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San Francisco

AI benefits remain limited to tech sector, economist says

A leading economist says artificial intelligence has yet to deliver benefits outside the tech industry.

Oct 26, 2026, 10:23 AM By the Genius Eye newsroom (City Reporter) · Fact-checkedHow we report
Photo: King of Hearts / CC BY-SA 3.0, via Wikimedia Commons

Artificial intelligence has not provided measurable benefits outside the technology sector, according to Torsten Slok, chief economist at Apollo Global Management, as reported by KRON4.

Slok points out that despite significant investments and widespread media attention, AI's advantages remain concentrated within tech companies, with little payoff seen in other industries.

Sources
  1. KRON4: AI has delivered 'zero' payoff outside of tech, leading economist says
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