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Big deal paper here: field experiment on 515 startups, half shown case studies of how startups are successfully using AI. Those firms used AI 44% more, had 1.9x higher revenue, needed 39% less capital: 1) AI accelerates businesses 2) The challenge is understanding how to use it https://t.co/3verMMjO3e
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"text": "🚨 Excited to share a new working paper! 🚨\n\nAI can improve individual tasks. But when does it improve firm performance?\n\nOur paper proposes one key friction firms face: the \"mapping problem\" -- discovering where and how AI creates value in a firm's production process.\n\n🧵1/ https://t.co/GfQWCOQpG9",
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