Torsten Slok is chief economist at Apollo. In recent Bloomberg interviews he has repeatedly discussed AI's role in the US economy, calling the AI buildout a critical driver of growth and flagging risks from delayed data center construction and a possible AI-induced bank run, while noting AI hardware pushed August import prices higher.
Apollo Economist: AI Buildout Is a Key Growth PredictorApollo chief economist Torsten Slok said the AI buildout is 'a very, very critical driver of growth at the moment' for the US economy, warning about risks from delays in data center construction.
Apollo's Slok on high rates, housing and AI-induced bank run riskApollo Chief Economist Torsten Slok discusses on Bloomberg the impact of higher interest rates on US housing supply, the prospect of an AI-induced bank run, and which parts of the economy are most sensitive to Federal Reserve rate moves.
AI Spend 'Critical' to US Economy, Apollo's Slok SaysApollo chief economist Torsten Slok says AI investment has been critical in supporting the US economy. AI hardware kept driving August import prices higher, while Iran-war commodity volatility raised input costs, leaving firms with rising AI-buildout expenses.
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