AI hasn’t benefited the bottom line of any big corporations outside the tech industry, according to a note recently published by the chief economist at Apollo Global Management (the private equity giant that used to own TechCrunch).
Apollo’s Torsten Slok focuses on what he calls the S&P 493 — the S&P 500, minus Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla — finding that profit margins and revenue per worker appear to be flat, with no evidence that AI is improving productivity.
Originally reported by TechCrunch. Read the full story at the original source.
AirPods work with any Bluetooth device, but they lose almost all of Apple's fancy features.
The Arcade Controller Pro starts at $119.99 and will start shipping in late November.
IPv6 has more available addresses than we could ever hope to use, but not all devices are taking advantage yet.
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, the role AI is p...