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AI delivers ‘zero financial payoff’ to most companies, Apollo economist says | TechCrunch
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AI delivers ‘zero financial payoff’ to most companies, Apollo economist says | TechCrunch

TechCrunch·Anthony Ha·about 21 hours ago
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#techcrunch#technology#tech#slok#profit

"Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech."

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Outside Big Tech, Apollo's Torsten Slok Sees Zero Payoff From AI So Far
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Outside Big Tech, Apollo's Torsten Slok Sees Zero Payoff From AI So Far

WebProNews·Rich Ord·about 22 hours ago
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Revenue per worker is climbing at the seven biggest tech companies and going nowhere at the other 493 members of the S&P 500. Torsten Slok, chief

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Here's the 'core economic flaw' in the AI bull case as stock and bond trades unravel, according to a top economist | Fortune
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Here's the 'core economic flaw' in the AI bull case as stock and bond trades unravel, according to a top economist | Fortune

Business - Latest - Google News·1 day ago
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#world#news#fortune#companies#compute

"So far, the AI payoff for firms has been slow to materialize, implying a growing reluctance to pay for AI services."

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