Apollo Economist Says AI Has Delivered Zero Financial Payoff to Most Companies
Original headline: AI delivers ‘zero financial payoff’ to most companies, Apollo economist says
Despite massive investments and widespread hype surrounding artificial intelligence, an Apollo economist says the technology has delivered no financial payoff to corporate America outside the tech sector. The assessment highlights a gap between expectations and actual monetary returns.
The finding raises doubts about AI investment efficiency and may reshape corporate budgeting and strategy.
Research angleHow does AI adoption affect firms' financial performance? — Resource-Based View (RBV)
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