Apollo's chief economist: AI boom visible in valuations, not yet in productivity data
2C_ornot2C · x · 2026-10-06
Torsten Slok, chief economist at Apollo, argues the AI boom is clearly visible in investment data and equity valuations but not yet in productivity statistics — meaning AI's productivity payoff remains a forecast rather than an observation. The commenter draws a parallel to Robert Solow's famous quip that "you can see the computer age everywhere but in the productivity statistics," adding a personal theory: the information economy's productivity gains may be offset by its ability to manufacture influencers, hackers and scammers.
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