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A recent study by BCG Henderson Institute and BCG X, in collaboration with Boston University, reveals how Generative AI (GenAI) can significantly enhance workforce capabilities. The research demonstrates that GenAI enables workers to perform tasks beyond their existing skill sets, leading to notable productivity improvements. Participants using GenAI support achieved an average of 86% of the benchmark set by data scientists in coding tasks, showcasing a substantial increase in performance.
The study involved 480 BCG consultants who tackled complex tasks typically reserved for data scientists, such as writing Python code and building predictive models. While GenAI proved effective in enhancing immediate task performance, it also highlighted limitations in predictive analytics. The findings suggest that while GenAI can boost productivity, it does not inherently reskill workers for independent task completion.
• Generative AI enables workers to perform beyond their current skill sets.
• Participants showed a 49-percentage point increase in coding tasks with AI support.
In the study, Generative AI was used to assist consultants in performing complex tasks typically requiring specialized skills.
The study highlighted significant productivity gains achieved by consultants using Generative AI tools.
The research noted challenges in predictive analytics when using Generative AI.
The institute conducted the study on Generative AI's impact on workforce capabilities.
It partnered in the research to explore the applications of Generative AI in enhancing workforce productivity.
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