Apollo economist sees little corporate financial payoff from AI outside technology
Despite widespread investment and attention to artificial intelligence, an Apollo economist contends that most companies outside the technology sector have not yet achieved measurable financial benefits from AI.
The view suggests that corporate AI spending has not translated into broad productivity gains, revenue growth, or cost reductions comparable to the scale of investment and hype. It also points to an uneven payoff across industries, with technology companies better positioned to realize value from their AI capabilities than businesses in other sectors.