• Media type: E-Book
  • Title: Automation and Stock Prices : The Case of ChatGPT
  • Contributor: Blomkvist, Magnus [Author]; Qiu, Yetaotao [Author]; Zhao, Yunfei [Author]
  • Published: [S.l.]: SSRN, [2023]
  • Extent: 1 Online-Ressource (11 p)
  • Language: English
  • DOI: 10.2139/ssrn.4395339
  • Identifier:
  • Keywords: Automation ; Artificial Intelligence ; ChatGPT ; Stock Market Reactions
  • Origination:
  • Footnote: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 21, 2023 erstellt
  • Description: This study examines the impact of ChatGPT’s introduction on stock prices. Following the introduction, firms operating in industries with workforces more substitutable to AI techniques are associated with significantly negative stock returns. We attribute the negative share price reaction to the increased competition from the new technology
  • Access State: Open Access