Yhn BusinessLabor first seen 2 d ago, last 49 min ago, peak #1
Apollo: AI has delivered zero financial payoff outside tech
Original: Apollo says AI has delivered 'zero financial payoff' outside the tech industry
Apollo, the asset manager led by economist Torsten Slok, says corporate America has seen no measurable financial return from artificial intelligence outside the technology sector itself. The analysis argues that despite heavy investment in AI tools, firms in other industries have not recorded gains in profits or productivity, fueling debate over whether the AI boom is living up to its economic promises.
Why now: The finding challenges widespread expectations that AI is already boosting business profits, making it a flashpoint in the debate over AI's real economic value.
ApolloTorsten SlokCorporate Americaartificial intelligence
Evidence
Elsewhere
API: https://socialmediatrends-api.osmike.com/v1/trends/3669744