Business Insider
US · 3 hrs ago
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Apollo's Marc Rowan says to expect 'blue-collar ascendancy' and 'white-collar stress' in the age of AI
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Apollo CEO Marc Rowan predicts AI will benefit blue-collar workers while creating stress for white-collar employees, with private equity leaders discussing both opportunities and succession challenges from AI adoption.
Apollo's Marc Rowan says to expect 'blue-collar ascendancy' and 'white-collar stress' in the age of AI
Marc Rowan, CEO of Apollo
Bloomberg/Getty Images
AI will be good for blue-collar jobs and bad for white-collar jobs, Apollo CEO Marc Rowan said.
Within private equity, it will offer opportunities and "succession risk," per some market players.
Here's what private markets bosses said about the impact of AI on white- and blue-collar workers.
Wide pants, a Middle Eastern oil crisis, and pesky inflation. It almost feels like the 1970s, but don't expect this decade's labor crisis to hit Americans w
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