Properties of light sources based on amplified spontaneous emission (ASE) are similar to the properties of lasers in many regards. However, even though ASE has been widely studied, its photon statistics have not been settled. There are no reliable theoretical estimates or unambiguous experimental data for the second-order coherence function of photons that characterizes the coherence properties of a light source. Our computer simulation clearly establishes that, independently of pump power, the light produced by ASE is similar to that of a thermal source. This result lays bare the fundamental difference between ASE radiation and laser radiation.