A quiet weekend. Apollo's chief economist says AI has delivered zero financial payoff to large US companies outside the tech giants.
AI
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Apollo economist: AI has delivered 'zero financial payoff' outside Big Tech
Torsten Slok finds flat profit margins and revenue per worker at the S&P 500 minus its seven tech giants, and no AI-driven productivity gain. He says mainstream firms treat AI token spending as a cost that weighs on margins.
Apollo
TechCrunchTech
#No significant tech story could be confirmed from a readable source in the past 24 hours.
Malaysian News
#A quiet weekend. MCA's walkout over Melaka seats couldn't be confirmed by a second outlet, as political stories require.
Malaysian Telco
#No significant new telco news in the past week beyond stories already covered.