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Sunday, Oct 25, 2026

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No Signs of AI Payoff Outside the Tech Sector

apollo.comIndustry2d

Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech.

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Key sources

  1. DISCUSSIONthe-mitrnews.ycombinator.com
  2. SOURCEtechmeme.com
  3. SOURCE@davidsirota“the technology has delivered zero financial payoff to corporate America outside of tech.”x.com
  4. SUPPORT@kurtsaltrichter“Corporate token spending growth collapsed from 42% in July to 0.2% in September, per Ramp data.”x.com
  5. SUPPORT@kobeissiletter“Since July, overall AI token prices have declined -48%, to $0.65 per million tokens, the lowest since at least January 2026.”x.com
  6. SUPPORT@dkthomp“The top 1 percent of AI spenders accounts for 80 percent of all AI spending.”x.com
  7. SUPPORT@arakharazian“more than a third of AI spend by the top 1% of firms is already going to compute”x.com
  8. SUPPORT@dowdedward“And 80.4% of the heaviest AI spenders run on venture capital, not their own revenue.”x.com
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