Unless you've been living under a rock for the past two years, you've at least heard the term AI (artificial intelligence). By now, you might even be using AI tools to make your workflow more efficient or to simplify everyday tasks.

Open AI's ChatGPT was one of the first AI tools to hit the market and it has since exploded in popularity among the middle class and wealthy, alike. Today, many other tech giants have followed suit and have started developing their own AI tools.

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While generative AI tools have only been around for a short time, they're already changing the way the most successful billionaire CEOs manage their day-to-day tasks.

Here are ways Mark Cuban, Bill Gates and Tim Cook are each using AI to build wealth through increased productivity.

Mark Cuban Uses Google's Gemini for Communications

Mark Cuban, entrepreneur, investor and star of "Shark Tank," is a recent adopter of AI. His preference? Gemini, Google's latest generative AI assistant.

Cuban reportedly receives thousands of emails per day, "a lot of which are repetitive," he said to CNBC Make It. The AI tool helps him power through his inbox and manage his communications more efficiently. He started using the Gemini feature in Gmail when it was introduced a few months ago he said it's the "ultimate time-savings hack."

"It's reduced the need for me to write out routine replies," Cuban said. "I can spend 30 seconds evaluating its response and hit 'send' versus typing it all out myself."

Bill Gates, former CEO of Microsoft, is famous for taking takes using pen and paper. Though, he has also come to realize the benefits of AI when taking meeting notes.

Today, Microsoft's Intelligent Meeting recap tool is one of Gates' favorites. According to Microsoft, the AI tool can identify sections of recorded meetings and summarize them. After a meeting concludes, a bar of AI-generated topics synchronized to the recording appears below the meeting video.

"I'd say the feature I use the most is the meeting summary, which is integrated into [Microsoft] Teams, which I use a lot," he explained to The Verge. "The ability to interact and not just get the summary, but ask questions about the meeting, is pretty fantastic."

Tim Cook Uses Apple Intelligence To Summarize Emails

For Apple CEO Tim Cook, Apple's new AI feature saves him lots of time when it comes to responding to his roughly 800 emails per day.

Apple Intelligence is touted as "AI for the rest of us." With iOS 18, this AI feature is built into your iPhone, iPad and Mac to help you write, express yourself and get things done effortlessly.

"If I can save time here and there," he said to the Wall Street Journal, "it adds up to something significant across a day, a week, a month." Even before Apple Intelligence was released, it transformed his productivity and daily habits. "It's changed my life," Cook explained. "It really has."

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This article originally appeared on GOBankingRates.com: 3 Ways Mark Cuban and Other Billionaires Use AI To Build Wealth

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