Saturday, 22 August 2026
Apollo Chief Economist Torsten Slok says early labor-market data suggest AI’s first impact is appearing more in wages than employment. In a study of hundreds of occupations, Slok found that jobs with higher exposure to AI have seen weaker wage growth, while the employment effect…
Headline and excerpt published by Bloomberg Markets. The full article is on their site.
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Read the full story at Bloomberg MarketsAI adoption is suppressing wage growth in affected occupations, creating a tailwind for labor-intensive service and manufacturing sectors while pressuring companies reliant on wage-sensitive talent in technical roles.
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