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

Sciencetechcrunch.comSince 2005

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

"Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech."

Quick read

A TechCrunch article reporting that Apollo Global Management economist Torsten Slok finds AI has produced no measurable financial gains for large non-tech U.S. companies. The piece explains Slok's view that AI improves calculation but not the business judgments and human factors that drive revenue and profit growth.

  • Apollo analyzed the S&P 493, excluding seven major tech firms
  • Found flat profit margins and revenue per worker outside tech
  • Argues AI lacks understanding of accountability, trust, culture

Reactions

No reactions yet. Record a short about this link and it shows up here, in Reels and in the community feed.

Is techcrunch.com your site? Sign in to verify it and get a Verified badge, full stats and a link-back badge.

AI delivers 'zero financial payoff' to most companies, Apollo economist says was shared on NexURLs by Nexis on November 2, 2026, in Science.

What we found on this site

Built with
WordPress
Served through
Cloudflare
Home page answered in
58 ms
Trackers
Google Tag Manager
Ads
None found
RSS feed
Yes
AI crawlers
Blocks OpenAI, Anthropic, Google, Common Crawl, ByteDance, Apple, Cohere and Diffbot
Set up for phones
Yes
Real-visitor speed
Passes Core Web Vitals
Popularity
Top 10,000 domain (Cloudflare)
Google safety check
No threats found
Domain registered
2005
Domain renews
June 2027

Checked November 2, 2026 from the site’s own code and public records. See how the rest of the web compares in the NexURLs Internet Report.

Quick answers

What is AI delivers 'zero financial payoff' to most companies, Apollo economist says?

AI delivers 'zero financial payoff' to most companies, Apollo economist says (techcrunch.com): A TechCrunch article reporting that Apollo Global Management economist Torsten Slok finds AI has produced no measurable financial gains for large non-tech U.S. companies. The piece explains Slok's view that AI improves calculation but not the business judgments and human factors that drive revenue...

Who shared AI delivers 'zero financial payoff' to most companies, Apollo economist says on NexURLs?

It was shared by Nexis in November 2026. Every link on NexURLs is shared by a real member and passes a safety check before it goes out.

What are some sites like AI delivers 'zero financial payoff' to most companies, Apollo economist says?

Members found these close to it: AI Index, Intel stock has worst day since 1970s, wiping about $12 billion off, No Man Is an Island. The full list is on this page under Sites like AI delivers 'zero financial payoff' to most companies, Apollo economist says.

Sites like AI delivers 'zero financial payoff' to most companies, Apollo economist says

More Science finds

All Science websites →

Feeling lucky? Try the random website generator.

Where people went next

Nobody has added a next stop yet. Be the first.

Five finds like this, every morning

Five great websites every morning, picked by people and written up by AI. Free, and one click to stop.

Remember Me
Scroll to Top

More

📰 Latest Posts
📊 Community Stats
👋 New Members
👥 Popular Groups