Aspire Global Company Limited

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Reserve Bank of Australia Assistant Governor Hunt: There is little evidence that artificial intelligence has had a significant impact on overall employment in advanced economies.

Reserve Bank of Australia Assistant Governor Hunt: In the short term, the positive impact of artificial intelligence on aggregate demand, when weighed against the current supply capacity of the economy, will put upward pressure on inflation.

Reserve Bank of Australia Assistant Governor Hunter said supply will catch up with demand over time and that AI's long-term impact on inf is likely to be broadly neutral.

Reserve Bank of Australia Assistant Governor Hunt: Over time, supply will catch up with demand; the long-term impact of artificial intelligence on inflation is likely to be broadly neutral.

RBA Assistant Governor Hunt said current evidence is limited and does not yet indicate that AI has significantly boosted aggregate productivity.

Reserve Bank of Australia Assistant Governor Hunt: There is limited evidence at present to suggest that artificial intelligence has significantly improved overall productivity.