AI the Hottest Buzzword on Q1 Earnings Calls: LightShed
AI is hot, as evidenced by the number of mentions on 71 Q1 earnings calls analyzed by LightShed, analyst Walter Piecyk told investors Tuesday. “Mentions of AI or related terms doubled in Q1 to 319 times and was mentioned on…
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nearly half the calls we tracked,” the firm said: “That’s up from 155 times on just over a quarter of the calls we tracked in Q4. This has far surpassed any buzzword we have previously tracked. Google and Meta accounted for one-third of the mentions.” Mention of inflation on quarterly calls “has declined dramatically in the last two quarters,” LightShed found. The term was mentioned in 3% of calls monitored by LightShed in Q1, compared with 62% in Q2 of last year. Recession was mentioned in 23% of calls, up from 14% the previous quarter, but that’s lower than the 32% in Q2 of 2022, LightShed said.