AI & Machine Learning

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

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Apollo Global Management reports that the AI boom has delivered 'zero financial payoff' to corporate America outside the technology sector. While major tech firms are experiencing significant revenue and profit margin growth, other industries are viewing AI spending as a cost center rather than a driver of growth. This analysis suggests that the widespread economic benefits of AI may not materialize as anticipated for many businesses.

Read the full article at Business Insider

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