Businesses outside tech are seeing 'zero financial payoff' from AI, Apollo economist says
Apollo Global Management chief economist Torsten Sløk reports that companies outside the technology sector have yet to realize a measurable financial return on their artificial intelligence investments. While corporations continue to spend heavily on these tools, the data suggests that widespread productivity gains or improved profit margins have not yet materialized across the broader economy.
Covered by 2 sources
- YYahoo Finance↗1d ago
- HHacker News↗throwoutway3h ago