When you see a little bit of hand-wavy finance, that's when someone's talking about the shiny new thing. You're into AI? Great. Thank you, Coca-Cola or whoever. We're all into AI. So I looked into this basically on earnings calls, ESG is out on it and AI is in. Faxet looks at mentions of these things. 156 mentions in quarter four of 2021 of ESG. That's been cut in half in the first quarter of this year. However, when we're looking at AI mentions, that's 2x from last year,. About 400 mentions in quarter 4 of 2022 and then over a thousand mentions in the latest quarter
S&P 500 companies mentioned “artificial intelligence” more than 1,000 times in the latest quarter, which is more than double from last year. Ricky Mulvey and Anand Chokkavelu took a look at the techniques behind “hand-wavy finance,” and how companies like to capture your attention. They discuss: - How Apple repeatedly “blew away” Wall Street analysts - The big bath strategy for reporting bad news - What previous hype cycles can teach investors about the latest, shiny new thing Companies discussed: AI, KR, GE, AAPL, META Host: Ricky Mulvey Guest: Anand Chokkavelu Engineer: Rick Engdahl
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