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Tyler Cowen: AI Could Have a Surprising Effect on Interest Rates
Artificial intelligence will improve productivity, which usually means lower rates. But it will also lead to greater demand for capital. As improvements in artificial intelligence continue apace, so do questions about how AI will influence economies, asset prices and — the question of the moment — interest rates: Is AI more likely to make them
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Posted: March 27, 2024 Wednesday 05:00 AM