Ep. 54: Will Artificial Intelligence Kill Inflation?

The question that Inflation Guy addresses is causal: does the productivity enhancement promised by AI mean that future inflation will be lower, or not?

But in order to boost productivity, we asked ChatGPT to write the synopsis. After trimming most of the 538-word answer, the only relevant bit was this:

"In this episode, we explore the potential role of artificial intelligence (AI), a rapidly advancing technology that enables machines to learn from data and make predictions or decisions, in shaping the future of inflation. Can AI help us manage inflation more efficiently and effectively, or could it exacerbate the risks of inflation in unexpected ways? What are some examples of AI applications that have already influenced inflation dynamics, and what are some challenges and opportunities for further research and development?"

That isn't at all what this episode is about. Although admittedly it sounds interesting.