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AICrypto Briefing

Bank of England’s Bailey sees early signs of an AI-driven positive supply shock

By Diego Almada Lopez

AI's potential to boost UK growth is promising, but financial stability risks loom if productivity gains don't meet expectations. The post Bank of England’s Bailey sees early signs of an AI-driven positive supply shock appeared first on Crypto Briefing.

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Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

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