Apollo Global Management’s chief economist, Torsten Sløk, says he sees “zero evidence” that AI is causing job losses. In comments reported by TechRadar and Business Insider, Sløk argues that concerns about widespread layoffs driven by AI are not reflected in available evidence, and that AI-related change is instead associated with job creation in many sectors. The outlets note that Sløk’s position contrasts with arguments made by some corporate leaders who attribute certain layoffs to the use of AI. While acknowledging that AI adoption is reshaping work, Sløk’s assessment is that the overall employment picture does not show the job destruction critics predict. Both sources present his view that the broader economy is still generating “huge growth,” and that AI is not eradicating roles at a scale suggested by some executives. The reports frame the debate as one about the interpretation of labor market impacts during the AI boom, with Sløk disputing the premise that AI-driven job losses are currently occurring.
Apollo economist says there is 'zero evidence' of AI-related job losses
Apollo Global Management’s chief economist, Torsten Sløk, says he sees “zero evidence” that AI is causing job losses. In comments reported by TechRadar and Business Insider, Sløk argues that concerns...
- Apollo chief economist Torsten Sløk says he finds “zero evidence” of AI-related job losses.
- Sløk argues the AI boom is creating more jobs rather than eliminating them.
- TechRadar and Business Insider report that the view is presented as contradicting some CEOs’ claims that AI contributes to layoffs.
- Both outlets describe the debate as centering on the labor-market impact of AI adoption.
- Sløk links his assessment to broader sectoral growth during the period of increased AI adoption.
Apollo's chief economist disregards concerns that AI is causing job losses – argues many sectors are seeing huge growth.
2 months agoApollo Global Management's chief economist Torsten Sløk says the AI boom is creating more human jobs, not eradicating them.
2 months ago
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