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AI Spending Risks $3.5 Trillion in Impaired Value by 2030

By Drooid · Oct 25, 2026, 2:36 PM UTC · How we work

Summary

Story summary

Apollo chief economist Torsten Slok said AI has delivered zero payoff to U.S. corporate America.
Slok warned token-spending is now treated as a cost center that squeezes margins.
Gartner estimates over $3.5 trillion of AI infrastructure spending could be impaired by 2030.
Meta posted Q3 revenue of $64.60 billion, up 26% year over year, and said AI adds advertising revenue.

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Story summary

Apollo chief economist Torsten Slok said AI has delivered zero payoff to U.S. corporate America.
Slok warned token-spending is now treated as a cost center that squeezes margins.
Gartner estimates over $3.5 trillion of AI infrastructure spending could be impaired by 2030.
Meta posted Q3 revenue of $64.60 billion, up 26% year over year, and said AI adds advertising revenue.