The battle against inflation and how we can use AI and pre-existing policies
Description
In this podcast, we explore the battle against inflation and how we can use AI and pre-existing policies to combat this ongoing economic problem. With the help of three experts from Björn’s Ph.D. economics program, we discuss the impact of artificial intelligence alongside demand and supply-side policies to bring down one of the biggest concerns in our economy: inflation. As experts, we navigate this problem and how we can shape economic policies to define our future economies in the best way possible.
References
AI may start to boost US GDP in 2027. (2023, November 7). Goldman Sachs. https://www.goldmansachs.com/intelligence/pages/ai-may-start-to-boost-us-gdp-in-2027.html
Bank, E. C. (2023, September 22). Disinflation and monetary policy in the euro area. European Central Bank. https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230922~3104733830.en.html
Contributors to Wikimedia projects. (2023, December 14). 2021–2023 inflation. Wikipedia. https://en.wikipedia.org/wiki/2021%E2%80%942022_inflation_surge
Das, D., Sarkar, A., & Debroy, A. (2022). Impact of COVID‐19 on changing consumer behaviour: Lessons from an emerging economy. International Journal of Consumer Studies, 46(3), 692–715. https://doi.org/10.1111/ijcs.12786
Department, I. M. Fund. C. (2023). Finance & development, december 2023: Artificial intelligence: What AI means for economics. International Monetary Fund. https://www.imf.org/en/Publications/fandd/issues
Frankel, J. (2022, June 21). Op-Ed: How liberalizing economic trade could reduce inflation and supply chain woes. Los Angeles Times. https://www.latimes.com/opinion/story/2022-06-21/trade-inflation-tariffs-supply-chain
Hannam, P. (2023, March 6). Interest rate rises: Is there a less painful way to curb inflation? The Guardian. https://www.theguardian.com/australia-news/2023/mar/07/interest-rate-rises-is-there-a-less-painful-way-for-the-rba-to-curb-inflation
Hanna N. Gueorguiev and R. Nakatani. (2021, November 28). International Monetary Fund. Retrieved December 17, 2023, from https://www.imf.org/en/Blogs/Articles/2021/11/18/sharing-the-gains-of-automation-the-role-of-fiscal-policy
Moufakkir, M. (2023, September 28). Careful embrace: AI and the ECB. European Central Bank. https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog230928~3f76d57cce.en.html
Napolitano, E. (2023, June 2). AI eliminated nearly 4,000 jobs in May, report says. CBS News. https://www.cbsnews.com/news/ai-job-losses-artificial-intelligence-challenger-report/
Ricadela, A. (2023, December 8). Supply chain and inflation: Issues and impacts. Oracle. https://www.oracle.com/scm/supply-chain-inflation/
Smith, N. (2022, January 29). Inflation-fighting as a multi-decade project. Noahpinion.
Sun, M. (2023, December 8). Young Global Leaders’ insights on artificial intelligence. World Economic Forum. https://www.weforum.org/agenda/2023/12/artificial-intelligence-young-global-leaders/?utm_campaign=social_video_2023&utm_content=32863_AI_FOMO&utm_medium=social_video&utm_source=ig
Taylor, H. (2023a, July 17). Can we beat inflation by growing the economy? Investors’ Chronicle. https://www.investorschronicle.co.uk/news/2023/07/17/can-we-grow-the-economy-to-beat-inflation/
Why innovation could stop inflation. (n.d.). Retrieved December 17, 2023, from https://www.ft.com/content/57bccc8f-e75d-4be6-a92e-96470aa7e7de
Wile, R. (2023, July 26). Federal Reserve raises interest rates to highest point in more than 20 years. NBC News. https://www.nbcnews.com/business/economy/interest-rate-hike-july-2023-how-much-higher-federal-reserve-rcna96210
Woodman, A. (2017, December 14). Japan cuts corporate tax to spur growth, investments. Global Finance Magazine. https://gfmag.com/features/japans-corporate-tax-reform-abe-government/
Xanthe B. Gabrielle-Beacher. (2022, July 29). Can innovation curb inflation? Mysite. https://www.commercialawjournal-bpp.com/post/can-innovation-curb-inflation
Yagi, M., & Managi, S. (2023). The spillover effects of rising energy prices following 2022 Russian invasion of Ukraine. Economic Analysis and Policy, 77, 680–695. https://doi.org/10.1016/j.eap.2022.12.025
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit aucfundamentalsofmacro.substack.com






















