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Apollo's top economist warns of a painful market repricing as return on AI investment slows
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2 Articles
2 Articles
Apollo's top economist warns of a painful market repricing as return on AI investment slows
Bloomberg/Getty ImagesApollo's top economist sees a "painful repricing" in the market as a result of slower AI gains. Torsten Sløk says it could be years, not months, before companies see a return on AI investment.AI-driven returns will be slow to materialize in many industries, he said. Uneven returns on AI investment could be a wakeup call for the red-hot stock market, a top economist says. US equities are roaring, with unrelenting tech bullis…
·New York, United States
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Torsten Slok, Chief Economist at Apollo, presented two scenarios for AI at the Annual Central Bank Forum in Sintra, Portugal. She will either replace jobs or she will not keep her promises for investors.
·Paris, France
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Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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