The relationship between artificial intelligence (AI), productivity, and inflation is complex and multifaceted. AI adoption is expected to significantly raise productivity, therefore increasing aggregate output in the long run. However, AI-related spending could increase consumption and investment even before productivity gains materialized. Inflation responses to AI adoption also depends on the expectations of households and […]
Tag Archives: AI
Financial Stability, Payment Systems, Supervision
Role of Cloud Services, AI and Technology in Shaping the Macro Architecture of the Financial System
12
Dec
Dec
Background The financial system has undergone a significant transformation in recent years, driven by rapid advancements in cloud computing, artificial intelligence (AI), and other emerging technologies for payments. These have had a profound impact on how banks do business, people interact with banks, and customers make payments for goods and services. Advancements in digital technology […]
Financial Stability
The Adoption of AI in SEACEN Member Central Banks and Considerations for Financial Stability
21
Nov
Nov
The purpose of this blog is to explore the adoption of AI in SEACEN’s member central banks (MCBs) and explore the risks to financial stability, and how central banks and regulators should respond.