AIThe Next Webabout 2 hours ago
Central bankers grapple with AI's economic impact
1 min read
The European Central Bank's annual Forum on Central Banking in Sintra focused on artificial intelligence. Fed Chair Kevin Warsh, ECB President Christine Lagarde, Bank of England Governor Andrew Bailey, and Bank of Canada Governor Tiff Macklem discussed AI's uncertain effects on growth, prices, and financial stability. Major AI firms committed roughly $300bn to capital spending in 2025.
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