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AI Hype or Reality? Shifts in Corporate Investment after ChatGPT

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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.

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  • Mickenzie Bass & Mick Dueholm & Aakash Kalyani & Serdar Ozkan, 2024. "AI Hype or Reality? Shifts in Corporate Investment after ChatGPT," On the Economy 98915, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:l00001:98915
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