Apollo's Torsten Sløk: There's no evidence AI is lifting margins outside tech | Sozzi Unleashed

• AI's immediate impact on profit margins and revenue growth is not yet visible outside the tech sector, indicating an 'adoption delay' for its full economic benefits.
• Despite potential labor displacement from AI, the US is experiencing record new business creation, which could lead to overall job growth and offset some job losses.
• Significant affordability challenges persist across education, healthcare, housing (due to high prices and mortgage rates), and energy (with a risk of oil price jumps).

Torsten Sløk discusses AI's potential as a 'miracle drug' for productivity and employment, noting record new business creation in the US. However, he highlights that AI's profit margin benefits haven't yet spread beyond the tech sector. He also points to significant affordability challenges in housing, healthcare, education, and energy as potential economic headwinds.