Mmastodon BusinessEconomy first seen 6 d ago, last 6 d ago, peak #5
Slok analysis finds AI has delivered little economic benefit outside tech
Original: A new analysis by Apollo Global Management economist Torsten Slok argues that artificial intelligence has not yet yielde
A new analysis by Apollo Global Management economist Torsten Slok argues that artificial intelligence has not yet produced measurable economic benefits beyond the tech industry. Examining S&P 500 companies while excluding major tech giants such as Apple, Microsoft and Nvidia, Slok finds little evidence of AI-driven gains in the broader economy. The findings are fueling debate about whether heavy AI investment will pay off.
Why now: It challenges widespread assumptions that AI is already boosting the wider economy, amid enormous AI investment.
Torsten SlokApollo Global ManagementAppleMicrosoftNvidia
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