Apollo says AI has delivered 'zero financial payoff' outside tech

· Tech · United States

Apollo Global Management said artificial intelligence has delivered "zero financial payoff" outside the tech industry, with only tech companies seeing growth from the AI boom, Business Insider reported. The assessment adds to debate over whether massive AI investment is translating into broad economic gains.

Why it matters：If AI gains stay concentrated in tech, the investment boom may not deliver the productivity gains that markets are pricing in.

Key points

  • Apollo said only tech companies are seeing growth from AI.
  • It described the payoff outside tech as "zero".

Sources (original reporting)

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