AI’s Impact on Shareholder Activism

By Dan McDermott

The rise of artificial intelligence – both in its investment and adoption – is driving markets. 41% of the S&P 500 companies mentioned AI in their most recent 10-K report. Yet, only around 5% of American firms of all sizes said they use AI as of February 2024. While companies opine on the promise, risks, and opportunities of AI, there remains a large gap in the successful deployment of AI tools in day-to-day business. That gap presents opportunities for investors, particularly shareholder activists.