AI delivers ‘zero financial payoff’ to most companies, Apollo economist says
techcrunch.comAnthony Ha
An Apollo economist reports that artificial intelligence has generated no measurable financial returns for most companies outside the technology sector, despite significant capital investments and industry enthusiasm.
Why it mattersThis challenges the widespread assumption that AI adoption automatically drives business value, suggesting many companies may be investing heavily without clear ROI strategies or tangible results.
From the source: "Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech."Read at techcrunch.com