Deep Tide TechFlow News, February 26th, European Central Bank President Lagarde stated that the European Central Bank will closely monitor whether there are any signs that the widespread application of artificial intelligence across the economy has led to a reduction in jobs. When asked about the impact of AI on growth and inflation, she said that the significant investments in this technological field are not only taking place in Europe and the United States but also showing initial results. However, the impact on employment has not yet become apparent. Lagarde stated, “Current literature indicates that large-scale investments are bringing about a certain degree of productivity improvement. But we have not yet seen the expected changes in the labor market, nor have we seen large-scale layoffs. We will continue to monitor this closely in the future.” (Jin10)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)