Apollo's chief economist says he sees 'zero evidence' of AI-related job losses, even as CEOs cite the tech in layoffs

Bogdan Hofbauer

Anyone worried that AI will replace them should take a deep breath, at least according to Apollo Global Management's chief economist. In a blog post on Friday, Torsten Sløk said there is "zero evidence of job losses because of AI," citing the ADP National Employment Report. Instead, he said, companies are hiring candidates who have AI skills. "Many firms are hiring AI implementation experts, and the data center buildout is putting upward pressure on salaries for AI experts and on prices of