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Apollo Economist: AI Paid Off Only for the Magnificent Seven
Apollo's chief economist says AI has delivered zero financial payoff to the 493 companies in the S&P 500 outside big tech.
Apollo Economist Finds Zero AI Payoff Outside Big Tech, October 26, 2026
Apollo chief economist Torsten Slok says AI has delivered zero financial payoff to corporate America outside of tech, with revenue per worker and profit margins flat for the S&P 493 while the Magnificent Seven pull ahead. Brian and Jessica weigh the evidence, the productivity paradox, verification costs, and what it means for AI budgets and the infrastructure boom.
Hosted by Brian and Jessica.
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