Torsten Slok, chief economist at Apollo Global Management, posits that the US and Europe have distinct roles in the AI economy. The US is positioned as the builder, leading in supply-side measures with hyperscaler capital expenditures projected to reach $800 billion by 2026. Europe, in contrast, is characterized as the user of AI technologies. AI
IMPACT Highlights differing regional strategies in AI development and adoption, with the US focusing on infrastructure and Europe on application.
RANK_REASON Economist's opinion piece on the differing roles of the US and Europe in the AI economy.
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