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RBA official says AI gains will do little to curb inflation

A senior Reserve Bank official says productivity improvements from artificial intelligence are unlikely to make much difference to inflation, despite broader hopes for the technology.

Written by AI from 2 sources

Photo: The Sydney Morning Herald
  • A senior Reserve Bank official has warned that productivity improvements from AI are unlikely to help bring inflation down significantly. Business News

  • AI supporters believe the technology could improve lives and give people more free time, but it could also come at a financial cost. The Sydney Morning Herald