Apollo’s Torsten Slok says AI is paying off for Big Tech, not the rest of the S&P 500
AI's benefits are concentrated in Big Tech, highlighting a growing disparity in productivity and profitability across the broader market. The post Apollo’s Torsten Slok says AI is paying off for Big Tech, not the rest of the S&P 500 appeared first on Crypto Briefing.
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Artificial intelligence
Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.
AI is changing work, media and public services, raising questions about jobs, safety and regulation.
More about Artificial intelligenceCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in AI
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