Apollo Chief Economist: AI Investment Has Delivered Zero Payoff Outside Tech
gerardsans · x · 2026-10-26
Per Bloomberg, Apollo's Chief Economist Torsten Slok says that despite massive corporate investment in AI, it has provided "zero payoff" to corporate America outside of the technology sector — a pointed critique of the returns timeline of the current AI investment boom.
Related event: Apollo's Chief Economist Says AI Has Delivered Zero Returns Outside Tech(10 posts)→
More from Venture
- Ramp AI Index: 55.9% US business adoption, Anthropic takes 60.1% of token spend — scaling01 · 2026-10-26
- Business spending on AI more than doubled in a year — scaling01 · 2026-10-26
- NVIDIA CEO Jensen Huang acquires stake in AI video unicorn Higgsfield — CodeByPoonam · 2026-10-26
- Claude's mobile MAU up ~79x in two years, far outpacing ChatGPT's 3.6x on indexed charts — sr_local · 2026-10-26
- Indie maker tibo crosses $1,000 in a single payout, $2,924 total — tibo_maker · 2026-10-26
- Fireworks valuation soars from $4B toward $40B as inference clouds bet on falling prices — FinanceYF5 · 2026-10-26