✉news TechnologyAI first seen 23 h ago, last 20 h ago, peak #20
AI gloom revives the specter of stagflation
Original: COMMENTARY: AI gloom revives the specter of stagflation: McGeever
Reuters columnist Jamie McGeever argues that growing pessimism about artificial intelligence is bringing back fears of stagflation — the damaging combination of weak growth and high inflation. The commentary suggests that waning enthusiasm for AI's economic benefits could dampen productivity hopes just as costs and prices remain elevated, reviving a concern not seen prominently since the 1970s.
Why now: Investors and economists are reassessing AI's promised productivity gains amid signs of disappointing returns and persistent inflation.
Jamie McGeeverReutersArtificial intelligence
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