Federal Reserve Logan: In the long run, the productivity gains from artificial intelligence are very optimistic

ON 17 JULY, THE UNITED STATES FEDERAL RESERVE STATED THAT PRODUCTIVITY GAINS FROM ARTIFICIAL INTELLIGENCE WERE VERY OPTIMISTIC OVER THE LONG TERM. HOWEVER, THE CURRENT STRONG AND REAL DEMAND FOR AI INVESTMENT IS LEADING TO INFLATIONARY PRESSURES IN THE SHORT TERM. THERE IS STILL UNCERTAINTY ABOUT THE SCALE AND TIMING OF THE INCREASE IN ARTIFICIAL INTELLIGENCE PRODUCTIVITY。