Companies spruiking AI becoming a red flag for hedge funds - AFR
Кратко: Investors listening in on earnings calls over the last month would have been inundated with management eagerly spruiking their company’s pivot toward artificial intelligence – regardless of whether the business actually uses it. About 60 per cent of Australia’s 200 biggest companies referenced AI when talking to analysts and investors during the August earnings season, according to Goldman Sachs.
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Investors listening in on earnings calls over the last month would have been inundated with management eagerly spruiking their company’s pivot toward artificial intelligence – regardless of whether the business actually uses it.
About 60 per cent of Australia’s 200 biggest companies referenced AI when talking to analysts and investors during the August earnings season, according to Goldman Sachs. Yet only a dozen included figures in their presentation on how they are using the technology and what impact it will have on earnings.