Apollo chief economist Torsten Slk reckons AI could be the secret weapon to tackle America’s debt. In a weekend note he leans on Congressional Budget Office projections showing that if AI adoption drives steady GDP growth and holds inflation down, the U.S. could cut borrowing costs and narrow budget deficits.
Slk points to productivity gains, automation and efficiency boosts across industries as the engines of higher output, while a calmer price backdrop would let the Fed keep rates lower.
Over time, those twin effects could stabilize a debt trajectory that under current trends is set to climb. Why it matters: With Washington wrestling trillion?dollar deficits, AI innovation may offer a market?friendly fiscal fix. Investors will be watching how AI’s impact shows up in upcoming growth and inflation data.
Source: https://www.tradingview.com/
