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    Corporate America's love affair with AI is officially a full-blown obsession [OC]
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    Corporate America’s love affair with AI is officially a full-blown obsession [OC]


    Execs of S&P 500 companies said "AI" more than they said "earnings"… on earnings calls.

    Source: Bloomberg
    Tool: Excel

    Posted by chartr

    View 8 Comments

    8 Comments

    1. chartr on

      Execs of S&P 500 companies said “AI” more than they said “earnings”… on earnings calls.

      Source: Bloomberg
      Tool: Excel

    3. Dyn-O-mite_Rocketeer on

      The fun part will come when all the useless C-suites have to backtrack on layoffs because firing someone and replacing them are two very different things.

    4. DoubleSkew on

      If the average earnings call is ~50 minutes…

      4,927 mentions breaks down to an average mention of AI about every 5 minutes.

      Crazy considering only 2 out of the 11 sectors of the S&P 500 are tech-related.

    5. wwarnout on

      So, these CEOs are happy with a technology that make money for them (no surprise there), even though AI is only accurate approximately 60% – 70% of the time.

      That says a lot about their motivations.

    6. Southernbelle5959 on

      And they keep asking employees to incorporate it more into their tasks, while not understanding that AI can’t always do that. I don’t need AI to write an email for me that says, “see attached.”