22 AI Already Has Boosted Productivity Significantly Coding assistants like GitHub Copilot and Replit AI are early success stories that have boosted the productivity and job satisfaction of software developers. AI-powered assistants are increasing the performance of knowledge workers and, interestingly, benefiting underperforming workers relatively more than high performers. Productivity of Developers On Coding Productivity of Consultants Using Gen AI In 2023 Tasks Using Github Copilot in 2023 Task Speed Task Quality E C N 1.25x E G 1.17x I L L E T N 2.2x I 1.43x AL I C I F I T AR Without Copilot With Copilot Without Gen AI With Gen AI Without Gen AI With Gen AI Task Quality, Top 50th Percentile of Workers Task Quality, Bottom 50th Percentile of Workers Sources: ARK Investment Management LLC, 2024. The data used to analyze productivity were collected from several different studies with varying numbers of participants and definitions of task quality. The sources used are Dell’Acqua et al. 2023 and GitHub 2022. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.