'Zero evidence': Apollo's chief economist says AI-related job losses aren't happening
- Torsten Sløk says there's been "zero evidence" of AI-induced job losses
- Hiring for AI specialists, data center staff and more has surged
- Jevons Paradox has caused increased demand, despite efficiency
Apollo Global Management's chief economist Torsten Sløk declared in a blog post that "there is zero evidence of job losses because of AI," countering years of concerns that artificial intelligence could replace human workers.
However, while Sløk claims that there's no net loss of jobs, he does at least acknowledge the widespread displacement caused by shifting priorities.
Now, we're seeing more demand than ever for AI specialists, engineers, data center staff and infrastructure and energy workers to keep up with our growing consumption of AI.
"There is zero evidence of job losses because of AI"
Challenging the concept that AI has caused job losses, Sløk reframed the AI boom as something that's actually boosting employment and wages in some of...
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