Productivity gains don't reach profits
Many argue that even real speedups get competed away, since rivals use the same tools, or they hit bottlenecks like approvals and coordination. The gains end up with AI vendors or customers rather than company margins.
Anecdotes of real savings
Several commenters describe concrete wins: faster data science prototypes, cheaper consulting reports, infrastructure migrations and cost cuts that easily paid for token spend.
The Apollo analysis is weak or too early
Critics say top-line revenue can't show the payoff of spending under 1% of revenue, and that the source has a record of hot takes. Others note new technologies like electrification took decades to show up in the numbers.