Apollo: AI Has Not Yet Generated Financial Returns Outside the Tech Sector

Slok, chief economist at Apollo Global Management, said the AI wave has not yet generated any returns outside the tech sector. This matters to investors because it suggests that the profits from the current boom are concentrated in major tech companies.

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• Slok described the outcome as AI not having generated returns outside the tech sector.

  «Apollo’s Slok Says AI Has Delivered Zero Payoff Outside of Tech»

  bloomberg.com
• According to Arabic coverage, the current wave is generating profits only for major tech companies.

  «إن موجة الذكاء الاصطناعي الحالية تحقق أرباحاً لمصلحة الشركات التقنية الكبرى فقط»

  جولة
• The statements are attributed to Apollo Global Management, one of the largest global investment firms.

  «قالت إحدى أكبر شركات الاستثمار العالمية، Apollo Global Management، إن موجة»

  جولة

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