AI Drives US Business Formation Boom, Apollo Economist Says
Updated
Updated · Seeking Alpha · Jun 2
AI Drives US Business Formation Boom, Apollo Economist Says
3 articles · Updated · Seeking Alpha · Jun 2
Artificial intelligence is emerging as a major force behind a sharp rise in new U.S. business formation, according to Apollo Global Management chief economist Torsten Slok.
Advances in AI and large language models are lowering barriers to starting companies, making it easier for entrepreneurs to launch and operate new ventures.
Slok framed the trend as a broad entrepreneurship boost rather than a sector-specific shift, pointing to AI as a catalyst reshaping how quickly businesses can be created across the U.S. economy.