Yhn BusinessFinance first seen 2 d ago, last 1 h ago, peak #1
Apollo economist says AI brings zero financial payoff to most firms
Original: AI delivers 'zero financial payoff' to most companies, Apollo economist says
An Apollo Global Management economist argues that artificial intelligence has so far delivered little or no financial benefit to the majority of companies adopting it, despite heavy investment across the corporate world. The claim, picked up by TechCrunch, is fueling debate about whether AI spending will ever translate into measurable profits or whether current enthusiasm amounts to overinvestment.
Why now: It challenges widespread expectations that AI investment is producing real returns, resonating amid concerns of an AI bubble.
Apollo Global ManagementTechCrunchartificial intelligence
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- AI delivers 'zero financial payoff' to most companies, Apollo economist says · throwoutway · 245
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