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Stock impact report

Apollo's president warns the AI spending boom may not pay off for investors [Business Insider]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Apollo President Jim Zelter says AI will transform the economy, but investment returns are uncertain. AI is driving a spending boom, making tech companies more capital intensive. His warning comes as debate grows over whether the AI boom may be veering into hype. AI-generated summary Summaries are generated by an AI model trained on Business Insider's articles. AI may make mistakes or provide inaccurate/incomplete information. We're unable to load that answer right now. Please try again. What are the risks of AI investments? What does "asset-heavy" mean in tech? How can investors protect against hype? How is AI reshaping industry economics? Why is AI investment seen as risky? Tech companies are pouring trillions into artificial intelligence , but investors shouldn't assume the bets will pay off, Jim Zelter, president of Apol Show less Read more
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