Outside of tech there has been no financial payoff to US companies for using AI, now viewed as a margin-hurting cost center, as VC-backed firms burn more tokens (Torsten Slok/Apollo Global Management)
According to Torsten Slok of Apollo Global Management, US companies outside the tech sector have not seen a financial payoff from using AI. Despite significant investments and widespread hype, AI is now viewed as a margin-hurting cost center, particularly as VC-backed firms continue to burn more tokens. This indicates that corporate America, beyond the tech industry, has yet to realize a return on its AI investments.
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PublishedOffset at this time: UTC+0Oct 24, 2026, 21:30 UTC
IngestedOffset at this time: UTC+0Oct 24, 2026, 22:00 UTC
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- Oct 24, 2026, 21:30
- Ingested
- Oct 24, 2026, 22:00
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Torsten Slok / Apollo Global Management:
Outside of tech there has been no financial payoff to US companies for using AI, now viewed as a margin-hurting cost center, as VC-backed firms burn more tokens — Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech.