Apollo report: 98% of S&P 500 companies see no profitability from AI
A report by investment firm Apollo, prepared by its chief economist Torsten Slok, says AI has not delivered tangible financial returns to S&P 500 companies outside the technology sphere. While revenue per employee and margins rise at the Magnificent Seven, both metrics remain stagnant in the S&P 493. The analysis adds that there are no measurable records of AI boosting overall productivity in the United States and that token spending is becoming an operating cost.














