Yhn BusinessLabor first seen 2 d ago, last 1 h ago, peak #1
Apollo says AI has delivered zero financial payoff outside tech
Original: Apollo says AI has delivered 'zero financial payoff' outside the tech industry
Apollo, the asset management firm, has published an economic analysis arguing that artificial intelligence has so far produced no measurable financial returns for companies outside the technology industry. The finding challenges the widespread narrative that AI adoption is already boosting corporate productivity and profits, and adds fuel to the debate over whether the massive investment in AI will pay off for mainstream businesses.
Why now: It contradicts the dominant hype around AI's economic benefits, prompting debate among investors and tech watchers.
Apollo Global Managementartificial intelligenceCorporate America
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