Apollo Global Management: No Evidence Yet of AI Displacing Offshore Workers in Philippines and India
Key Takeaways
- ▸No measurable impact on unemployment in Philippines and India despite AI adoption by U.S. companies
- ▸Apollo is tracking offshore labor markets as early indicator of AI-driven displacement risk
- ▸Current data suggests AI and offshore outsourcing may be coexisting rather than competing in the near term
Summary
Apollo Global Management's chief economist reports that despite widespread concerns about AI automation eliminating jobs, there are currently no observable signs that artificial intelligence is reducing demand for offshore workers in the Philippines and India. The firm is actively monitoring unemployment rates in these major outsourcing hubs to track whether AI adoption by U.S. corporations is impacting the need for outsourced labor. The data presented suggests that, at least in the near term, AI has not yet meaningfully displaced the offshore workforce that powers much of corporate America's business process outsourcing. However, the research comes with standard disclaimers that trends may change and future impacts remain uncertain, particularly as AI adoption accelerates across enterprises.
- Future trends remain uncertain as AI capabilities and enterprise adoption continue to evolve
