AI as Shared Business Infrastructure: Firm Growth and the Distribution of Gains -- by Panle Jia Barwick, Lu Fang, Jinhan Liu, Huilan Xu, Zhe Yuan

The paper only reflects the opinion of the authors and all remaining errors are the responsibility of the authors. We are grateful to various seminar participants for valuable comments and discussions. Lu Fang acknowledges financial support from the National Natural Science Foundation of China [Grants 72501258 and 72192803], the Major Special Project in Philosophy and Social Sciences of the Ministry of Education of China [Grant 2026JZDZ020]. Zhe Yuan acknowledges financial support from the National Key Research and Development Project [Grant 2024YFB3312900], the National Natural Science Foundation of China [Grants 72673168 and 72141305], Major Project of the National Social Science Fund of China [Grant 25 & ZD149 and 26ZDA030]. We thank various conference and seminar participants for their helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.