Friday , 20 September 2024
Home Forex BoC’s Macklem: AI could destroy more jobs than it creates
Forex

BoC’s Macklem: AI could destroy more jobs than it creates

Bank of Canada Governor Tiff Macklem said on Friday that the adoption of artificial intelligence (AI) could add to inflationary pressures in the near term, per Reuters.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Baker Hughes US oil rig count: Unchanged at 488

The recent drop in oil prices hasn't curbed drilling yet but could...

Fed’s Bowman explains dissent. Says she would have preferred a smaller rate cut

Sees progress on inflation and labor market cooling since mid-2023Believes smaller initial...

Morgan Stanley: We expect a string Fed cuts through mid-2025; staying short USD/JPY

Morgan Stanley anticipates a series of 25bp cuts from the Federal Reserve...

AUDUSD dips to moving average support. What next technically?

The AUDUSD moved up and tested a swing level near 0.6823 in...