Episode 1697 • • 1:05:40 - 1:08:07
1697: neat-o
Bank of Canada Governor Warns of AI Economic Disruption
Bank of Canada Governor Tiff Macklem warned that artificial intelligence could disrupt the economy by destroying jobs and fueling inflation through overinflated tech stocks. While AI has the potential to increase business productivity, Macklem cautioned that the benefits may take a long time to materialize. He urged stakeholders to study the potential fiscal impacts of the AI revolution immediately.