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Story summary
- Torsten Sløk, chief economist at Apollo Global Management, said there is zero evidence AI caused job losses.
- The ADP report showed private firms added almost 110,000 workers in April while hiring AI implementation experts and raising AI-specialist salaries.
- Block cut its workforce from over 10,000 to under 6,000, citing AI.
- An EY survey of 240 CEOs found about 60 % expect AI to keep or increase staff by 2026.
