AI agents may siphon low‑interest deposits, cautions Apollo’s Torsten Slok
In a recent commentary, Torsten Slok, the chief economist at Apollo Global Management, raised a cautionary flag about the emerging role of artificial‑intelligence‑driven agents in the financial system. He argued that as these autonomous programs become more sophisticated, they could inadvertently trigger a rapid outflow of funds from traditional, low‑interest deposit accounts, effectively creatin…
Sept. 28, 2026, 1:06 p.m.