AIApollo Global Management1h ago
Outside of tech there has been no financial payoff
Outside of tech there has been no financial payoff to US companies for using AI, now viewed as a margin-hurting cost center, as VC-backed firms burn more tokens
TL;DRAI investments aren't delivering measurable financial returns in most industries yet.
Why it matters: Questions whether massive AI spending will ever justify its costs outside big tech.
Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech.
Read full articleSource: Apollo Global Management · Opens in new tab