AI Delivers 'Zero Financial Payoff' to Most Companies, Apollo Economist Says

throwoutway · hn · 2026-11-02

TechCrunch covers Apollo chief economist Torsten Slok's argument that AI investments are so far producing no tangible financial payoff for most companies, echoing narratives from earlier bubble eras like railroads and the internet. The HN discussion digs into why massive AI capex hasn't yet translated into measurable productivity or profit gains for typical enterprises.

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