AI delivers ‘zero financial payoff’ to most companies, Apollo economist says
AI summary
Editorial policyAn Apollo economist states that despite massive investments and widespread hype, AI has delivered zero financial payoff to corporate America outside of the tech sector.
Key points
- •Despite massive investments and widespread hype, AI has delivered zero financial payoff to US corporations outside the tech industry.
- •This assessment was provided by an Apollo economist.
- •The statement highlights a gap between AI adoption and actual financial returns.