A new HSBC study refutes concerns about an artificial intelligence bubble.

HSBC emphasized that the latest research shows 74% of companies have gained positive returns from generative artificial intelligence, which contradicts the previous claim that 95% of companies did not achieve any investment returns. The institution's analysts stated that the widely cited July MIT NANDA report data was based on insufficient data and exaggerated concerns about an AI bubble. HSBC pointed out that measuring the success of artificial intelligence is a complex task that requires a high level of methodological rigor. The study jointly conducted by the Wharton School and GBK has now entered its third phase, providing more reliable evidence that AI investments are bringing tangible productivity and performance improvements to many enterprises.