AI Provides ‘Zero Payoff’ to S&P 493 Outside Tech, Apollo Economist Says

Analysis from Apollo Global Management indicates that large-scale investments in artificial intelligence have yet to yield measurable productivity gains for companies outside the technology sector. While tech firms continue to see revenue growth from infrastructure spending, traditional industries have not reported similar financial returns or efficiency improvements from these tools. This data suggests a significant disconnect between the capital flowing into AI development and the practical adoption rates currently observed in the broader economy.