The process of turning AI into a general purpose technology will depend a great deal on how firms evaluate the risks and potential benefits of investing in and implementing the nascent technology.
Survey evidence shows CFOs expect remarkable productivity gains and have no plans to meaningfully reduce headcount.
But those expectations and investment thus far vary based on a firm's size and industry.
On today's episode, we talk with John Graham, professor of finance at Duke University's Fuqua School of Business, about how CFOs are approaching AI implementation, the effects on employment and productivity so far, and what we can learn from the 1990s desktop computer revolution.
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The process of turning AI into a general purpose technology will depend a great deal on how firms evaluate the risks and potential benefits of investing in and implementing the nascent technology.
Survey evidence shows CFOs expect remarkable productivity gains and have no plans to meaningfully reduce headcount.
But those expectations and investment thus far vary based on a firm's size and industry.
On today's episode, we talk with John Graham, professor of finance at Duke University's Fuqua School of Business, about how CFOs are approaching AI implementation, the effects on employment and productivity so far, and what we can learn from the 1990s desktop computer revolution.