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Extending "GPTs Are GPTs" to Firms

Author

Listed:
  • Benjamin Labaschin
  • Tyna Eloundou
  • Sam Manning
  • Pamela Mishkin
  • Daniel Rock

Abstract

We extend Eloundou et al. (2024) to build firm-level measures of exposure to large language models (LLMs) with data from two sources: Eloundou et al. (2024) for occupation-level measures of LLM exposure and Revelio Labs for firm-level employee counts by occupation. The results indicate that companies with more technology workers and AI-skilled employees tend to have higher levels of LLM exposure. We also find that differences in LLM exposure are greater between exposure categories than within them, suggesting that integrating LLMs into corporate systems may lead to significant productivity gains.

Suggested Citation

  • Benjamin Labaschin & Tyna Eloundou & Sam Manning & Pamela Mishkin & Daniel Rock, 2025. "Extending "GPTs Are GPTs" to Firms," AEA Papers and Proceedings, American Economic Association, vol. 115, pages 51-55, May.
  • Handle: RePEc:aea:apandp:v:115:y:2025:p:51-55
    DOI: 10.1257/pandp.20251045
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    More about this item

    JEL classification:

    • C45 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Neural Networks and Related Topics
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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