Quarterly Research · April 2026
The 1Q26 Industry AI Report
A personal research project scanning public companies for AI deployments. Where is AI actually hitting the economy, which occupations are being targeted, and what is the market rewarding?
Three things I found
3.9x
Energy and Transportation produce nearly four AI winners for every underperformer. Finance and Retail are inverted. Physical-asset sectors dominate.
3.4%
Of 1,376 AI vendors tracked, only 47 serve both high-performing and underperforming companies. The vendor market has split into two parallel ecosystems with almost no overlap.
+0.02
Companies with no reported AI activity carry a higher mean Information Ratio than those deploying AI. Most companies are doing AI badly. The quiet ones are outperforming.
The report
Free · 10 pages
Industry AI Report — 1Q26
The thesis, methodology, and seven-sector summary. Anonymized. No company names.
Download PDF ↓
I publish a new AI case study every day. The quarterly report connects the dots. If this research is useful, stay close.
This is a personal research project. I scan earnings calls and SEC filings for AI deployments, map them to occupations using the U.S. Standard Occupational Classification, and correlate them with risk-adjusted market performance. The goal is to understand where AI is creating value and where it is not.
The views here are my own. They do not represent my employer or any advisory boards I serve on. This is not investing advice.
100+ AI CASE STUDIES · 4,198 COMPANIES SCANNED · SCOTT.AI
Not investing advice. Technical analysis of 1Q26 risk-adjusted performance correlated with observed AI application patterns by business focus and SOC-coded occupation. Nothing herein constitutes a recommendation to buy, sell, or hold any security. Past performance is not indicative of future results.