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AI's Uncertain Impact on Jobs and Productivity | Markets & Money News
Sarah Hunter, Assistant Governor of the Reserve Bank of Australia, discusses the current impact of artificial intelligence on productivity and job markets at a UBS conference. She notes that evidence of AI boosting productivity or causing job losses is scarce. While AI might initially increase demand and inflation, supply is anticipated to catch up over time. Hunter highlights recent shifts in job postings due to AI and warns of potential financial stability risks. The Reserve Bank's recent
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