Atlanta Fed / Pitt Study: 90% of Executives Say AI Hasn't Boosted Productivity Even as Layoffs Cite AI

A study from Pitt's Mark Ma with the Atlanta Fed analyzed millions of Glassdoor reviews, thousands of financial reports and hundreds of AI announcements from US public companies over five years and found ~90% of executives believe AI has not yet boosted productivity at their firms. Stock reactions to AI-cited layoffs averaged near zero, and management optimism in ~10,000 earnings calls bore no significant relationship to productivity outcomes. AI-related employee sentiment on Glassdoor was 'much more negative' than the overall tone of reviews.