Execs of S&P 500 companies said “AI” more than they said “earnings”… on earnings calls.
Source: Bloomberg
Tool: Excel
theflintseeker on
Technically you will find ai in the word earnings
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.
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.
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.
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.”
Rakebleed on
AI means less payroll which is more lucrative than earnings.
Mehim222 on
Because the stock market demands it. It is reactive not proactive messaging.
ETsUncle on
Never forget the anagram for “artificial general intelligence” is ” nice, I fart-uli allergic giant gas”
eilif_myrhe on
If they don’t say the buzzword, how will they be on the good side of investors?
coredenale on
I’d wager not a single one of them knows what AI is.
Bored__Lord on
I’ve listened to earnings calls and the word “earnings” is not said very frequently except when saying something like “Thanks for joining the xxxx earnings call.” Some better words to use might be “revenue,” “sales,” or “projection”. Otherwise, this isn’t r/dataisbeautiful, this is cherrypicking two specific words to drive a narrative.
gkazman on
Ai gives corporate execs the one thing they crave above all else, sycophantic yes men. AI is here to stay because c suite egos desperately need this and they will spend any amount of money to shove it down our throats.
BelgianBeerGuy on
Can we see the “sustainability” graph?
I hope it’s on a decline
oh-delay on
I can’t wait for the moment when that cure is back down in under ”earnings”.
ElectronGuru on
Can’t imagine a more perfect representation for our short cut obsessed economy and culture. I also can’t imagine a way this ends well.
It AI works, it will take over everything. Leaving no room for people. If it fails, it will drag down everything connected. Which is already everything.
ARoodyPooCandyAss on
I think the perception is that it’s some magical wand that can do anything.
helen269 on
I can hear them now:
“I, for one, welcome our new six-fingered overlords.”
Deep-Grape-4649 on
I miss my phone auto correcting “i” to “I” instead of “ai”
mion81 on
Sounds like something an AI would write.
Quesabirria on
Was probably similar during the original internet boom
21 Comments
Execs of S&P 500 companies said “AI” more than they said “earnings”… on earnings calls.
Source: Bloomberg
Tool: Excel
Technically you will find ai in the word earnings
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.
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.
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.
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.”
AI means less payroll which is more lucrative than earnings.
Because the stock market demands it. It is reactive not proactive messaging.
Never forget the anagram for “artificial general intelligence” is ” nice, I fart-uli allergic giant gas”
If they don’t say the buzzword, how will they be on the good side of investors?
I’d wager not a single one of them knows what AI is.
I’ve listened to earnings calls and the word “earnings” is not said very frequently except when saying something like “Thanks for joining the xxxx earnings call.” Some better words to use might be “revenue,” “sales,” or “projection”. Otherwise, this isn’t r/dataisbeautiful, this is cherrypicking two specific words to drive a narrative.
Ai gives corporate execs the one thing they crave above all else, sycophantic yes men. AI is here to stay because c suite egos desperately need this and they will spend any amount of money to shove it down our throats.
Can we see the “sustainability” graph?
I hope it’s on a decline
I can’t wait for the moment when that cure is back down in under ”earnings”.
Can’t imagine a more perfect representation for our short cut obsessed economy and culture. I also can’t imagine a way this ends well.
It AI works, it will take over everything. Leaving no room for people. If it fails, it will drag down everything connected. Which is already everything.
I think the perception is that it’s some magical wand that can do anything.
I can hear them now:
“I, for one, welcome our new six-fingered overlords.”
I miss my phone auto correcting “i” to “I” instead of “ai”
Sounds like something an AI would write.
Was probably similar during the original internet boom