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Alex X, He ; Anastassia, Fedyk ; James, Hodson ; Tania, Babina. (2022) Artificial Intelligence, Firm Growth, and Product Innovation.
In: NBER Chapters. RePEc:nbr:nberch:14773.
Full description at Econpapers
cites:
Timeline of AI investments at JPM. As highlighted by Figure A2, investments in AI at JPM began at the turn of the century, with a steady increase through the first decade turning into an exponential growth in the second decade. The explosion in AI investments at JPM during the 2010s is marked by the acquisition of the multimedia recommendations patent in 2011; an underscoring of the risks associated with data security following a data leak in 2016; and finally the establishment of a dedicated AI research initiative (Machine Learning Center for Excellence) spearheaded by Dr.
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