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.