Fed study: AI’s slow productivity story fits a century-old historical pattern

Fortune•Fri, Jul 31, 2026, 12:30 PM•2 min read

Researchers at the St. Louis Fed looked through 490,000 earnings calls and saw AI productivity surged—but only in talk.

Source: [Fortune](https://fortune.com/2026/07/31/ai-productivity-doesnt-show-up-in-data-earnings-calls-st-louis-fed/)

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