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International Business Times UK
International Business Times UK
Business
Bal Marsius

AI Has Delivered 'Zero Payoff' Outside Big Tech, Economist Warns Bubble Could Trigger Market Crash

Some economists warn that limited AI productivity gains beyond Big Tech and rising debt could leave financial markets vulnerable to a potential correction (Credit: Jernej Furman/Wikimedia Commons)

Apollo Global Management chief economist Torsten Slok said aggregate financial metrics for the 493 S&P 500 companies outside the Magnificent Seven show no clear evidence of AI-driven financial gains since 2022, with revenue per worker and profit margins remaining broadly flat.

Separately, the International Monetary Fund (IMF) has warned that an AI-market correction could threaten global financial stability as falling valuations, forced selling and tighter credit spread losses beyond the technology sector.

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