Outside of Big Tech, AI has yet to deliver on any meaningful economic advantages, as Apollo chief economist Torsten Slok argued.
Apollo's Torsten Slok finds no AI payoff in margins, revenue per worker or productivity outside the Mag 7 as token bills become costs.
The Magnificent Seven are galloping off with the profits, while the rest of the S&P 500 see no benefit, claims Apollo
AI is only helping tech firms see results or success - how long can this last?
Only tech companies are seeing growth from the AI boom, Apollo Global Management said.
Corporate America’s massive AI investments have delivered "zero financial payoff" outside the Magnificent 7, a new Apollo analysis found, intensifying investors’ fears over big AI spending ahead...
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