Apollo's chief economist says AI has delivered zero payoff outside tech. His charts show flat averages for 493 companies. Flat on average is not zero for everyone.
Torsten Slok, Apollo chief economist, The Daily Spark (24 October 2026); trending on Hacker News, 24 October 2026. Recorded 25 October 2026. Our ruling means: literally true, materially misleading.
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“Despite massive investment, AI has delivered zero financial payoff to corporate America outside of tech.”
TRUE, BUTTorsten Slok, Apollo chief economist, The Daily Spark (24 October 2026); trending on Hacker News, 24 October 2026
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