{
  "id": 16622924,
  "title": "Private equity giant: AI payoff strictly limited to Big Tech",
  "url": "https://urgent.news/2026/10/26/private-equity-giant-ai-payoff-strictly-limited-to-big-tech-16622924",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-26T13:59:00.000Z",
  "source": {
    "name": "The Register Science",
    "slug": "the-register-science",
    "url": "https://www.theregister.com/ai-and-ml/2026/10/26/private-equity-giant-ai-payoff-strictly-limited-to-big-tech/5305358"
  },
  "original_language": "en",
  "account": "Apollo Global Management, a prominent private equity firm, asserts that artificial intelligence (AI) has yet to generate any significant financial gains for US businesses outside the technology sector. In a blog post, the firm's chief economist Torsten Slok argues that revenue per worker may be increasing for the so-called \"Magnificent Seven\" tech companies, which includes hyperscalers, Apple, Nvidia, and Tesla. However, this trend is not observed in the remainder of the S&P 500 businesses. Slok emphasizes that AI has not positively impacted profit margins or boosted corporate productivity growth for non-tech firms. The investment firm's claims have faced skepticism from some, who question the validity of Slok's perspective.",
  "summary": "The Magnificent Seven are galloping off with the profits, while the rest of the S&P 500 see no benefit, claims Apollo",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}