Citi sounds the alarm for a deflationary spiral if AI sparks high unemployment and only benefits a small elite

Inflatie

Citi sees the potential for a new AI-related crisis brewing in the economy: deflation. In a note to clients on Friday, researchers at the bank said they believe that more companies adopting AI will eventually lead to higher unemployment. Those job losses could later lead the US down a deflationary path, a precarious situation in which inflation doesn't just slow, but prices actually fall. While that sounds like a boon for consumers, the reasons behind deflation aren't good. Economists often

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