Apollo economist warns AI profit gains outside tech could take "well beyond" what Wall Street expects
Apollo chief economist Torsten Slok sees no AI-driven margin gains outside tech. In regulated industries like healthcare, banking, or pharma, process overhauls and privacy rules could delay productivity boosts by years. If that takes five years instead of five months, many AI stocks face a painful repricing. The article Apollo economist warns AI profit gains outside tech could take "well beyond" what Wall Street expects appeared first on The Decoder.
Overview
Apollo chief economist Torsten Slok sees no AI-driven margin gains outside tech. In regulated industries like healthcare, banking, or pharma, process overhauls and privacy rules could delay productivity boosts by years. If that takes five years instead of five months, many AI stocks face a painful repricing.
Details
The article Apollo economist warns AI profit gains outside tech could take "well beyond" what Wall Street expects appeared first on The Decoder.
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Originally published at the-decoder.com.
