Mmastodon BusinessEconomy first seen 6 d ago, last 6 d ago, peak #1
Apollo economist warns AI must deliver or economy faces trouble
Original: AI Had Better Work Out ""This AI thing better work out because if it doesn’t ... we’re going to have a problem,” said To
Torsten Slok, chief economist at Apollo Global Management, says the AI boom "better work out" because if it does not, "we're going to have a problem." The warning reflects concerns that markets and the broader economy have become heavily dependent on continued AI-driven investment and growth, leaving little room for the technology to disappoint.
Why now: Investors are anxious about the economy's growing dependence on the AI investment boom paying off.
Torsten SlokApollo Global ManagementAI industry
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Evidence
- AI Had Better Work Out ""This AI thing better work out because if it doesn’t ... we’re going to have a problem,” said Torsten Slok, chief economist at investment firm Apollo Global Management. Today, I’m going to quantify exactly how difficult it will be for the “AI thing” to… · Bl4ckst4r@kolektiva.social · 1
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