✉news TechnologyAI first seen 6 d ago, last 6 d ago, peak #12
Apollo Economist Says AI Has Zero Payoff Outside Tech
Original: Apollo Says AI Has Shown ‘Zero’ Payoff Outside Tech
Apollo Global Management's chief economist Torsten Slok has argued that artificial intelligence has produced no measurable gains in productivity or earnings for companies outside the technology sector. The assessment challenges the widespread narrative that AI is transforming the broader economy, and is drawing debate among analysts and investors weighing whether heavy AI spending will ever pay off for mainstream businesses.
Why now: Investors and analysts are debating whether massive AI investment is delivering real economic returns beyond the tech industry.
Apollo Global ManagementTorsten Slokartificial intelligence
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Evidence
- Apollo Says AI Has Shown ‘Zero’ Payoff Outside Tech · PYMNTS.com
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