Apollo says AI has delivered 'zero financial payoff' to corporate America
Apollo Global Management said only tech companies are seeing growth from the AI boom.
Read the original →Article digest · Oct 26 AM
AI & Economy — what each story says
Every story in this issue with a short summary, so you can decide what to read before leaving the site. Summaries are written by AI (Claude) only from each publisher's own description and checked by Jev for anything not in that description. They are not full translations. Follow "Read the original" for the full story.
18 stories8 with summaries8 topics
🌐 Macro Economy / Growth4
Former commerce secretary says AI is supporting economic growth — for now
Carlos Gutierrez, a former Kellogg CEO and U.S. Commerce Secretary, says the boom in artificial intelligence has softened the blows from other economic factors. He says that support can only last for so long.
Read the original →Recent labor market data show some signs of AI-related hiring headwinds
Recent U.S. labor market data show early signs that artificial intelligence adoption is weighing on hiring, according to Goldman Sachs analysts. The broader employment impact remains limited.
Read the original →- Headlines only (the publisher did not provide a description)
- As vote nears, Trump’s AI gamble fuels economic uncertaintyLos Angeles Times · 10/25 10:00 UTC
📈 Productivity3
Wales AI Report: 80% Efficiency, 59% Revenue [2026]
A new Wales AI report effort asks how technology becomes economic value. NatWest data show 80% efficiency, 73% innovation and 59% revenue growth.
Read the original →Bill Gates warns of 20-year job disruption from AI
Microsoft co-founder Bill Gates warned that the accelerating use of AI and robots could cause widespread labor market disruption.
Read the original →- Headlines only (the publisher did not provide a description)
- Many major companies shifting spending toward AIThe Lewiston Tribune · 10/25 10:33 UTC
👷 Jobs / Labor Market3
Supply chain teams with AI-ready staff report 71% AI project success, others 28%
An ASCM and DSCI survey found AI-ready supply chain teams report 71% project success, versus 28% for others. Most AI still sits in planning functions.
Read the original →- Headlines only (the publisher did not provide a description)
- Goldman Flags AI Hiring Headwinds: 10,000 Jobs Short [2026]https://tech-insider.org/ · 10/25 11:23 UTC
- Airbnb CEO Brian Chesky warns two types of people won’t survive the AI eraFortune · 10/25 14:23 UTC
⚡ Energy / Power Demand2
Nvidia eyes converting old nuclear plants into massive AI data centers — reusing shut-down German energy sites could reduce the cost and timeline of building from scratch
The plan does not involve using nuclear power.
Read the original →- Headlines only (the publisher did not provide a description)
- The power behind AI: Data centers drive the demand for qualified electriciansData Center Dynamics · 10/25 11:05 UTC
🚢 Trade / Industrial Policy2
DeepSeek and MiniMax clear China AI export controls for overseas use
A CCTV-linked account says that under China's AI export controls, AI companies can continue with their commercialization efforts as usual.
Read the original →- Headlines only (the publisher did not provide a description)
- Urso: "AI and cloud incentives in the budget, more jet fuel from refineries."Agenzia Nova · 10/25 08:30 UTC
🏛️ Central Banks / International Institutions1
- Headlines only (the publisher did not provide a description)
- IMF: AI shifts jobs, raises demand for new skillsSunStar Publishing Inc. · 10/25 13:28 UTC
🏗️ Corporate Capex1
- Headlines only (the publisher did not provide a description)
- AI Spending Fears Threaten to Swamp Big Tech’s Strong EarningsBloomberg.com · 10/25 13:00 UTC
🗾 Japan's Economy and AI2
- Headlines only (the publisher did not provide a description)
- China to ease AI adoption's impact on jobsNNA Asia · 10/25 15:00 UTC
- Recent labor market data show signs of AI-related hiring restraintInvesting.com · 10/25 10:02 UTC
The analysis and visual summary are in the Oct 26 AM issue. Japanese version here.