AI brief
An Apollo economist said artificial intelligence has delivered "zero financial payoff" to most companies outside the tech sector, despite large investments and widespread hype.
Why it matters: It suggests most non-tech companies have not yet seen financial returns on their AI spending.
Written by AI from TechCrunch AI's published text.
Source
“"Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech."”
Reporting from a publisher outside the organisation being covered.
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