Gen AI, the economy and consumer expectations BISness

How will the widespread adoption of artificial intelligence (AI) affect inflation and the global economy? How do consumers perceive the impact of AI on their everyday lives? BIS economists Iñaki Aldasoro and Sebastian Doerr discuss these issues, drawing from their recent Working Paper The impact of artificial intelligence on output and inflation and BIS Bulletin Survey evidence on gen AI and households: job prospects amid trust concerns.