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.

This analysis from Apollo Global Management is among the first to quantify the lack of financial payoff for AI investments outside the tech sector, unlike many reports focusing solely on adoption rates.