AI promises to boost productivity, but its impact on inflation remains a bit of a black box. That has not stopped tech optimists — across Silicon Valley and Wall Street — from calling on the US Federal Reserve to already incorporate AI’s cost-cutting potential into its monetary policy. The head of Northern Trust’s asset management unit told the FT this week that the technology will be “massively disinflationary” and that the central bank should “hold steady” on rate decisions. Kevin Warsh, Donald Trump’s nomination to be the Fed’s next chair, has also argued that AI can ease price pressures, enabling the rate cuts that the president desperately wants.
人工智能(AI)有望大幅提升生产力，但它究竟会如何影响通胀，眼下仍然像一个黑箱。即便如此，硅谷和华尔街的技术乐观派，已经开始呼吁美联储把AI未来可能带来的降成本效应，提前纳入货币政策考量。北方信托(Northern Trust)资产管理业务负责人本周向英国《金融时报》表示，这项技术将“极大地压低通胀”，因此美联储在利率问题上应当“按兵不动”。唐纳德•特朗普(Donald Trump)提名的下任美联储主席人选凯文•沃什(Kevin Warsh)也提出，AI能够缓解价格压力，从而为总统急于看到的降息打开空间。