Apollo Global Management's chief economist Torsten Sløk says the AI boom is creating more human jobs, not eradicating them.

they keep laying people off and not hiring anyone at my company. it’s not AI-related though, we have no gains from AI lol

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saying it’s AI-related is an easy and convenient way to do layoffs without it looking bad to investors. also investors want to see this so they are willing to believe the lie.

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