Apollo’s Torsten Slok says AI is paying off for Big Tech, not the rest of the S&P 500

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• Apollo Chief Economist Torsten Slok stated that artificial intelligence benefits remain heavily concentrated within major technology companies.
• According to Slok, this trend highlights an expanding disparity in both productivity and profitability between Big Tech firms and the remaining companies in the S&P 500, with broader market participants yet to see significant financial payoffs from AI advancements.

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