Skip to content
Artificial Intelligence

Artificial Intelligence Promotes Growth and Success

Berkeley Haas Assistant Professor Anastassia Fedyk and co-authors found that firms that invested more in artificial intelligence technology increased sales and employment, leading to higher levels of industry concentration.

Increasingly, artificial intelligence technologies are being used in various industries to carry out various business tasks, including targeting online ads, making predictions, and risk-assessment.

The study found that companies investing more in AI technology had higher growth rates from 2010 to 2018.

At the University of California, Berkeley, you can work towards becoming tomorrow’s global leader. Click to know more about the Berkeley Executive Program in Management (Berkeley EPM).

Michigan Chief Technology Officer Program
Back To Top