AT&T: AI-Led Productivity And Capital-Light Growth (Rating Upgrade)
AT&T(US:T) Seeking Alphaยท2024-03-09 10:19franckreporter After the market slump of the second half of 2022, Big Tech started slashing employee counts by the tens of thousands in highly publicized announcements to reduce costs and improve profits while rapidly adopting artificial intelligence to enrich their products. Two of these are Meta Platforms (NASDAQ:META) and Alphabet (NASDAQ:GOOG) whose stocks were net gainers during the last three years. Data by YCharts As for AT&T (NYSE:T), despite using artificial intelligence to boost productivity, ...