Microsoft CEO: Disregard traditional beliefs about AI—it can enhance your work productivity.

Satya Nadella, CEO of Microsoft, is passionately advocating for the significance of artificial intelligence in the workplace.

During a virtual appearance at the Fast Company Innovation Festival 2024 last week, Nadella stated that AI can help people boost their productivity right now and could take on roles, even involving decision-making, across healthcare, finance, or any other domain in the longer-term.

Nadella stated, "I don't require additional evidence to be convinced that this is effective and will have a significant impact."

Nadella's defense of AI tools, including Microsoft's Copilot, which he uses to automatically prioritize his email inbox, is not surprising. According to a recent Goldman Sachs report, investments in AI development are expected to surpass $1 trillion "in coming years," and Microsoft is a leading investor, having given OpenAI $13 billion in funding to date.

Despite the significant amount of money invested in AI tools, they have not yet proven to be effective in helping businesses increase their revenue, according to a Goldman Sachs report. Many workplaces have implemented AI tools that can improve grammar, take meeting notes, and stimulate creative brainstorming, but their impact on revenue growth remains limited.

According to Jim Covello, head of global equity research at Goldman Sachs, AI technology is costly and justifying those expenses requires the technology to solve complex problems, which it is not designed to do.

In May, Gary Marcus, a psychology and neural science professor at New York University, told CNBC's "Squawk on the Street" that complex problem-solving might be at least a decade away. He stated that AI spending is not sustainable in the long term, and AI companies need to either improve their technology or find a killer use case. However, Marcus pointed out that the performance of AI is currently unreliable, making it difficult for companies to find a viable application.

Nadella admitted that AI's advantages have not yet surpassed its drawbacks, and he stated that its impact on profits will take time to manifest. In essence, his argument was that by becoming acquainted with AI in the workplace now, you will be better prepared to take advantage of its benefits once it becomes more practical for a range of tasks beyond administrative duties.

A survey of over 10,000 professionals conducted by Slack Workforce Lab in March found that just over two-thirds of "desk workers" have never used AI technology at work, despite employees who start using it reporting increased productivity.

"Nadella stated, "I believe this is the perfect moment to deviate from traditional thinking and embrace technology. It's crucial to reflect on your ability to adapt and modify processes before diving in.""

Sign up for CNBC's online course to master your money this fall. Our practical strategies will help you hack your budget, reduce your debt, and grow your wealth. Start today to feel more confident and successful. Use code EARLYBIRD for a 30% introductory discount, extended through September 30, 2024, for the back-to-school season.

Sign up for CNBC Make It's newsletter to receive expert advice on work, money, and life.