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Equity · Friday, October 30, 2026

Apollo Economist Claims AI Has Delivered Zero Financial Payoff Outside of Tech

An economist at private equity firm Apollo released a note stating that AI has generated zero financial payoff outside of the tech sector at large corporations. The podcast panel analyzed whether enterprises will start seeing measurable returns on their AI investments.

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The tape

2 quotes
“one Apollo economist says AI has delivered a zero financial payoff outside of tech. So who's really benefiting from the AI boom?”
“Apollo, the private equity firm, their chief economist put out a little note that basically said there's been no economic value provided by AI so far, specifically at large corporations.”
Heard on Equity — “Anthropic’s S-1 is here. Does AI pay off?”, published Friday, October 30, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via deepinfra · $0.01
Apollo Economist Claims AI Has Delivered Zero Financial Payoff Outside of Tech — Heardvine