Artificial intelligence is not producing measurable financial returns for most companies outside the technology sector, according to analysis cited from Apollo Global Management. TechCrunch, Business Insider, and Bloomberg - Technology all report that an Apollo economist says the broader corporate “AI boom” has not translated into outside-the-tech profits or growth.
The coverage centers on the economist’s claim that gains are concentrated in the tech industry, while other sectors see little or no financial payoff despite large investments. TechCrunch frames the point as “zero financial payoff” to most companies in corporate America. Business Insider and Bloomberg - Technology describe a similar conclusion, tying it to Apollo’s view that only tech firms are benefiting from AI.
Across the articles, the main context is the contrast between widespread AI spending and the lack of reported financial impact beyond technology. While the wording differs slightly, all three outlets attribute the assessment to Apollo’s economist and emphasize the outside-tech gap.
