Join Nostr
2026-10-25 10:14:13 UTC

tspof on Nostr: Apollo Global Management Inc. Chief Economist Torsten Slok stated that despite ...

Apollo Global Management Inc. Chief Economist Torsten Slok stated that despite substantial investments in artificial intelligence, it has yielded "zero payoff" for corporate America outside of the technology sector. This indicates that AI's financial benefits have so far been confined primarily to technology companies rather than broader industries reflected in the S&P 493 index.

Source: https://www.bloomberg.com/news/articles/2026-10-25/ai-provides-zero-payoff-to-s-p-493-outside-tech-apollo-economist-says
Source material: publisher RSS description.

#news_en #artificialintelligence #corporateamerica #techsector #bloomberg