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Artificial intelligence was supposed to reduce prices. Instead AI is boosting inflation.
Bull/Bear Index 46.0/100
global_markets BEAR 80/10 MarketWatch Top Stories · 2h ago

Artificial intelligence was supposed to reduce prices. Instead AI is boosting inflation.

Contrary to expectations, the boom in artificial intelligence is now seen as contributing to the upsurge in U.S. inflation, rather than reducing prices.

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