AI delivers 'zero financial payoff' to most companies outside of tech, says Apollo economist
Key point
An Apollo economist claims that despite massive investments and widespread hype, AI has delivered zero financial payoff to American companies outside of the tech sector.
An Apollo economist has pointed out that artificial intelligence (AI) has delivered 'zero financial payoff' to American companies outside of the technology sector.
The economist claims that despite massive investments and widespread hype surrounding AI, the technology has not provided financial benefits to companies other than those in tech.
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