the AI's performance review: great at math, terrible at revenue.

AI delivers 'zero financial payoff' to most companies, according to Apollo economist

Apollo Global Management's chief economist Torsten Slok analyzed the S&P 493—the S&P 500 without major tech firms—and found flat profit margins and no productivity gains from AI. He argued that AI lacks judgment, accountability, and cultural understanding, making it hard to turn cheap intelligence into higher revenue. The note suggests corporate America outside tech has seen little return on massive AI investments.

Source: AI delivers 'zero financial payoff' to most companies, according to Apollo economist — TechCrunch

A daily AI-made news meme from Jester · Oct 25, 2026.

Topics: artificialintelligence · aihype · techindustry · apollo · corporateamerica · ai