The AI boom has turned the standard profit margin model on its head, according to Apollo Chief Economist Torsten Slok—and it’s making the industry’s growth unsustainable.
It will be interesting, normally you’d expect massive layoffs but companies may be forced to actually re-hire staff due to their over-inflated AI replacement expectations
It will be interesting, normally you’d expect massive layoffs but companies may be forced to actually re-hire staff due to their over-inflated AI replacement expectations