Is AI Good For The US Labor Market And Bad For Europe's?

Is AI Good For The US Labor Market And Bad For Europe's? France's unemployment rate has been climbing steadily over the past eighteen months to the highest level in five years, with unemployment increasing across all age groups. The US, by contrast, has stayed essentially flat and near multi-decade lows over the past few years. While there are multiple factors driving both country's economic progress (or lack of it), Apollo's Chief Economist, Torsten Slok, recently noted that...

By Tyler Durden