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The Latest Breaking News from Torsten Slok

Tokens are getting cheaper, but companies are spending even more on AI as a result, top economist warns

Tokenmaxxing may be over, but experts still have concerns about ballooning AI spend.

Fortune

AI productivity gains are real but so is bad management: 'Leaders are really struggling to articulate what the vision and strategy is'

In the meantime, BCG's David Martin told Fotune, fear runs amok. "A sharing culture is incredibly important, but it's not natural for fearful employees.”

Fortune

Scott Bessent says America's in a 'manufacturing renaissance' and Wall Street largely agrees. So where are the jobs?

He's not alone. Apollo Global Management Chief Economist Torsten Slok thinks we're living through an "industrial renaissance."

Fortune

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New York Fed research is just one of many saying remote work is behind the real Gen Z hiring nightmare

Graduates are blaming AI for their employment woes, but the real culprit may be the pandemic’s most sought-after workplace perk

Fortune

A record number of 18-year-olds are set to graduate into an economy designed against them

It's the commencement season that Gen Z fought back as America hits peak 18 and peak data center at the same time.

Fortune

The AI boom hasn’t stopped U.S. companies from hiring cheap offshore labor, and overseas call center employment is still skyrocketing

“The technology that was supposed to shrink the industry is fueling its expansion,” said Apollo chief economist Torsten Slok.

Fortune

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI

Mustafa Suleyman believes current AI computational power will only accelerate, disrupting every kind of work you do “sitting down at a computer.”

Fortune

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Top economist says $39 trillion national debt leaves government worse prepared for recession than ever

The Fed’s hands would be tied in the case of a downturn.

Fortune

The China shock hollowed out factory towns. This professor thinks the AI shock is coming for your urban coffee shop

A new AI index maps out where in the U.S. the technology stands to hit hardest, echoing an economic trauma America is still recovering from.

Fortune

AI isn't paying off in the way companies think. Layoffs driven by automation are failing to generate returns, study finds

A Gartner study found that while 80% of companies surveyed reported workforce reductions, there was no correlation to higher ROI.

Fortune

The AI job apocalypse is 'unhelpful marketing, bad economics and worse history,' a16z says

So, then, why are so many historians afraid?

Fortune

Sam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology

Some economists are warning there’s no sign of AI-related job displacement appearing in the labor data. Altman claimed it’s just a matter of time until it does.

Fortune

Jensen Huang says some CEOs have a 'God complex' when it comes to AI apocalypse warnings, which can create shortages of critical workers

"So we have to be mindful of how we communicate the importance of this technology and what it's able to do."

Fortune

A 160-year-old paradox explains why AI will create more lawyers and accountants—not fewer, top economist says

Apollo chief economist Torsten Slok thinks AI doomers may be proven wrong. Just swap in "people" for "coal" in Jevons Paradox.

Fortune

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Fortune

Thousands of CEOs admit AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago

In the 1980s, economist Robert Solow made an observation that reminded economists of today’s AI boom: “You can see the computer age everywhere but in the productivity statistics.”

Fortune

U.S. debt suddenly draws weaker demand as $10 trillion must be rolled over this year amid Iran war. 'The bond market remains undefeated'

"The need for additional spending to finance the war would increase U.S. debt, sparking a bond market selloff as investors require additional compensation to cover potential losses."

Fortune

Meet a 29-year-old blue-collar founder who used AI to triple his revenue in 3 years

Rick Chorney dropped out of high school because he needed to find his own place. Ten years later, he's about to cross the $1 million revenue line.

Fortune

Economists are loathe to mention recessions, but odds just hit 49% for the next 12 months according to Moody’s top economist

"If oil prices remain elevated for much longer (weeks and not months), a recession will be difficult to avoid," Zandi said.

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Fortune

U.S. debt is competing with a record supply of corporate bonds, which is pushing up the cost of federal borrowing just as war spending piles up

Last Tuesday saw the single busiest day on record for U.S. corporate bond sales.

Fortune

Goldman finds ‘no meaningful relationship between AI and productivity at the economy-wide level,’ but a 30% boost for 2 specific use cases

Have you got “AI-nxiety?” Goldman took a closer look at the last earnings season and found a mismatch between hype and reality.

Fortune

Moody’s flags $662 billion risk at the heart of the data center build-out by just 5 companies

“The accounting liability is unlikely to reflect certain plausible future scenarios,” Moody’s said of Meta, Amazon, Alphabet, Oracle, and Microsoft.

Fortune

People are getting fake news on their phones and that’s increasing the risk of a market crash

The great smartphone panic of 2026 builds off the “dumb money” revolution of the past five years. Now viral doomerism is threatening the real economy.

Fortune

Fed staff are more worried about stock prices than tech debt, even as hyperscalers go on a borrowing binge for their AI spending

In the fourth quarter of 2025 alone, tech companies issued a record $108.7 billion in bonds, according to Moody’s Analytics, capping a full-year total of nearly $300 billion.

Fortune

Sam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology

Some economists are warning there’s no sign of AI-related job displacement appearing in the labor data. Altman claimed it’s just a matter of time until it does.

Fortune

Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago

In the 1980s, economist Robert Solow made an observation that reminded economists of today’s AI boom: “You can see the computer age everywhere but in the productivity statistics.”

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Sebastian Siemiatkowski

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