Yhn BusinessLabor first seen 4 d ago, last 39 min ago, peak #1
Apollo: AI has delivered zero financial payoff outside tech
Original: Apollo says AI has delivered 'zero financial payoff' outside the tech industry
Apollo, the asset management firm, has published an analysis concluding that artificial intelligence has so far produced no measurable financial benefit for companies outside the technology sector. The finding adds fuel to the ongoing debate over whether massive corporate spending on AI is translating into profits, or whether returns remain largely theoretical for most industries.
Why now: Investors and executives are questioning whether record AI investment is actually generating returns
Apolloartificial intelligencetech industry
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