Apollo’s Zito Says Too Much AI Spending Is for ‘Low IQ’ Tasks | Collector

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Apollo’s Zito Says Too Much AI Spending Is for ‘Low IQ’ Tasks

Bloomberg Tech

Apollo’s Zito Says Too Much AI Spending Is for ‘Low IQ’ Tasks

Apollo Global Management’s John Zito said too many companies are deploying artificial intelligence tools for relatively mundane tasks that don’t justify the significant costs and computing power.

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