Outside of tech there has been no financial payoff to US companies for using AI, now viewed as a margin-hurting cost center, as VC-backed firms burn more tokens (Torsten Slok/Apollo Global Management)

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Techmeme permalink: https://www.techmeme.com/261024/p9#a261024p9

<a href="https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/261024/i9.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/261024/p9#a261024p9" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Torsten Slok / <a href="https://www.apollo.com/">Apollo Global Management</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector">Outside of tech there has been no financial payoff to US companies for using AI, now viewed as a margin-hurting cost center, as VC-backed firms burn more tokens</a></b></span>&nbsp; &mdash;&nbsp; Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech.</p>

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