Updated
Updated · Seeking Alpha · Jun 2
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.
AI creates more startups but with fewer employees. Is this a net win or loss for the American job market?
How are investors using AI to acquire and automate entire industries, reshaping the economy from the top down?