Goldman finds ‘no meaningful relationship between AI and productivity at the economy-wide level,’ but a 30% boost for 2 specific use cases

Corporate America is talking about artificial intelligence more than ever, but a new analysis by Goldman Sachs reveals a stark divide between boardroom hype and macroeconomic reality.

In a research note analyzing fourth-quarter earnings, senior U.S. economist Ronnie Walker noted that discussions surrounding AI completely overshadowed what was fundamentally a strong quarter, with core corporate revenues (excluding the energy sector) growing by a robust 4.6% year over year. Amid this market fervor...