Academic Director, Wharton Interactive, Pennsylvania Uni "I gave myself 30 minutes… on a single business project. And what it accomplished was superhuman." "I was able to do this … without any specific technical knowledge… I just asked for what I wanted, and the AI provided it." "That means almost everyone else can do it, too" "A study of programmers found an increase of 55.8% in productivity when using AI" "a second study asked professionals to write realistic memos, strategy documents and policies. The ones who were given ChatGPT completed tasks 37% faster, and their average writing quality increased as well." From One Useful Thing, Ethan's blog.

Director of Stanford - AI, Robotics & Education (AIRE) "If you don't use these tools [AI], then you cannot really compete with anyone like other people." "There's a few things we need to change. One is that we need to start teaching AI Thinking as early as possible." "We still use the same way to teach…the more I think about it, the more I feel like we need to push to change that."Survival Strategies in the Era of AI Taught by Stanford | Stanford AIRE Director

ChatGPT churned out ideas 40 times faster than individual humans The average quality of ChatGPT's ideas, as rated by target consumers, was significantly higher Strikingly, 87.5% of the top 10% highest rated ideas came directly from ChatGPTIdeas are Dimes a Dozen: Large Language Models for Idea Generation in Innovation For an extended summary or the original paper, please click here. Link to source: "Ideas from Artificial Intelligence: ChatGPT for Innovation" Extended summary Abstract ChatGPT crushes students in speed and quality of new product ideas Vast majority of top ideas from ChatGPT, not humans Providing examples turbocharges ChatGPT performance 🚀 Implications: AI may revolutionize innovation management Introduction Humans vs. Robots in the Idea Lab Could weaknesses of large language models (LLMs) like GPT-3 become strengths for ideation? 🤖 Our hypothesis: LLMs will be excellent at generating innovative new product ideas 🔬 Our experiment: Pit ChatGPT against real students Approach Inside the Idea Tournament 200 student ideas from real 2021 product design course Prompt ChatGPT similarly to students 100 vanilla ideas from ChatGPT 100 ideas "spiced up" with high quality examples Consumer survey to score ideas 📊 Statistical matchup: Humans vs. AI Results: ChatGPT Crushes Human Productivity ⚡️ Lightning Fast Idea Generation Students: 5 ideas in 15 minutes ChatGPT: 200 ideas in 15 minutes ChatGPT 40X more productive than humans alone 😲 Implications: Humans + AI far outpace humans alone Idea Quality: ChatGPT Generates More Hits 📈 Higher Average Quality than Students 🔝 11% Better Top Idea than Humans 🏆 35 of Top 40 Ideas from ChatGPT 😎 Implications: Leverage AI's strengths in creative ideation Limitations and Next Steps Students vs. innovation professionals Consumer products only Watch out for inappropriate content Analyze similarity of ideas 💡 Ideas: Fine-tune AI on company data, test other domains Conclusion: Embrace the AI Innovation Assistant 👩‍💻 Team up with AI to crush innovation challenges ⚙️ Shift focus from ideation to evaluation 🎉 Implications: AI propels innovation productivity and quality