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26 Jan 2022 / 17:30 - 19:30

How AI Impacts Firm Growth and Innovation

Has AI been able to transform businesses over the past decade? Despite the rapid rise in commercial applications of AI, their real impact remains little understood.

This session will discuss the economics of AI: the benefits that we might expect AI technologies to bring conceptually and the benefits that we actually observe empirically. The session will present a novel way of measuring firm-level AI investments using firms' job postings and employees' resumes and then use this measure to study how AI investments relate to firms' sales, employment, and innovation.

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Anastassia Fedyk,

University of California, Berkeley, Haas School of Business

Anastassia Fedyk is an Assistant Professor of Finance at the Haas School of Business at UC Berkeley.

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