The adoption of labor-saving artificial intelligence technology could help push down inflation to pre-pandemic levels, but it could also lead to job losses along the way, one economist predicts.
If AI delivers on its promises, the economy of the future could have lower inflation and far fewer jobs.
That’s according to Chen Zhao, chief global strategist at Alpine Macroeconomics, who believes that today’s “jobless profit boom,” fueled by AI ex… [2306 chars]
Source: Investopedia | Published: 2025-12-31T10:01:00Z
Credit: Investopedia
