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Goldman Sachs: Artificial intelligence May Increase Inflation in the US More Than in Other Countries
Goldman Sachs has indicated that a global wave of inflation driven by artificial intelligence use will have a greater impact on the United States, where core inflation is expected to rise by approximately 20 basis points annually and could reach 50 basis points by the end of the year. This surpasses other advanced economies, which are projected to experience average increases of just 10 basis points. This reflects the varying effects of artificial intelligence on inflation across different countries.
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