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Bank of Japan Deputy Governor says AI has mixed implications for economy

Original: BoJ Deputy Governor Uchida says adoption of AI might have positive and negative implications for productivity and labour markets, adds AI has become a key topic of discussion among central banks, including at the BoJ's monetary policy meetings

Bank of Japan Deputy Governor Uchida said the adoption of artificial intelligence could have both positive and negative implications for productivity and labour markets. He added that AI has become a key topic of discussion among central banks, including at the BoJ's own monetary policy meetings, marking a notable signal that policymakers are weighing AI's economic effects.

Why now: Central banks are increasingly assessing how AI adoption could affect productivity, employment and the economic outlook.

Bank of JapanUchidaartificial intelligence

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• BoJ Deputy Governor Uchida says adoption of AI might have positive and negative implications for productivity and labour markets, adds AI has become a key topic of discussion among central banks, including at the BoJ's monetary policy meetings · Newsquawk

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