RBA’s Hunter: AI May Raise Financial Stability Risks; Disappointing Returns Could Trigger Sharp, Possibly Disorderly Asset Repricing

AI-Driven Demand Will Put Upward Pressure On Inflation In The Near Term Given Current Supply Capacity - Supply Will Catch Up Over Time, Leaving AI s Long-Run Effect On Inflation Likely Broadly Neutral - Limited Evidence AI Has Materially Boosted Aggregate Productivity Or Had A Large Effect On Employment In Advanced Economies