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Apollo economist: AI ROI remains zero outside technology sector

Torsten Slok, Apollo's chief economist, stated publicly that AI has generated measurable returns only in tech companies; finance, manufacturing, and other sectors show no material payoff yet despite heavy spending.

WHY IT MATTERS

Challenges industry narrative of imminent AI-driven productivity gains; suggests BFSI AI investments may not yet justify capex or regulatory compliance costs.

Source: Bloomberg · 2026-10-25

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Apollo economist: AI ROI remains zero outside technology sector — ath — AITechHive