> Indeed, the reported productivity benefits were modest in the study. Users reported average time savings of just 2.8 percent of work hours (about an hour per week).
> Our main finding is that AI chatbots have had minimal impact on adopters’ economic outcomes. Difference-in-differences estimates for earnings, hours, and wages are all precisely estimated zeros, with confidence intervals ruling out average effects larger than 1%. At the occupation level, estimates are similarly close to zero, generally excluding changes greater than 6%.
To me it looks like your conclusion does not follow from those quotes. Four hours per month ought to sum up to an extra week of vacation per year, even if the labour buyer takes some of it.