Apollo Chief Economist: AI is beneficial to large tech companies, but ineffective for other enterprises
2026-11-05 20:21:04
According to CoinMeta, Apollo Chief Economist Torsten Slok stated that artificial intelligence is generating profits for large technology companies, but it does not have the same effect on other businesses in the United States. He pointed out that the income of each employee at the seven major tech giants is increasing, while the income of the other 493 companies in the S&P 500 index remains stable.
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