Apollo says AI has delivered 'zero financial payoff' outside the tech industry

The thread mostly treats the headline as a warning against confusing technical availability with durable business value. Several commenters expect AI to remove clerical friction: searching corporate correspondence in ordinary language, pulling facts from scattered systems, and automating repetitive computer work. But they doubt that recovered time automatically becomes higher-value work. In many organizations, they argue, it will simply generate a larger backlog of low-value administration, while neglected tasks were neglected precisely because they were not worth paying for. The sharpest economic argument is that off-the-shelf intelligence cannot create a lasting competitive edge when every rival can buy the same tokens. Efficiency may initially lift margins, but broad adoption should expand supply and push prices down, leaving model builders or scarce complementary resources to capture the gains. Others counter that lower operating costs still improve margins unless competition immediately passes every saving to customers. Commenters also stress AI's uneven reach: language models may help desk-bound work well before they clean, stock, harvest, or deliver hands-on care. A further concern is dependency: AI assistance could make workers more productive while eroding the unaided skills needed to judge or operate without it. Overall, readers see real automation potential but little evidence that it has yet justified costly deployment outside tech.