can leverage AI to drive their own growth.
For more updates, visit www.filtaglobal.com.
