Yhn BusinessFinance first seen 2 d ago, last just now, peak #1

Apollo economist says AI delivers zero financial payoff for most firms

Original: AI delivers 'zero financial payoff' to most companies, Apollo economist says

An economist at Apollo Global Management argues that artificial intelligence has so far produced no measurable financial returns for the majority of companies adopting it. The claim is drawing attention as businesses continue to pour money into AI tools while questioning whether the spending translates into profits or productivity gains.

Why now: Companies are under pressure to justify heavy AI investments amid growing skepticism about returns

Apollo Global ManagementTechCrunch

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• AI delivers 'zero financial payoff' to most companies, Apollo economist says · throwoutway · 246

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