A 'low-tech' Cleveland Fed tool consistently outperforms generative AI, which has struggled to provide reliable forecasts Don't bother asking AI for an inflation forecast. A new study provides yet ...
Rising prices for computers, phones, game consoles, appliances, and cars are just the beginning ...
For most of the past three years, central banks have treated artificial intelligence the way they treat climate change or demographics: a long-horizon force worth monitoring, but not yet an instrument ...
LONDON, June 2 (Reuters) - The Iran energy story may be masking a bigger inflation worry. The AI boom is building a head of steam in prices under the surface, and it's a boom that will likely outlast ...
A new study provides yet more evidence that investors exaggerate the forecasting ability of artificial intelligence. The study’s authors found that ChatGPT doesn’t even come close to matching the ...