Texas firms use AI with little employment impact so far
Cañas, Jesus; Kerr, Emily (2024-06-25)
Learning how businesses use artificial intelligence (AI) helps policymakers understand changing economic conditions, particularly involving employment and productivity.
Dallas Fed Economics

Speech
Risk Management in a Complex and Interconnected World
Nistor, Mihaela (2024-06-11)
Keynote Remarks at the XLoD Global – New York Conference, New York City.
Speech

AI Optimism and Uncertainty: What Can Earnings Calls Tell Us Post-ChatGPT?
Kalyani, Aakash; Ozkan, Serdar; Bass, Mickenzie; Dueholm, Mick (2024-09-30)
An analysis of earnings calls shows that America’s corporate leaders are talking much more about AI. It also reveals an increase in perceived risk in this new technology.
On the Economy

AI Hype or Reality? Shifts in Corporate Investment after ChatGPT
Kalyani, Aakash; Ozkan, Serdar; Bass, Mickenzie; Dueholm, Mick (2024-10-03)
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.
On the Economy

Discussion Paper
Exposure to Generative AI and Expectations About Inequality
Emanuel, Natalia; Harrington, Emma (2024-10-02)
With the rise of generative AI (genAI) tools such as ChatGPT, many worry about the tools’ potential displacement effects in the labor market and the implications for income inequality. In supplemental questions to the February 2024 Survey of Consumer Expectations (SCE), we asked a representative sample of U.S. residents about their experience with genAI tools. We find that relatively few people have used genAI, but that those who have used it have a bleaker outlook on its impacts on jobs and future inequality.
Liberty Street Economics , Paper 20241002