Tag: AIimpact

AI Could Raise Inflation Short Term, Warns Bank of Canada Governor

In an insightful address at an AI conference in Toronto, Bank of Canada Governor Tiff Macklem highlighted how the rapid adoption of artificial intelligence (AI) technologies could induce short-term inflationary pressures. His views reflect ongoing debates about the balance between technological advancements and economic stability. Macklem’s main argument centers on the premise that while AI […]

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