Tania Babina Releases Updated Firm-Level AI Investment Dataset and Replication Package
On September 24, financial economist Tania Babina announced a major update to her corporate AI investment measurement research program across data, methods, and open-source tools. The program stems from her 2024 Journal of Financial Economics paper (Ai, Firm Growth, and Productivity) co-authored with Fedyk, He, and Hodson, as well as the NBER working paper Canaries in the Gold Mine.
Confirmed
- The new firm-level AI investment dataset breaks AI investment into 7 sub-technology categories: general AI, machine learning, natural language processing, computer vision, generative AI, agentic AI, and other AI, with data extended through 2024
- The measurement toolkit (with Renhao Jiang and Alex He) updates search terms through 2025
- The open-source replication package is now on GitHub (jrhao7/AIproductivityreplication), covering the full pipeline for building firm-level AI investment measures, accompanying the Canaries in the Gold Mine paper
Why it matters
- This dataset is a widely used source for firm-level AI adoption measures in academia; the sub-technology breakdowns (especially generative AI and agentic AI) are included for the first time, letting researchers distinguish investment dynamics across AI types
- Open-sourcing the data and code helps other scholars replicate and extend research on corporate AI productivity, improving transparency in empirical work in this field
2026-09-24 ~ 2026-09-24 · 5 related posts
Primary sources
- [source] New firm-level AI investment dataset spans 7 AI subtechnologies through 2024 — TaniaBabina · 2026-09-24
- Updated AI measurement package tracks firm AI investment via AI-skilled hiring through 2025 — TaniaBabina · 2026-09-24
- 'Canaries' authors release updated AI investment measures through 2025 — TaniaBabina · 2026-09-24
- [source] Researchers open-source firm-level AI investment data covering 7 AI subfields through 2024 — TaniaBabina · 2026-09-24
- Firm-Level AI Adoption Measurement Data Package Updated Through 2025 — TaniaBabina · 2026-09-24