阿波罗公司称AI在科技行业外带来"零财务回报"

投资管理公司阿波罗全球公司发布经济分析报告，称人工智能技术在科技行业外的主流美国企业中未产生实质性财务收益。1该公司首席经济学家托斯腾·斯洛克表示，"该技术对科技行业外的美国企业交付的财务回报为零"。1

报告通过对比员工收入、利润率和生产率增长三项关键指标发现，科技企业与其他企业的表现存在显著分化。1自2022年以来，科技公司员工收入从55万美元飙升至近80万美元，而标普500指数中其他企业员工收入在过去七年内基本保持在55万美元水平。1同期，科技公司利润率大幅上升，而其他企业利润率停滞在10%左右。1

分析还指出，主流企业已开始将AI支出视为成本中心而非增长驱动力，整体经济范围内AI技术尚未显著提升生产率增长。1

Investment firm Apollo Global Management released an economic analysis concluding that artificial intelligence has generated substantial financial returns within the technology sector but has failed to produce measurable benefits for mainstream American companies elsewhere 1. The firm's chief economist, Torsten Slok, stated that "the technology has delivered zero financial payoff to U.S. companies outside the tech industry" 1.

The analysis compared three key performance metrics across technology companies and other firms in the S&P 500 since 2022 1. Employee compensation at technology companies surged from approximately $550,000 to nearly $800,000 during this period, while compensation at other enterprises remained largely flat at around $550,000 over the past seven years 1. Similarly, profit margins at technology firms expanded significantly following 2022, whereas margins at mainstream enterprises stagnated near 10 percent 1. Across the broader economy, AI has not yet driven meaningful improvements in productivity growth 1.

The findings suggest a widening divide in AI's impact: technology companies have experienced robust income and margin expansion, while other corporations increasingly view AI expenditures as cost centers rather than sources of growth 1.