https://www.live-feeds.com/feed/apollo-s-slok-says-ai-has-delivered-zero-payoff-outside-of-techContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/apollo-s-slok-says-ai-has-delivered-zero-payoff-outside-of-techhttps://www.live-feeds.com/feed/apollo-s-slok-says-ai-has-delivered-zero-payoff-outside-of-tech#u165821Sat, 31 Oct 2026 12:16:06 +0000Artificial intelligence has produced no financial return for the vast majority of corporate America outside the technology sector. Torsten Slok, chief economist at Apollo Global Management, published a note reporting that revenue and profit margin gains remain strictly isolated to the Magnificent Seven companies. Mainstream corporate America is pulling back from seeing artificial intelligence as a growth driver, instead treating expanding expenses like rising token costs as a pure business cost. While big tech companies cash in on the boom, other S&P 500 firms face flat margins and stagnan