AI Hype or Reality? Shifts in Corporate Investment after ChatGPT

Mickenzie Bass, Mick Dueholm, Aakash Kalyani and Serdar Ozkan

On the Economy from Federal Reserve Bank of St. Louis

Abstract: An analysis of earnings calls shows a sharp rise in AI-related chatter among U.S. corporate executives. But this increase doesn’t appear to be matched by a similar rise in capital and R&D spending.

Keywords: earnings calls; artificial intelligence (AI) (search for similar items in EconPapers)
Date: 2024-10-03
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:98915

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