Apollo Global Management's chief economist, Torsten Sløk, argues that there is no evidence of AI-driven job losses, citing employment data that suggests AI is actually creating jobs and boosting inflation. He believes the current technological revolution, similar to the Jevons paradox, is increasing demand for human workers, particularly those with AI skills, and driving growth in areas like data center construction. This perspective contrasts with many industry leaders who have attributed workforce reductions to AI efficiencies and warned of widespread job displacement. AI
IMPACT Challenges the prevailing narrative of AI-driven job displacement, suggesting it may actually be a net job creator.
RANK_REASON The article presents an opinion from an economist about the impact of AI on jobs, rather than a new release or significant industry event.
- Andy Jassy
- Anthropic
- Apollo Global Management
- Block
- Dario Amodei
- Jack Dorsey
- Jamie Dimon
- JPMorgan
- Klarna
- OpenAI
- Sam Altman
- Sebastian Siemiatkowski
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