3 #TorstenSlok , chief economist at Apollo Global #Markets : … and there are not yet signs that #AI is boosting #revenues or #profitmargins outside the #Mag7 .
Economists are observing that the impact of AI on corporate revenues and profit margins remains limited, with noticeable effects largely confined to a small group of major technology companies. Outside of the "Magnificent Seven" (Mag7) group, there is currently no clear evidence of AI significantly boosting financial performance. This suggests that the broader economic benefits of AI are yet to materialize across most industries. AI
IMPACT Economists observe AI's limited impact on revenues and profits outside major tech firms, suggesting broader economic benefits are yet to materialize.