Aleh Tsyvinski's research on the "AI premium" covered by NPR's Planet Money
Yale Jackson economics professor Aleh Tsyvinski and coauthors analyzed 380 trillion AI tokens to trace how AI usage is reshaping stock prices — finding an 'AI premium' that reached far beyond the tech sector into industries across the economy."
- Published
- Author
- Greg Rosalsky
…The companies seen as the biggest AI beneficiaries have enjoyed higher stock returns — a pattern the researchers call an "AI premium." More interestingly, [the researchers] find it's not just tech stocks that appear to earn that premium. Their findings suggest investors expect AI to benefit a wide range of companies and industries across the economy.
"The story of AI is no longer just a Silicon Valley story," Tsyvinski says about their paper's findings. "Financial markets already see Main Street being impacted."
What's most exciting about this study is probably less its findings and more that it offers a glimpse into future research possibilities.
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Yale Jackson economist Aleh Tsyvinski uncovers an "AI premium" in the stock market
A new analysis of 380 trillion AI tokens by the Yale scholar shows financial markets are already rewarding companies best positioned to benefit from AI adoption.
Affinity Africa Report — The State of Cash Dependency and Digital Financial Inclusion in Africa
Affinity Africa, Ghana’s leading digital banking platform, has released a new report in collaboration with the Mo Ibrahim Foundation and Yale’s International Leadership Centre examining the drivers and impacts of cash dependency in Africa and the steps required to address it.
Transatlantic dialogue in an age of disruption: The 2026 TAB conference
Yale Jackson leaders joined partners in Bologna for two days of discussion on AI governance, economic resilience, and how democracies can navigate an era of strategic competition.