importantSYS.SOURCE: TechCrunch• 2026-10-25T16:57:32Z
Apollo Economist Reports No Financial ROI from AI for Non-Tech Corporations
Apollo Global Management's chief economist reported no financial return on AI investments for non-tech corporations, citing flat profit margins and productivity metrics in the S&P 493. The analysis argues AI lacks judgment in critical business aspects like accountability and ethical decision-making, hindering revenue growth.
"Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech."
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