AI delivers ‘zero financial payoff’ to most companies, according to Apollo economist
Confirmed
Confidence
80%
Impact: 60%
Updated 11m agoConsensus Brief
According to Torsten Slok, chief economist at Apollo Global Management, AI has not improved the financial performance of most corporations outside the tech sector. His analysis of the S&P 493 indicates that profit margins and revenue per worker remain flat, with no significant productivity gains attributed to AI investments.
What Changed Since Last Update
11m ago
New corroborating source added: TechCrunch published an update on Sun, 25 Oc ("AI delivers ‘zero financial payoff’ to most companies, Apollo economist says").
Claim Ledger
3 claims tracked across sources
Role-Based Impact Analysis
Source Timeline
12 sources corroborating
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