Chief economist says AI-related job losses aren't happening
SMRTR summary
Apollo Global Management's chief economist Torsten Sløk says there is "zero evidence" that AI has caused job losses, pushing back against widespread fears about AI replacing workers. While some companies have blamed layoffs on AI, Sløk argues this reflects shifting priorities rather than net job cuts, with demand actually surging for AI specialists, engineers, and data center workers. He concludes that AI is boosting both employment and inflation.
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