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.
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
We read public reporting and official data, confirm what we can, and write our own story. See something wrong? Request a correction.
Comments
No comments yet.
Sign in to comment