If You Want Your Company's Stock To Go Up, Hire Wonkier IT People
Companies hiring specialized AI talent are seeing better stock market returns, according to new Barclays research. Analysis shows firms with higher ratios of specialized AI roles to general IT positions outperformed the market, with the top quintile returning 31.78% since October 2023, beating the S&P 500 Equal Weighted index. The findings suggest that targeted recruitment of "wonky IT people" with specific skills in natural language processing, computer vision, and specialized frameworks like TensorFlow could be a subtle indicator of future stock performance, offering investors a new lens for identifying companies poised to capitalize on AI productivity gains.
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