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Apollo Chief Economist Torsten Slok outlines the key macro dynamics shaping the landscape, from the AI boom to the industrial renaissance and policy.
Sixty years after "cybernation" sparked fears of mass unemployment, AI raises the same question: will it fundamentally displace human labor, or reshape it?
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This op-ed was originally published in Fortune on July 31, 2026.
As America invests in power, infrastructure, manufacturing and critical supply chains, financing this next chapter will require a more connected capital system.
“Rebuilding America’s industrial base after decades of underinvestment will require trillions of dollars, from expanding power infrastructure to modernizing manufacturing and strengthening critical supply chains, all competing for the same pools of capital.”
Jim Zelter, President of Apollo Global Management
Apollo is a solutions provider, delivering flexible capital at scale to leading companies around the world. As a principal investor, we provide long-term, aligned capital that helps businesses grow, invest and operate in the real economy.
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