Agentic AI has overtaken generative AI on S&P 500 earnings calls: what 5,305 transcripts show

Description and use

<p>I counted AI vocabulary on 5,305 earnings calls held by current S&amp;P 500 companies since January 2024, using speaker-by-speaker transcripts. The short version: executives have mostly stopped saying "generative AI" and started saying "agentic".</p> <div class="table-wrapper-paragraph"><table> <thead> <tr> <th>Calls held</th> <th>Said "agentic"</th> <th>Said "generative AI"</th> <th>Mentioned AI at all</th> </tr> </thead> <tbody> <tr> <td>Jan to Mar 2024</td> <td>0.2%</td> <td>16.8%</td> <td>43.1%</td> </tr> <tr> <td>Jan to Mar 2025</td> <td>6.3%</td> <td>16.0%</td> <td>52.2%</td> </tr> <t

Problem

<p>I counted AI vocabulary on 5,305 earnings calls held by current S&amp;P 500 companies since January 2024, using speaker-by-speaker transcripts. The short version: executives have mostly stopped saying "generative AI" and started saying "agentic".</p> <div class="table-wrapper-paragraph"><table> <thead> <tr> <th>Calls held</th> <th>Said "agentic"</th> <th>Said "generative AI"</th> <th>Mentioned AI at all</th> </tr> </thead> <tbody> <tr> <td>Jan to Mar 2024</td> <td>0.2%</td> <td>16.8%</td> <td>43.1%</td> </tr> <tr> <td>Jan to Mar 2025</td> <td>6.3%</td> <td>16.0%</td> <td>52.2%</td> </tr> <t

Outcome

<p>I counted AI vocabulary on 5,305 earnings calls held by current S&amp;P 500 companies since January 2024, using speaker-by-speaker transcripts. The short version: executives have mostly stopped saying "generative AI" and started saying "agentic".</p> <div class="table-wrapper-paragraph"><table> <thead> <tr> <th>Calls held</th> <th>Said "agentic"</th> <th>Said "generative AI"</th> <th>Mentioned AI at all</th> </tr> </thead> <tbody> <tr> <td>Jan to Mar 2024</td> <td>0.2%</td> <td>16.8%</td> <td>43.1%</td> </tr> <tr> <td>Jan to Mar 2025</td> <td>6.3%</td> <td>16.0%</td> <td>52.2%</td> </tr> <t

Evidence

Agentic AI has overtaken generative AI on S&P 500 earnings calls: what 5,305 transcripts show

Source