AI has delivered ‘zero’ payoff outside of tech, leading economist says

SAN FRANCISCO (KRON) — Despite massive investments across all of corporate America and widespread media hype about the technology, artificial intelligence has delivered zero payoff for anyone outside of tech according to a leading economist. That’s according to Torsten Slok, chief economist at Apollo Global Management, who argues that AI’s benefits remain concentrated among companies […]

​SAN FRANCISCO (KRON) — Despite massive investments across all of corporate America and widespread media hype about the technology, artificial intelligence has delivered zero payoff for anyone outside of tech according to a leading economist. That’s according to Torsten Slok, chief economist at Apollo Global Management, who argues that AI’s benefits remain concentrated among companies […]