5 Ways Professionals Leverage Artificial Intelligence To Save Time

Artificial Intelligence is helping professionals save time, allowing them to focus on more valuable tasks and achieve better work-life balance.

Thomson Reuters recently released its latest Future of Professionals Report, which details the current state of artificial intelligence (AI) and how AI-powered technology is changing the way professionals work. Among the report’s findings, results showed AI frees up valuable hours, professionals stand to benefit from this opportunity. We’ll explore how professionals can provide higher value through their work — and the ways they can use the extra time that AI provides to transform and reshape their careers and their lives.

How AI saves time for professionals

There’s no doubt that the use of AI is growing. Interest in the technology certainly is. Based on the responses of the professionals surveyed, 93% of professionals are excited about the potential benefits AI can bring, including efficiency gains, freed-up time, and direct ways to add value. In addition, the report predicts that 56% of their work will incorporate AI-powered tools in five years.

These professionals increasingly see that AI can provide them with several benefits — and that one of the biggest and most exciting of these benefits is how much time AI saves.

Why is extra time such a crucial benefit? In the Future of Professionals Report, 54% of respondents said that they don’t have enough time during their workdays to complete everything they’d like to achieve in their practice. They believe that the amount of time they’d save by adopting AI technology could be as much as four hours a week by next year and 12 hours a week in five years.

With its ability to pore through and analyze massive amounts of data, AI significantly reduces the time professionals need to spend on necessary but repetitive tasks such as drafting documents, conducting research, and reducing risks.[…]