Slok Sees Revenue and Margin Gains Concentrated in the Magnificent Seven

Apollo Chief Economist Torsten Slok said the AI buildout’s business case depends on returns, as revenue per worker and margins rose among the Magnificent Seven but stayed flat for the S&P 500’s other 493 companies. Slok said Oct. 24 that he saw no signs of AI lifting productivity growth. The figures compare aggregate trends and do not isolate AI’s effect at individual companies or establish that AI caused the gap. Slok said Oct.

Source: TokenPost