Apollo Economist Says AI Has Yet to Pay Off Financially for Most Non-Tech Firms

An economist at Apollo says that, despite heavy spending and considerable hype, artificial intelligence has produced no financial returns for corporate companies outside the technology sector. The assessment points to a gap between the large investments made in AI and the measurable profits those investments have generated. The claim underscores ongoing debate over whether AI's promised economic benefits are materializing beyond tech firms. The source article provides limited further detail on the specific data or methodology behind this conclusion.