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[BUSINESS]■ STORY TIMELINE

AI ADOPTION PRESSURES WAGES WITHOUT JOB CUTS YET

Apollo Global Management's chief economist Torsten Slok has identified a counterintuitive labor market trend: artificial intelligence adoption is dampening wage growth while employment levels remain stable.

1 SOURCEFIRST SEEN AUG 22, 12:00 PM► READ THE ARTICLE
Bloomberg Tech+0m

Torsten Slok found something surprising when Apollo Global Management Inc. looked at how the adoption of artificial inte…