Tuesday, 2 June, 2026
AI Boom Creates Jobs, Not Just Pink Slips, Says Apollo Economist
By TechShots Studio
Apollo Global Management’s chief economist pushed back against fears of mass AI-driven layoffs, arguing that the surge in AI investment is creating jobs alongside automation. He said new spending on AI infrastructure, software, and services is generating employment opportunities even as some tasks become automated. According to him, the broader economic impact of AI is likely to be job transformation and creation rather than widespread workforce displacement.
Read full story at times of india