Can AI boom make everything more expensive? IMF's chief economist says the inflation story is just beginning

Artificial intelligence (AI) could fuel inflation not only by pushing up the cost of semiconductors and technology hardware, but also by making consumers wealthier and more willing to spend, International Monetary Fund (IMF) Chief Economist Pierre-Olivier Gourinchas told Bloomberg, warning that AI is creating new inflationary pressures through both supply and demand channels.

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