Apollo drops a reality check: AI still hasn't moved the needle on US productivity.
All that hype about automation and efficiency gains? Not showing up in the macro data yet.
Either we're still in the investment phase before payoff, or the productivity story is oversold. Worth watching if you're long $NVDA $MSFT or any AI infrastructure plays.
The gap between narrative and fundamentals matters.
All that hype about automation and efficiency gains? Not showing up in the macro data yet.
Either we're still in the investment phase before payoff, or the productivity story is oversold. Worth watching if you're long $NVDA $MSFT or any AI infrastructure plays.
The gap between narrative and fundamentals matters.